An Innovative Token Economic Model

1. System Overview

The Croc Token system represents a groundbreaking token economic model that synergizes advanced Web3 technology with innovative incentive mechanisms. It consists of three interrelated tokens: Croc, sCroc, and eCroc, collectively forming a flexible, stable, and highly scalable ecosystem.

2. Token Types and Functions

• Croc: The foundational token of the system, freely traded on the open market. Its market value reflects the overall health of the ecosystem.
• sCroc (Staked Croc): Acquired by staking Croc, sCroc enables holders to participate in platform governance and grants them additional rights to revenue distribution.
• eCroc (Ecosystem Croc): Utilized for internal platform transactions and services, eCroc enhances transaction efficiency and security within the ecosystem.

3. Core Mechanisms

Token Exchange Mechanism

• sCroc Exchange: Users can either opt for a 90-day unlock period for sCroc or choose a quick exchange via the Curve market.
• Croc and eCroc Exchange: The exchange rate is set at 1:1 for Croc to eCroc, while the reverse exchange is at a rate of 4:5 from eCroc back to Croc.

Reserve Backup Floor Price Mechanism

• Dynamic Price Adjustment: Token prices are automatically fine-tuned through smart contracts to reflect market conditions.
• Mining Compensation Mechanism: This compensates users for any losses incurred due to temporary market fluctuations.
• Central Automated Market Maker (AMM): Provides continuous liquidity and dynamically adjusts to market conditions to maintain balance.

NFT Mining Ecosystem