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Veno Garden is a new addition to Veno Finance. The goal of the Garden is to enable our community to participate in the Veno ecosystem and earn more rewards from using LCRO and VNO. This feature allows you to deploy your LCRO and VNO onto partner protocols directly from the Veno App. With that, you can earn additional rewards by planting your LP and tTokens in the Veno Garden.
If you wish to enjoy a higher APY in Veno Garden, you can also lock your VNO in the Fountain or Reservoir and receive a “watering” boost on your Garden earnings. In a later update, you will be able employ helpers to grow your garden by staking your NFTs to further increase the yield.
Watering allows you to boost your VNO earnings for all gardens, which is done by locking VNO into the Fountain and Reservoir. The more VNO locked and the longer the period, the larger the boost you will receive on all your gardens.
VNO requirements illustrated for each watering boost multiplier, if locked exclusively for a single period .
In the Veno garden you have been able to plant, grow and harvest, earning you VNO rewards. Helpers will elevate the growing game to the next level. If you want to boost your garden earnings they can hire up to 5 helpers on each garden. Each hired helper will help to grow the garden and boost its rewards.
A helper can be any NFT from our partnership collections. When you hire a helper, the NFT will be transferred from your wallet to the garden. Meaning the NFT cannot be used in the meantime. But you are able to fire your helper at any time to receive back the NFT into your wallet.
See the tables below on how much boost each helper provides based on their Rarity and Tier.
How is the garden boost calculated?
The total boost multiplier applied to your specific garden is Watering Boost + Helper Boost. The total maximum boost that can be achieved is capped at 2.0x. For example on the Tectonic Garden, you have an active watering boost of 1.15x the following helpers employed:
- Rare Cronos Cruiser: +0.0525x
- Boomer Squad: +0.05x
Providing a total active helper boost of +0.1025x. The helper boost is added on to the watering boost, bringing the garden’s total boost to 1.2525x.
How can I use helpers?