Veno Finance

VNO Price

What is Veno Finance about?

Veno Finance is a liquid staking protocol that allows users to stake their CRO and receive LCRO, an auto-compounding, yield-bearing receipt token. LCRO is designed to maximize composability, automatically accruing staking yield value, and can be freely used across the Cronos DeFi ecosystem.

What makes Veno Finance unique?

Veno Finance stands out as a vertically integrated liquid staking protocol, offering cost savings, reliability, and an insurance module to secure user funds against slashing penalties. By leveraging its own node infrastructure and that of its partners, Veno achieves enterprise-grade reliability and efficiency, providing a price-competitive service.

What's next for Veno Finance?

Veno aims to maximize the adoption and utility of LCRO across the Cronos Ecosystem and beyond. The protocol is working with major ecosystem partners to enhance liquidity, attract capital, and reduce spreads. Additionally, Veno plans to offer a tradeable NFT upon unstaking CRO to further maximize user liquidity.

What can Veno Finance be used for?

Veno Finance can be used for liquid staking of CRO, providing users with the LCRO token that offers auto-compounding yields. LCRO can be utilized across various DeFi applications within the Cronos ecosystem, enhancing composability and liquidity.

Where can you buy Veno Finance?

VNO tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Veno Finance is VVS Finance, where the most active trading pair VNO/WCRO has a trading volume of $246.49 in the last 24 hours. Other popular options include Crypto.com Exchange and SyncSwap (zkSync).

What is the daily trading volume of Veno Finance (VNO)?

The trading volume of Veno Finance (VNO) is $595.20 in the last 24 hours, representing a -58.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Veno Finance (VNO)?

Veno Finance (VNO) reached an all-time high of $0.5217 and an all-time low of $0.002601. It’s now trading -99.50% below that peak and 5.70% above its lowest price.

What is the market cap of Veno Finance (VNO)?

Market capitalization of Veno Finance (VNO) is $1,465,103 and is ranked #2639 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VNO tokens (530 Million tokens are tradable on the market today).

What is the fully diluted valuation of Veno Finance (VNO)?

The fully diluted valuation (FDV) of Veno Finance (VNO) is $5,258,668. This is a statistical representation of the maximum market cap, assuming the maximum number of 2 Billion VNO tokens are in circulation today. Depending on how the emission schedule of VNO tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Veno Finance compare against its peers?

With a price decline of -11.50% in the last 7 days, Veno Finance (VNO) is underperforming the global cryptocurrency market which is down -4.00%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are down -4.20%.