What Fairy Finance is about?

Fairy Finance is a next-generation Cronos blockchain platform that combines a cutting-edge multi-token protocol, NFT utilities, and blockchain games. The platform is fueled by its core token, $UNICORN — an algorithmic token pegged 1:1 to CRO.

The overall goal of the project is to keep $UNICORN above peg and thereby create the highest possible returns for all investors. Besides adding new use cases, all features, such as NFTs or GameFi, are always designed to support the overall goal.

Moreover, we are on a constant mission to build additional features, helping us to create the most sustainable and profitable multi-token protocol on Cronos.

Fairy Finance Tokens

Fairy Finance is a multi-token protocol that consists of the following three tokens:

  • $UNICORN: The algorithmic token pegged 1:1 to CRO

  • $WINGS: The protocol's share token, creating $UNICORN inflation when the network expands.

  • $MAGICBOND: The protocol's bond token that can be purchased when the network is in contraction and redeemed when the network comes to its inflationary phase.

Fairy Finance has paid the highest attention to develop an innovative solution able to adjust the token supply deterministically. As a result, the protocol's underlying mechanism dynamically adjusts $UNICORN supply, pushing its price up or down relative to the CRO price.

Find more information and details about the tokens: Token Details

Nodes

Right from the start, Fairy Finance utilized Nodes as a strong feature to maintain a stable peg and incentive investors for long-term holding. Nodes are a form of so-called locked staking where the initial investment is locked to create a node that in turn delivers daily rewards back to the user at an estimated initial rate of 1.5-3% daily and a maximum ROI of approximately 500%.

Single Nodes

Single nodes are based on the protocol's tokens: $UNICORN or $WINGS. Find more information about single nodes here: Nodes

Liquidity Pools

Besides single nodes, Fairy Finance is constantly expanding its network and partnering with renowned Cronos projects to offer liquidity pool (LP) nodes. In that case, investors create a liquidity pool of tokens use the LP to create nodes. Find out more information about LP Nodes here: Nodes

NFTs

NFTs will be another essential part of the platform. The team is currently working on the details and will be adding the results shortly.

GameFi

Gaming is Fairy Finance's third important pillar. Similar to NFTs, the team is currently working on the details.

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