https://crypto.com/product-news/cro-earn-limited-time-offer
The link above indicates the deal. 20% p.a on CRO on their earn program.
Firstly, this deal is not available in Hong Kong, Switzerland, Malta and Australia sadly. So I'll be missing out :/
You will have to lock in for a 12-month fixed term using Crypto.com's earn plan and it is apparently first come first served so hopefully there are still spots if you are interested. There is also no allocation limit so gather up all your CRO from the defi or other exchanges if you have them there!
This is a good move by Crypto.com as they will be able to ensure that at least a significant portion of CRO will be locked in and unable to be sold during the soon to be busy crypto market with the Bitcoin halving. A lot of people are expecting the Bitcoin halving to inflate the market, causing not only Bitcoin to go up but also other crypto coins. This will likely cause CRO to surge in its price and many people will want to cash out for some profits, in doing so CRO may fall largely and may possibly not recover. To avoid such a situation, crypto.com has issued 20% p.a on CRO with a one-year fixed term. This is a big move by CRO as 20% is not a small amount with the defi only offering approximately 7% p.a on CRO, this will cost Crypto.com in the short term but will allow CRO to survive the fall as large whales would be locking up a large portion.
Is this a good strategy? I personally think so as it will help them stabilize and ensure their survival.
You will have to sacrifice not being to sell at the top or near the top if you do this as it is a one-year fixed term lock in.
TL:DR CRO 20% p.a for one year fixed term on crypto.com earn program. Excludes certain countries so be sure to check. This will help CRO survive even if there is a mass selling after surge in price.
