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Veno Staked TIA (LTIA) operates within the innovative landscape of liquid staking, facilitating users to connect their wallets to the Cronos zkEVM Mainnet, which is now live. This platform allows participants to explore various missions, gather points, and claim rewards, all while engaging in a simplified and secure staking process. Users can leverage higher returns by leveraging an enhanced annual percentage yield (APY) through partnerships within the Veno ecosystem, promoting a unique and rewarding staking experience.
With a significant total value locked exceeding $775,000 and over 17,000 stakers already participating, Veno Staked TIA supports multiple cryptocurrencies including CRO, ATOM, ETH, and TIA. Participants can stake CRO on the Cronos Proof of Stake (POS) network, earning rewards from Cronos POS validators, and in return, they receive liquid CRO tokens (LCRO). This novel approach allows for flexibility and accessibility in the staking process, enabling users to engage seamlessly with the blockchain ecosystem.
The protocol token of Veno, VNO, underscores its functionality and utility, providing stakers with additional rewards. By locking VNO in its Reservoir, users can receive real yields in ATOM and WCRO and earn extra VNO when deposited in the Fountain. The Veno platform is built on a solid security foundation, supported by an experienced team and enterprise-grade infrastructure, and aims to maximize performance and safety while minimizing costs. Community engagement, comprehensive documentation, and a user-friendly dashboard further enhance the overall user experience.
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