Veno Finance Stock

Veno Finance

Price
0.01 USD
Today +/-
-0.00 USD
Today %
-5.67 %
Market Cap
$2.49M
24h Volume
$39.3K
Vol/MCap: 0.0158
Fully Diluted Valuation
$10.48M
Circulating Supply
474.51M VNO
24%Max: 2.00B
24h Range
$0.004954
$0.005267
All-Time Range
$0.004936
$0.5438

DeFi Analytics

Veno Finance (Liquid Staking)
TVL
$46.96M
-0.09% (24h)
Daily Fees
$4.3K
Daily Revenue
$0.00
TVL (90d)
Chains
CronosEthereumCronos zkEVMzkSync Era
ExchangeMarket PairPrice+2% Depth-2% DepthVolume (24H)Volume %TypeLiquidity RatingLast Updated
GateVNO/USDT0.013.997.5388,092.850cex47/9/2025, 4:23 AM
Crypto.com ExchangeVNO/USD0.018,851.678,461.8820,471.010cex2567/9/2025, 4:21 AM

Veno Finance FAQ

{ "q": "about", "a": "Veno Finance is a liquid staking protocol enabling users to stake their CRO and receive LCRO, an auto-compounding, yield-bearing token. The LCRO token is engineered to enhance composability. Simply by holding LCRO, holders automatically accumulate the CRO staking yield value, allowing LCRO to be freely utilized within the Cronos DeFi ecosystem. Veno’s liquid staking token LCRO provides the most comprehensive, cost-effective, and reliable method for utilizing staked CRO.\n\n**Why Choose Veno?**\n\nWe operate as a vertically integrated liquid staking protocol, optimizing the reliability and efficiency of our service while offering a competitively priced service over the long term:\n\n- Cost savings are achieved through the utilization of our own node infrastructure and/or that of our partners.\n- Reliability is ensured with our enterprise-grade node setup and extensive expertise in operating node infrastructure.\n- An insurance module is in place to safeguard user funds in the unlikely event of a slashing penalty.\n\nOur objective is to maximize the adoption and utility of our tokens across the ecosystem by collaborating with leading ecosystem partners:\n\n- We strive to enhance the liquidity of LCRO within and beyond the Cronos Ecosystem, attracting substantial capital and achieving minimal spread through our high reliability and low-fee commitments.\n- LCRO is an auto-compounding yield-bearing token, designed to maximize composability.\n- We offer the potential to further increase user liquidity by issuing a tradable NFT once a user unstakes their CRO.\n\nVNO, the native token of Veno, is actively used across the Cronos Ecosystem with various applications, including participation in rewards and boost farming. For instance, users can deposit VNO into different vaults within Reservoir or Fountain to earn additional yields.", "rank": "0" }

Veno Finance is a decentralized finance platform that revolutionizes the staking process by enabling users to stake their tokens while receiving liquid tokens in return. This innovative mechanism allows users to earn additional rewards through partner protocols. Operating within the Cronos Ecosystem, Veno Finance offers staking and yield-bearing options aimed at enhancing user engagement and profitability. Central to Veno Finance is its native token, VNO, which provides utility, rewards, and liquidity. Users can deposit VNO into various vaults on the platform, such as Reservoir or Fountain, to earn additional yields. This token is integral to the ecosystem, supporting reward participation and boost farming. A notable feature of Veno Finance is its liquid staking protocol, where users can stake their CRO and receive LCRO, an auto-compounding, yield-bearing receipt token. LCRO enhances composability, enabling users to automatically accrue CRO staking yield value. This token can be freely utilized within the Cronos DeFi ecosystem, increasing liquidity and user flexibility. Veno Finance prioritizes cost efficiency and reliability by leveraging its own node infrastructure along with that of its partners. The enterprise-grade node setup ensures high reliability, while an insurance module safeguards user funds against slashing penalties. The platform strives to maximize the adoption and utility of its tokens by collaborating with major ecosystem partners. LCRO, Veno’s liquid staking token, offers extensive, cost-effective, and reliable methods for utilizing staked CRO. Designed to maximize user liquidity, it features auto-compounding and the provision of tradeable NFTs following unstaking. This strategy attracts significant capital and maintains low spreads, underscoring Veno Finance's commitment to high reliability and minimal fees.

Investors interested in Veno Finance are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.