Validated

Veno Finance

DeFi • Staking

Liquid staking protocols on Cronos and zkSync Er

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Veno Finance is nice and user friendly liquid staking protocol on Cronos chain. Basically you stake your $CRO on Cronos with Veno to earn rewards from Cronos PoS validators and obtain in return a liquid token $LCRO. The same you can do with $ATOM to earn from CosmosHub Validators, obtaining the liquid token $LATOM. Veno has good partnerships on the Cronos blockchain with which to use liquid tokens, to increase yield. Unstaking is easy, you also get a sellable NFT, representing your unstake amount, that could be listed on marketplaces, instead of waiting for the unbound period. Def a good dAPP, and a nice user experience, with a lot of self explanatory documentation. Team is always reactive through their CMs on Discord.