Cronos ID CROIDPrice $ 0.0163

Cronos ID is a decentralised identity and communication layer built on Cronos. On a broad level, Cronos ID will give users the ability to send and receive information onchain, powered by human-readable identifiers. To achieve this, Cronos ID is powered by 3 key subprotocols: 

• Starting with the Domains, every user will have a unique onchain identity, allowing you to find friends and exchange crypto with ease 
• The Notifications service will help the community keep track of key protocol events, alerts, NFT bids and more - gone are the days of manually checking your DApps for bids or collateral factors. 
• Finally, by leveraging Messaging, users and projects will be able to connect and communicate with each other in a safe and verifiable environment.

CROID is Cronos ID’s native and governance token to be utilised in Cronos ID’s broader ecosystem. Within Cronos ID Domains, users will be able to utilise $CROID tokens to purchase 3 and 4 character names at a discounted price. If you are a Cronos ID domain holder, you can deposit $CROID into the staking vaults to earn additional $CROID rewards.