Veno Finance VNO

1. Summary

Ranks

Liquidity

81

Developer

-

Social

56

Momentum (beta)

37

Stack Rank™

-

Price

$0.13 -0.9%

Market Cap

$64.50M (#585)

Supply

474.28M / 1.84B

Tags

Cronos Ecosystem Liquid Staking Governance Tokens

More Metrics

Price
52W High price	$0.24
52W High date	15th Mar 2023 (1 year ago)
All Time High (ATH) Date	8th Feb 2023 (1 year ago)
ATH Price	$0.52
% From ATH	-71.89%
All Time Low (ATL) Date	23rd Sep 2023 (6 months ago)
ATL Price	$0.09
% From ATL	63.03%

Supply & Trading Volume
Trading Volume (24h)	$43,015.00
Total Supply	1.84B
Max Supply	2.00B
Circulating Supply	474.28M

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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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