🤝Introduction

Crocodile Finance is a multi-DEX yield optimizer on Avalanche. It supports Pharaoh Exchange & Blackhole, leveraging the ve(3,3) flywheel. The company was founded by a team of passionate OGs from the Tomb fork community on Fantom, initially with Snake Finance on Sonic.

Our treasury will strategically invest in these areas, creating new utilities for the $CROC token and driving long-term value for our ecosystem. This multi-faceted approach ensures that $CROC remains relevant and resilient in the ever-changing DeFi landscape.

Why Peg to $AVAX?

Unlike traditional algorithmic tokens pegged to stablecoins, $CROC is pegged to $AVAX, the core asset of the Avalanche network. This alignment reflects our belief in Avalanche's and its ecosystem's long-term growth and potential.

By pegging $CROC to $AVAX, we aim to create a highly liquid, mirrored asset that benefits from the growth and adoption of the Avalanche network.

Enhancing Utility and Use Cases

One of the main challenges faced by algorithmic tokens in the past was a lack of meaningful use cases. Crocodile Finance addresses this by focusing on continuous innovation and integration within the Avalanche ecosystem. $CROC is designed not just to maintain its peg but also to provide expanded functionality and utility within Avalanche's growing suite of DeFi protocols.

Our optimism about the future of Pharaoh, Blackhole and the broader Avalanche ecosystem is reflected in the design and mission of Crocodile Finance. With $CROC at the core, we are excited to contribute to the success of Avalanche and offer new opportunities to its users.