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Veno Finance is the latest liquid staking protocol that now supports CRO and ATOM staking. We have partnered with Veno to launch two pools on our protocol: LCRO-CRO pool and LATOM-ATOM pool.
On Veno Finance, you can stake your CRO and receive the yield-bearing receipt token LCRO that accrues the CRO staking yield value and compound automatically.
When you unstake your CRO on Veno, it will undergo a 28-day unbonding period. As unstakes are processed a 4-day batches, the total unstaking time might go up to 32 days.
With the LCRO-CRO pool on our protocol, you can now swap your LCRO to CRO immediately at low slippage and fees. You can also provide liquidity to the pool to earn swap fees.
Visit the pool and add your liquidity now: https://ferroprotocol.com/#/pools/lcro/deposit
Similar to the LCRO-CRO pool, you can stake your ATOM and receive the yield-bearing receipt token LATOM that accrues the ATOM staking yield value and compound automatically.
For those who want to swap out of LATOM instead of undergoing the 28-day unbonding period, you can now do it via the LATOM-ATOM pool on Ferro at low slippage and fees.
If you hold ATOM and LATOM in your wallet, you can also provide them as liquidity to our pool and stake your LP tokens to earn swap fees and $FER emission from the pool.
Starting from Mar 2, 2023, if you’re a LCRO-CRO or LATOM-ATOM pool LP token holder, you can deposit your LP tokens at Veno Garden - the latest addition to Veno Finance that allows you to enjoy high APY of $VNO rewards and more features offered by Veno Finance!
We will carry on with the $FER emission of both pools. As liquidity providers of the LCRO-CRO and LATOM-ATOM pool, you will continue to earn both swap fees and $FER incentives from this pool. You are also free to choose where to deposit your LP tokens, and how to allocate the LP tokens between the two protocols.
Learn more about Veno Finance here: https://veno-finance.gitbook.io/veno-finance/
Orby Network is the latest crypto lending protocol that offers interest-free borrowing of USC, Orby’s native stablecoin. USC is a decentralised, overcollateralised stablecoin soft-pegged to the US dollar and is designed to function as a store of value, a unit of exchange, and a unit of account.
Borrowing USC enables users to access liquidity via a stablecoin on their holdings — allowing users to hold on to their assets as they potentially appreciate in value, while being able to utilise USC to participate in other ecosystem activities.
On Orby Network, you can deposit multiple types of collateral to borrow (i.e. mint) USC interest-free and use in within the Cronos ecosystem.
Note: Currently Orby only supports $CDCETH as collateral
If you hold USC in your wallet, you can provide them as liquidity to our pool and stake your LP tokens to earn swap fees and $FER emission from the pool.