The liquidity staking protocol Veno Finance of Cronos has launched a native ETH liquidity staking protocol on zkSync

2024-01-10 18:10:59
Collection

ChainCatcher news, Cronos's liquid staking protocol Veno Finance has announced its launch on zkSync Era. When zkSync Era users natively stake ETH, they will receive an equivalent amount of LETH tokens and can also earn additional yields using its DeFi protocol.

It is reported that Veno Finance is a liquid staking protocol on the Cronos chain, recently launched on zkSync Era, aiming to achieve cost savings by leveraging its own node infrastructure and/or partner node infrastructure. Veno enables its users to stake their $CRO, $ATOM, or $ETH, and receive automatically compounded, yield-generating receipt tokens $LCRO, $LATOM, or $LETH on each chain respectively.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators