Cronos is a blockchain network that interoperates with both the Ethereum and Cosmos ecosystems, supporting DeFi, NFTs, and the metaverse. Cronos is powered by Ethermint, which allows for the rapid porting of apps and smart contracts from Ethereum and EVM-compatible chains. Acting as the native token for the Cronos Chain, CRO, is primarily used as an intermediary currency settlement tool. All users on the chain will need to fund block transaction fees using CRO, and tokens can be earned as rewards for processing and verifying transactions on the network.
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