CROSS believes that $1 = $1
CROSS is an automated market-maker ("AMM") on the Cronos chain designed for low-slippage trading of stablecoins and other pegged assets.
The first fundamental and core liquidity product is the signature Stablecoin Cross Pool with a basket of three dollar-pegged stablecoins consisting of USDC, USDT, DAI. The protocol intends to establish additional metapools as other stablecoins accumulate liquidity depth such as BUSD, UST, MIM, etc., as well as pegged blue-chip pools such as BTC and ETH in collaborative efforts with cross-chain protocols.
In addition, being a stablecoin AMM is only the first step, and CROSS envisions building towards a Liquidity-as-a-Service protocol, where stablecoin stakers can enjoy high diversified risk-adjusted returns, single token stakers enjoy enhanced yields, and everyone wins with the improved liquidity depth of solid projects across the Cronos ecosystem.
CROSS is non-custodial, meaning the CROSS developers do not have access to your tokens.