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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  1. Protocol

Staking APY

The Staking APY displayed on Veno is calculated based on the increase of the exchange rate from CRO to LCRO in the last 24 hours compounded daily.

Using the change in the LCRO exchange rate as the base for the Staking APY means that it reflects the real earnings from holding LCRO and that users do not have to think about validator commission or protocol fees.

At launch, Veno will be using the change in the LCRO exchange rate over the last 24 hours. When more data is available, this will be switched to the last 7 days instead. This aims to provide a more consistent APY estimate.

Staking APY of ATOM, TIA, and ETH is calculated in a similar manner.

Additionally, at launch the Staking APY is calculated from a daily compounding rate, however in reality Veno compounds much more frequently than that. After gathering enough data, the calculation will be switched to a compounding rate that better reflects Veno’s real compounding rate. We err on the side of caution to advertise realistic returns to users.

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Last updated 11 months ago