Mining & Pre-Auction

mine

How Mining Works

• Each cronut has exactly one owner at any time.

• While you own a cronut, you continuously accrue unrefined $CRONUT based on that mining rate .

• To take a cronut from someone else, you pay the current auction price and become the new owner instantly.

Pre-Auction Mining Phase

Cronut Pre-mine begins 24 hours before listing on Raydium.

During Pre-mine, users can bid, own Cronut cake (3×3 grid), and mine $CRONUT, but tokens are not claimable yet until the moment $CRONUT is listed.

This phase is designed to:

• Bootstrap early competition and price discovery

• Accumulate protocol capital for listing support

• Reward early participants

Auction Split During Pre-mine

Pre-mine uses an auction routing:

• 85% → Previous Owner.

• 15% → Accumulating in the pre-auction pool to be added to liquidity pool.