Veno Finance
  • Veno Finance
  • Introduction
  • Veno
    • Litepaper
    • Roadmap
    • Tokenomics
  • Protocol
    • Liquid CRO Staking
    • Liquid ATOM Staking
    • Liquid TIA Staking
    • Liquid ETH Staking
    • Reservoir
    • Fountain
      • Early Withdrawal
    • Veno Garden
    • CRO Liquidity Strategy
    • Staking APY
    • Dashboard
    • Fees & Rewards
    • VNO Buyback & Burn Program
    • Our Ecosystem
    • Drought Events
    • Security & Audits
    • Validator Nodes
  • User Guide
    • Liquid Staking
      • How to stake
      • How to unstake
      • How to use LCRO/LATOM on Ferro to earn rewards
      • How to claim tokens from NFT
    • Earning with Veno
      • How to earn with the Reservoir
      • How to earn with the Fountain
      • How to earn with Veno Garden
        • Ferro Garden
        • VVS Garden
        • Tectonic Garden
        • How to hire & fire helpers
    • Fountain - Early Withdrawal
      • How to withdraw early in Fountain?
      • How to claim Fountain Penalty Fees?
    • How to stake CRO to Veno on Crypto.com OnChain?
    • How to buy CRO with fiat
    • Learn with Veno
  • Additional
    • Team Wallets
    • Contract Addresses
    • Developers Resources
    • Risk Disclosure
    • Brand Guideline
    • Community
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  • CRO Staking
  • CRO Unstaking
  1. Protocol

Liquid CRO Staking

CRO Staking

Users can stake their CRO here to receive LCRO based on the latest internal exchange rate. Veno will bridge users' CRO from Cronos chain to Cronos PoS, which will be staked and auto-compounded on Veno’s validator(s).

CRO Unstaking

Users can also unstake their CRO on Veno, upon which their LCRO will be burnt, and wait up to 32 days to receive their CRO back, based on the exchange rate. There will also be a small withdrawal fee of 0.2% on unstaked CRO. Note: CRO takes 28 days to unstake on Cronos PoS chain, and unstaking will be performed in batches every 4 days, hence the maximum wait time of up to 32 days.

Upon requesting to unstake their CRO, users will receive an NFT representing their claimable CRO as of a specific date, which can be transferred/sold on selected third party NFT platforms during or after the 28-32 day waiting period to further enhance users’ liquidity. Note: The unstaked CRO will be claimable for the NFT owner at the end of the waiting period, hence do keep the NFT for yourself if you wish to receive the unstaked CRO.

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Last updated 1 year ago