Crypto.com (Monaco) is currently giving 5.27 CRO monthly airdrop for every 1 MCO held/stake in MCO app for up to 5 years around 55 more airdrops. The airdrop CRO remains locked for 12 months. This means that MCO needs to be staked for 6 years to receive the full allotment of CRO. (Note that this airdrop is available only for certain jurisdiction)
https://medium.com/@Crypto.com/crypto-com-announces-new-public-chain-with-airdrop-to-mco-token-holders-b272e76a8369
Based on today's pricing, this means
100 MCO ~ $425 will give 527 CRO ~ $40/= monthly
A week ago, 527 CRO was ~ $25/-
This was my notepad calculation...
On paper, this looks very attractive, 10% returns/mth? Will MCO/CRO be able to hold its value after the staking period? Only time will tell...
But MCO(https://crypto.com/en/index.html) has been steadily delivering their promises...
- increasing the cashback from the prepaid Visa,
- added rebates for Netflix, Spotify
- adding additional cryptos to the in wallet exchange. $ENJ.
Looks like it is resuming its slow steady climb back to $25 and beyond...
