"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."
Where is Argo Finance available for purchase?
You can exchange ARGO tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Argo Finance is VVS Finance, notably the ARGO/USDC pair, which saw a trading volume of $ 335.75 in the past day.
What is the highest value Argo Finance (ARGO) has ever reached?
Argo Finance (ARGO) reached its peak price at 0.03434 $ on 01 June 2022, approximately 2 years ago ago. Presently, the current price is -98.32% lower than this all-time high.
What is the historical minimum price for Argo Finance (ARGO)?
The minimum price reached for Argo Finance (ARGO) was 0.0005276 $, documented on 11 August 2024, more than a month ago. In comparison, the current price is 9.01%, it above this historical low.
What is the fully diluted valuation of Argo Finance (ARGO)?
The fully diluted valuation (FDV) of Argo Finance (ARGO) stands at $ 575,190. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ARGO tokens. The realization of this FDV might take several years depending on the emission schedule of ARGO tokens.