Crypto.com has a program that helps increase profits for their holders of CRO. They create a pool of varying crypto every 45 days and then after this period is up, they distribute the allocated pool of coins to the holders. This is a good way if you have small amounts of CRO, such as the amount you get from cashback with using their visa card. I'll briefly go over their supercharge program here and help you get prepared for the upcoming pool that's starting later today with BOSON.
Charging period
At the start of these 45 days, a crypto is chosen for charging and the charging pool opens. During this time you can deposit CRO, a minimum of 100 at a time to the pool. While your CRO is in this pool it's added to a total liquidity pool. This pool is calculated by the total amount of CRO in the pool at any given hour. Every hour that passes these 45 days, a snapshot is taken to calculate the liquidity. This means that the longer you have CRO in the pool the higher your liquidity score. This means that it would be preferble if you place your wanted CRO for the score early on, such as later today.
Acceptance period
After the charging period is over, the acceptance period begins. This gives a grace period of 24-hours were liquidity providers can accept their rewards, which will be listed in the Crypto.com exchange and the Crypto.com app. Once accepted, their rewards will be sent to their exchange account where the total reward will be split up amongst the 45 upcoming days. So every day you get 1/45th of the total rewards. Your rewards are calculated by taking your liquidty score for the period and dividing it by the total liquidty score of all users. So if your liquidty score is 200.000 and the total is 1.000.000, your rewards would be 200.000/1.000.000 of the total reward pool (which is usually a couple hundred thousands worth of coins).
Reward period
If you haven't accepted your rewards you'll lose whichever day you've missed to grab your rewards on. Once you have accepted the rewards, the remainder of days worth of rewards will be given to you. You'll simply get your rewards given to you daily for the reward period. The rewards depends on the total allocation of rewards at the time of the charging period ending and how high your liquidity score is. Also around this time a new charging period opens up with new rewards, your current provided CRO will be automatically moved over to the new pool without you having to do anything.
Your CRO can be freely taken out of the pool at any given time at any amount you choose to. Your score will stay the same, however it won't increase if you don't have any CRO. This is a nice way for you to increase your profits as most earn or stakeing requires a minimum amount and the options are often spread out amongst different plattforms, wallets and exchanges.
Supercharger should be used with your spare CRO from the earn program or their visa cards. However if you manage to gather a four digit amount of CRO it would be better to place that else where as the liquidity pool tends to grow to a massive size.
What's your opinion and thoughts on supercharger? Drop a comment down below.
Jump into the supercharger pool today before the next charging period opens up later today!
