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Veno Finance is fundamentally a liquid staking protocol that allows users to stake their cryptocurrencies to earn rewards while simultaneously receiving liquid tokens. These tokens can be utilised within partner protocols for additional gains, thereby enhancing the staking experience.
The project's architecture accommodates a diverse range of cryptocurrencies, including CRO, ATOM, ETH, and TIA. By facilitating staking on various networks like Cronos and zkSync Era, Veno Finance broadens the accessibility and versatility of staking options for its users.
The innovative design of Veno Finance not only facilitates staking but also auto-compounds the rewards earned, providing users with yield-bearing receipt tokens. This feature is particularly noteworthy as it maximises composability and utility, positioning Veno Finance as a refreshing option in the liquid staking space.