Team & Founders

Veno Finance is backed by a Cronos ecosystem-focused team specialized in node infrastructure and security. The founding team has extensive experience in enterprise-level node operations. The project follows a vertically integrated model, ensuring long-term reliability and low-cost advantages. 

Ecosystem & Partnerships

Veno Finance has strategic partnerships to enhance the usage of its liquid staking tokens: 

• DeFi Protocols: Integration with VVS Finance, Ferro, Tectonic, SyncSwap, Maverick, and Single Finance for liquidity pools and farming with LCRO, LATOM, LTIA, and LETH. 
• NFT Marketplaces: Minted and Ebisu’s Bay allow NFT trading during unstaking. 
• Other Projects: Ecosystem integrations with Cronos ID, Candy City, PUN, and Kaching expand utility. 

Project Idea

Veno Finance aims to: 

• Remove long wait times and validator management from traditional staking, 
• Offer users liquid, auto-compounding tokens, 
• Maximize the use of these tokens within the ecosystem. 

How It Works 

• Users stake CRO, ATOM, TIA, or ETH. 
• They receive a liquid token (e.g., LCRO, LATOM, LTIA, LETH) with auto-compounding rewards. 
• When unstaking, users get an NFT representing their stake, which can be sold or held until the original token is redeemed. 

Governance

• Veno’s governance token is VNO. Users can: 
• Stake VNO in vaults like Reservoir and Fountain for extra rewards, 
• Participate in voting and incentive mechanisms, 
• Benefit from the Buyback & Burn program to reduce supply. 

Roadmap Highlights 

• 2024 Q3: LETH launch on zkSync Era 
• 2024 Q4: vETH, vUSD, zkCRO yield products 
• 2025: More cross-chain integrations, new liquid staking tokens, ecosystem expansion 

Token Utility 

• Staking Incentives: Earn extra rewards via Reservoir/Fountain 
• Governance: Participate in votes 
• Liquidity Incentives: Additional APY in pools 
• Buyback & Burn Program: Deflationary mechanism 

Token Details 

• Token Name: Veno Finance (VNO) 
• Total Supply: 2,000,000,000 VNO 
• Circulating Supply: 474.51M VNO 
• Max Supply: 2B VNO 

Token Distribution 

• Ecosystem Reserve: 20% (60,000,000 VNO) 
• Listing Reserve: 40% (120,000,000 VNO) 
• Staking Incentives: 25% (75,000,000 VNO) 
• Liquidity Management & Incentives: 15% (45,000,000 VNO) 

Ecosystem & Integrations 

• Cronos ID integration 
• Swap & farming via Ferro Protocol 
• NFT liquidity on Minted Network 
• Liquidity provision on zkSync Era via SyncSwap and Maverick 

Supported Assets & Yields 

• CRO (Cronos PoS): TVL $91.57M, APY 6.38% → LCRO 
• ATOM (Cronos): TVL $179.96K, APY 20.59% → LATOM 
• ETH (zkSync Era): TVL $98.52K → LETH 
• TIA (Cronos): TVL $8.20K, APY 9.39% → LTIA 

Key Features 

• Liquid staking NFTs for liquidity during waiting periods 
• Auto-compounding for optimized passive income 
• Deflationary Buyback & Burn program 
• Low fees (0.2% unstake) and high security 
• Multi-chain support (Cronos + zkSync Era) 

Roadmap Phases 

• Phase 1: CRO staking/unstaking, LCRO integration, NFT liquidity 
• Phase 2: VNO launch, Reservoir/Fountain/Garden, UI/UX improvements 
• Phase 3: Validator expansion, NFT integration, cross-chain bridging 
• Future: Additional token staking, one-click strategies, analytics dashboard, improved liquidity & unstake experience 

Social & Links 

• Website
• Twitter
• Discord

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