LEGALITY

TOKEN BACKED BY HISTORY:

Product Structure: The Kroncash platform is focused on tokenizing the historical economic strength of the French Franc, rather than offering structured crypto asset securities such as bonds, loans, or direct profit-sharing derivatives as a medium of exchange. The Kroncash approach appears to be more akin to a digital representation of a fiat currency, rather than an unregistered investment product. By resurrecting history and creating continuous records of the public trust in the past, our DAO offers a solution to volatility incorporating a theme of HISTORICAL trust in the French francs inflation adjustment.

GOVERNANCE SELF REGULATED

Regular Audits: Kroncash commits to conducting regular audits of its operations, finances, and reserve management, ensuring transparency for its stakeholders.

Snapshot Governance: Kroncash implements a governance system where token holders can vote on significant decisions, including how to allocate revenue for investments and public goods. This Snapshot voting allows token holders to participate in the platform's governance without incurring gas fees, facilitating greater transparency and engagement.

PROOF OF RESERVE

Responsible Reserve Management:

- Kroncash maintains a reserve of at least 20% of the Kronlets' value in Kroncash, which aligns with financial prudence and helps ensure stability. Eventually we will get to 200% overcollateralization.

- The platform also allocates at least 10% of the Kroncash supply to liquidity, further supporting the stability and sustainability of the ecosystem.

RUG-PROOF

Kroncash developers will not withdraw more than 5% of their tokens in the first 8 months of the project.

This token withdrawal restriction is a measure implemented by Kroncash to prevent the developer from engaging in a "rug pull" or abruptly abandoning the project and making off with investor funds.

REVENUE FROM TRUST

- Kroncash has a profit-sharing mechanism and performance-based rewards for the Kroncash Research Group, aligning their interests with the long-term success of the platform.

- Kroncash's focus on robust reserve management and verification processes helps to prevent fraud and instill trust in the ecosystem.
- By ensuring the integrity of the Kronlet token through these anti-fraud measures, Kroncash can attract more users and investors, generating greater profitability for the platform.

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