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Veno Finance (VNO) is a cryptocurrency that offers a simple and secure liquid staking solution. Veno Finance’s user-friendly dashboard allows users to stake and unstake their tokens easily. Users can participate in Veno’s liquid staking process by connecting their wallets and earning rewards. Veno Finance also allows boosting the annual percentage yield (APY) by partnering with ecosystem partners.
Veno Finance supports multiple coins, including CRO and ATOM. Users can stake their CRO on Cronos, earning rewards from crypto.org validators and receiving LCRO in return. Likewise, users can stake their ATOM on Cronos and earn ATOM rewards from CosmosHub Validators, receiving LATOM in return. Veno Finance operates on the principle of staking and receiving liquid tokens in return, which can be used across partner protocols for additional rewards. Tokens can be redeemed by unstaking after the unbonding period, and users receive an NFT during this waiting period, which can be exchanged for their tokens later.
The protocol token of Veno Finance is VNO, which has various utilities within the ecosystem. Users can lock VNO in the Reservoir to receive real yield ATOM and WCRO rewards earned by Veno. Additionally, depositing VNO in the Fountain allows users to earn extra VNO. Providing liquidity on Ferro and Tectonic platforms also offers the opportunity to receive VNO from the Veno Garden. Veno Finance assures users of its security through an experienced team and enterprise-grade staking infrastructure. The protocol has undergone audits to ensure the highest performance and security. Users can join the community and access the provided documentation to get involved with Veno Finance.
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