Since Corion laid its foundation in 2016, it is dedicated to promoting the adoption and usage of stablecoins, DeFi solutions, CBDCs, and Openfinace. It facilitates the merging of the cryptocurrency and stablecoin sectors via its utility token, CORX. Through its #MoneyInTheRightDirection Movement, CorionX is emphasizing the usage and spread of stablecoins and other crypto instruments as digital and programmable money. The movement also builds a global community where members can share knowledge, information, and use cases of various industries.
The Corion Foundation assists and supports the projects providing stablecoin use cases, decentralized services, and CBDCs. Stablecoin cryptocurrencies are expected to grow exponentially in the coming years, and thus, the utility token associated with these coins will see a market boost as well.
CORX, the utility token, functions as an incentive for the popularization and growth of stablecoins, cryptocurrencies and decentralized finance. The token enables the users to share information and facilitate the development of the community. CorionX offers benefits in the usage and trading of stablecoins and DeFi cryptocurrencies.
Rewards For The Users Through CorionX Loyalty Staking Program
Corion Foundation has been fostering the use of stablecoins and DeFi to change the scenario of digital payments globally. A mission as wide-ranging as this needs the contribution and support of the community. CorionX appreciates the users who are operating and making transactions on the network or the ones who hold and use the token in different utilities.
In the Loyalty Staking Program, 60.000.000 CORX tokens will be distributed in 24 months, followed by the exchange listing. The program provides numerous benefits to the loyal token holders quarterly. This is done on the basis of their average holdings in every quarter after the official launch in 8 quarters.
Daily users are rewarded 2.5% staking quarterly (10.38% per annum). CorionX scans all the public addresses and domains on the Ethereum network to keep a check on the average number of CORX tokens held during each quarter.
Each 2.5% token release will be distributed among those addresses that possess at least $100 worth of CORX tokens. As a part of the Loyalty Staking Program, partner exchanges or staking providers will be allowed to provide additional incentives and rewards to the token holders.
The CorionX utility token is listed on two leading decentralized exchanges, allowing the users to trade CORX token reliably on major DEXes. These include Tokenizer, Uniswap, and Probit exchanges.
With CorionX Loyalty Staking Program, #MoneyInTheRightDirection movement, and other activities, CorionX is making huge strides towards its objective of reaching 20 million active users of stablecoins by the end of 2021.