Argo is a liquid staking protocol built on the Cronos blockchain, designed to surface the value of staked CRO and improve how efficiently CRO is used within the Crypto.com ecosystem. CRO staking is often seen as an attractive, relatively low-risk way to earn yield on top of your CRO, with staked CRO offering users 10-12% APY. The drawback is that staked CRO is effectively locked and can’t be used by stakers. If users want to unstake their CRO, they must wait through a 28-days unbonding period before their CRO is available again. 

Liquid staking addresses this by enhancing capital efficiency without reducing network security. It works through the minting of bonded CRO ("bCRO"), a liquid staking token that reflects your staked CRO and can be used across the DeFi ecosystem on Cronos to help generate additional DeFi yields.

Argo DeFi Vaults are Cronos’ first one-click yield optimizer for single-sided staking CRO, enabling users to earn up to 25% more APR than they would from staking their CRO alone, thanks to an auto-compounding and auto-yield harvesting algorithm. 

Argo’s liquid staking module lets users earn CRO staking rewards on Cronos while also enabling the potential to earn DeFi rewards on top of that. Argo’s DeFi Vaults operate strategies meant to increase the CRO staking yields available to users who staked their CRO with Argo.

ARGO token is shaped by 5 guiding principles: