Veno Finance VNO

1. Summary

Ranks

Liquidity

82

Developer

-

Social

56

Momentum (beta)

6

Stack Rank™

-

Price

$0.04 +7.2%

Market Cap

$19.94M (#1292)

Supply

484.52M / 1.85B

Tags

Cronos Ecosystem Liquid Staking Governance Tokens

More Metrics

Price
52W High price	$0.17
52W High date	5th Jan 2024 (11 months ago)
All Time High (ATH) Date	8th Feb 2023 (1 year ago)
ATH Price	$0.52
% From ATH	-93.76%
All Time Low (ATL) Date	22nd Jul 2024 (4 months ago)
ATL Price	$0.03
% From ATL	0.83%

Supply & Trading Volume
Trading Volume (24h)	$16,775.00
Total Supply	1.85B
Max Supply	2.00B
Circulating Supply	484.52M

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Description

Veno is a liquid staking protocol that lets users stake their CRO tokens and receive LCRO, an auto-compounding yield-bearing receipt token that accrues the CRO staking yield value. Users can use LCRO freely throughout the Cronos DeFi ecosystem. To reduce costs and maximize reliability, Veno uses its own node infrastructure and partners' infrastruct...

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Veno is a liquid staking protocol that lets users stake their CRO tokens and receive LCRO, an auto-compounding yield-bearing receipt token that accrues the CRO staking yield value. Users can use LCRO freely throughout the Cronos DeFi ecosystem. To reduce costs and maximize reliability, Veno uses its own node infrastructure and partners' infrastructure, ensuring service efficiency. The protocol also has an insurance module to protect user funds from potential slashing penalties. Veno aims to enhance the adoption and utility of its tokens across the ecosystem, with plans to increase LCRO liquidity, attract more capital, and maintain low fees. Veno users can increase their liquidity by trading NFTs after unstaking their CRO.

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