Argo Finance
ARGO

$0.00078422

1.05%
  • Market Cap
    N/A
  • 24 Hour Trading Vol
    $1,760.712
  • Fully Diluted Valuation
    $784,220.885
  • Circulating Supply
    N/A
  • Total Supply
    1,000,000,000
  • Max Supply
    1,000,000,000
Argo Finance
Argo is the premier liquid staking protocol built on top of the Cronos blockchain that aims to unlock the value of all staked CRO
Socials
Category
DeFi
Argo Finance Converter
ARGO
1 ARGO = $0.00078422
ARGO Statistics
  • Argo Finance Price
    $0.00078422
  • Trading Volume
    $1,760.712
  • Market Cap
    $0
Argo Finance Price Chart (ARGO)

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24h
7d
30d
3M
1Y
YTD
+1.05%
+18.25%
+5.64%
-18.81%
-76.28%
-11.73%
About Argo Finance

Argo is the premier liquid staking protocol built on top of the Cronos blockchain that aims to unlock the value of all staked CRO and maximize the capital efficiency of CRO across the Crypto.com ecosystem. CRO staking has been a very attractive and low-risk way of earning yields on top of your CRO holdings, offering users 10-12% APY on staked CRO. However, staked CRO are essentially locked up and inaccessible to stakers. Stakers who wish to unstake their CRO will have to wait for a 28-days unbonding period before their CRO becomes accessible again. 

CRO liquid staking, on the other hand, improves capital efficiency without compromising network security. This is made possible through the issuance of bonded CRO ("bCRO") which is a liquid staking derivative that represents your staked CRO and can be utilized across the DeFi ecosystem in Cronos to generate additional DeFi yields.

Argo DeFi Vaults is Cronos' first one-click yield optimizer for single-sided staking CRO and allows users to earn up to 25% more APR than simply staking their CRO due to the auto-compounding and auto-yield harvesting algorithm. 

Argo's liquid staking module made it possible for users to enjoy earning CRO staking yields on Cronos and opens up the possibility of earning DeFi yields on top of that. Argo's DeFi Vaults run strategies that aim to maximize the CRO staking yields earned by users who staked their CRO on Argo. 

ARGO token's design is guided by 5 key principles: 

Provides clear utility (and a redemption mechanism) for governance tokensStabilizes and grows the price of the governance tokenIncentivizes deposits of LPs effectively according to ecosystem needsPromotes sustainable growth in protocol wealthAlign incentives for long-term holders Vs. mercenary capital.
Argo Finance Markets
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