Liquid CRO

Liquid CRO

LCRO
Token Watch

Project Safety Score: 18%

Updated 3 weeks, 2 days ago
Liquid CROLCRO
24hr Volume$170301
24hr Change5.4%
Price$0.098505
Coverage: 5 buckets · 60% resolved
Concerns raised - see Red Flags below
Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social
Liquidity
& Market
23 D
67% · medium
Team
Credibility
-
0% · low
Social
Behavioral
22 D
33% · low
Contract
Mechanics
5 F
20% · medium
Holder
Distribution
-
0% · low

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LCRO Liquid CRO Details
Cronos Ecosystem

Veno is a liquid staking protocol where you can stake your CRO and receive the auto-compounding, yield-bearing receipt token LCRO. The LCRO token is designed to maximize composability. Just by owning LCRO, you automatically accrue the CRO staking yield value in your LCRO token; LCRO can thus be used freely across the Cronos DeFi ecosystem.

Veno’s liquid staking token LCRO offers the most extensive, lowest cost, and most reliable method of utilizing your staked CRO.

We are a vertically integrated liquid staking protocol, maximizing the reliability and efficiency of our service; allowing us to provide a price-competitive service in the long term;

- Cost savings are achieved by leveraging our own node infrastructure and/or infrastructure of our partners
- Reliability is achieved with our enterprise-grade node set-up and deep expertise in running node infrastructure
- We also have an insurance module that will help to secure user funds in the unlikely event of a slashing penalty

We will aim to maximize the adoption and utility of our tokens across the ecosystem, and we are working with some of the largest ecosystem partners to make this happen;

- We want to maximize the liquidity of LCRO in the Cronos Ecosystem and beyond, attracting the largest amount of capital, and attaining the lowest spread, with our high reliability and low-fee promises
- LCRO is an auto-compounding yield-bearing token to maximize composability
- We can further maximize user liquidity by providing a tradeable NFT “IOU” after user unstakes their CRO

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Price Chart

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57%
Profile Status
Data completeness
Some data missing
Medium confidence

Market Stats

All-Time High$0.46
All-Time Low$0.0514
Total Supply16314057