Cronos FAQ

Cronos is a high-performance blockchain network designed to offer scalability and interoperability for decentralized applications (dApps) and financial services. Developed by Crypto.com, it operates as an Ethereum Virtual Machine (EVM)-compatible chain, allowing developers to seamlessly deploy Ethereum-based projects. Cronos leverages a consensus mechanism known as Proof-of-Authority (PoA) to ensure fast transaction processing and low fees while maintaining a secure and reliable environment. Its integration with the Crypto.com ecosystem enhances its utility for various DeFi applications and NFT projects, aiming to bridge the gap between different blockchain networks and facilitate greater user adoption in the decentralized finance space.

Cronos offers a robust platform for staking, allowing users to earn rewards by participating in network security and consensus. As an Ethereum Virtual Machine (EVM)-compatible blockchain developed by Crypto.com, Cronos provides an efficient staking mechanism with fast transaction speeds and low fees. By staking CRO, the native token of the Cronos chain, users help validate transactions and secure the network while earning staking rewards. The streamlined process and integration with the broader Crypto.com ecosystem make Cronos an attractive choice for both new and experienced stakers looking to contribute to blockchain governance and benefit from passive income opportunities.

BCW Technologies (BCWT) provides a versatile set of critical solutions geared towards expanding the capabilities of its Infrastructure-as-a-Service (IaaS) platform. BCWT serves as a research and development hub under BCW Group for early-stage products and provides technology advisory. BCWT operates a wide range of Web3 network nodes spanning validators, zk provers, RPCs, bridges, relayers, and oracles to provide on-chain data sources for financial institutions, academic institutions, and a wide range of web3 products and services.

When you delegate $CRO with BCW Technologies, you’re selecting a partner with unparalleled expertise and reliability in blockchain staking. We offer:

• DLT Network Specialists: Your staking is managed by professionals with extensive blockchain expertise.
• High Availability: We ensure uninterrupted staking with consistently high uptimes, even during peak network activity.
• Global Coverage: Our infrastructure spans the globe, providing reliable coverage worldwide.
• Security: With top-tier security across multiple cloud providers and boutique data centers, staking with BCW means you leverage our decades of experience in infrastructure security.

For institutional stakers, BCWT offers advanced downstream services, enabling you to provide $CRO staking options to your customers. By partnering with us, you ensure a robust, secure, and reliable staking experience backed by industry experts.

The fee percentage for staking $CRO with BCW Technology validators is currently 1%. Stay tuned for more details, and we will ensure that all stakers are kept up-to-date with the latest information.

The output of rewards from $CRO itself is based on the number of additional stakers and validators on the network.

There is no minimum amount of $CRO tokens required to stake with BCW Technologies; however, the amount you stake should be sufficient to cover the network fees associated with the transaction.

Simply by bonding $CRO tokens to our validator, you have nominated BCW Technologies’ validators for rewards.

You can visit the Cronos POS Chain Explorer to check out our validator profile and delegate to our node.

Currently there is no minimum time commitment. Any updates will be circulated to the delegators.

With years of experience running validator nodes on a wide range of Web3 networks, BCW Technologies operates and supports 60+ different networks, bringing expertise, awareness, and active participation

For more information, please visit https://www.bcw.group/technologies/#validation-and-staking