Bank of Cronos

The Bank of Cronos (BOC) is a community-owned decentralized autonomous organization (DAO) with the goal of developing and maintaining decentralized financial (DeFi) protocols on the Cronos network. The BOC token is backed by the BOC Treasury which will consist of a basket of assets (e.g. USDC, DAI), giving it an intrinsic value that it cannot fall below. Bank of Cronos token and treasury are implemented by modified fork of the Olympus DAO Protocol (seen on Ethereum) and will feature unique economic dynamics through staking and bonding strategies.