Liquid staking allows holders of tokens to stake their assets while having a derivative or liquid representation of that asset that they can use in other dApps.
Is there any minimum stake requirement or term for CRO Staking?
No there is no minimum stake requirement or minimum term
What is the APY for staking with Argo?
APY by staking with Argo will be similar to staking with a normal crypto.org validator: 10-12% APY, less 10% protocol commissions.
However, we provide the benefit of having a liquid staking token that can be used in other dApps across the Cronos ecosystem to earn even more APY.
What is bCRO?
bCRO is a liquid, tokenized representation of the staker’s staked CRO. bCRO enables stakers to gain liquidity over their staked CRO and enables the locked value of the staked CRO to be utilized across decentralized finance applications across Cronos.
In addition to the already mentioned benefits, our team consists of DeFi natives and BUIDLers who are here for the long run to contribute to the growth of Cronos and the overall DeFi ecosystem.
We are designed in a way that when you our community wins, we win as well. Our interests are your best interests.
Argo can only mint bCRO when you stake CRO with us, and burn bCRO only when you unstake CRO. As a result, any bCRO in circulation is always backed minimally by 1 CRO, in addition to the staking rewards accrued to the contract over time.
Argo is currently being audited and we will release more details once everything has been confirmed.
We're constantly improving the safety of our code and are planning several other audits to reinforce our protocol's security.
Any IDO? Token Sale?
We will be looking to partner with a launchpad for a public token sale. More details to be released.
Any Airdrops?
There will be plans for airdrops, but in a more unique format that benefits both the protocol and supporters of Argo. More information outlined in the following section:
