Veno Finance is a liquid staking protocol on the Cronos chain, where users can stake CRO and receive the auto-compounding, yield-bearing receipt token, LCRO. It aims to be a one-stop solution for CRO staking and enable a liquid form of CRO that is highly secure, with lower staking commissions and deep integration across the Cronos ecosystem.
VNO is the native token of Veno Finance that can be utilised across the ecosystem, including for reward participation and boosting farming. Users can deposit VNO in different vaults in the Reservoir or Fountain to earn additional yields.
Between now and 1 November, you have the chance to win an iPhone 15 Pro and a share of US$38,000 by trading VNO and CRO!
Campaign Period: 18 October 2023, 07:00 UTC – 1 November 2023, 00:00 UTC
Part 1: VNO Net Buy Race (US$8,000 Reward Pool)
The first 1,600 eligible users to perform at least US$10 worth of VNO Net Buys* will win US$5 of VNO each. Users must hold the Freshman Trader Badge or a higher rank to be eligible to win.
*‘Net Buys’ as stated herein shall mean the total US$ value of purchases and deposits of VNO, which can be expressed as follows: Net Buys (VNO) = Buys (VNO) + Deposits (VNO)
Part 2: CRO Net Buy Race (US$30,000 Reward Pool)
The first 3,000 eligible users to perform at least US$200 worth of CRO Net Buys** will win US$10 of VNO each. Users must hold the Junior Trader Badge or a higher rank to be eligible to win.
**‘Net Buys’ as stated herein shall mean the total US$ value of purchases and deposits of CRO, which can be expressed as follows: Net Buys (CRO) = Buys (CRO) + Deposits (CRO)
Part 3: Trading Competition
The top eligible user ranked by VNO or CRO Net Buys from Part 1 or Part 2 of the campaign will win an iPhone 15 Pro voucher.***
***The iPhone 15 Pro 128GB will be awarded as a voucher for the Apple Store worth US$999 (unless the price in the jurisdiction the winner is based in exceeds this amount, in which case the voucher amount shall be matched accordingly), which will be provided via an Apple Store Gift Card (‘Voucher’). The voucher is non-transferable and is subject to the Apple Store Terms and Conditions; it is provided independently and the campaign is not in partnership with Apple.
Participation in the campaign is strictly optional.
In addition to the following rules, please refer to the Limited Offer Official Rules for further rules regarding eligibility and participation in the campaign.
The VNO App Campaign is offered by Crypto.com to Crypto.com App users who have successfully completed the identification process and all other onboarding procedures specified in the Crypto.com App by the end of the campaign period.
Any trades that are executed through bad trading practices in Crypto.com’s absolute opinion, including but not limited to wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation (‘disqualified trades’), will not be counted towards the participant’s transaction volume.
Crypto.com will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Crypto.com.
The token rewards will be credited to the recipients’ Crypto.com App account in VNO or CRO tokens (as applicable) within 90 days after the campaign ends.
Recipients will be notified via email 14 days after the reward distribution is completed for confirmation.
The VNO/USD and CRO/USD exchange rate used to administer the campaign will be determined around the time of reward distribution at the sole discretion of Crypto.com. Please note that any mention of USD on our App is provided solely for user reference. The applicable USD exchange rate at any given time shall be determined solely by us in accordance with industry benchmarks.
Voucher, coupon code or gift card rewards are non-transferable and are subject to the relevant store’s Terms and Conditions, including, without limitation, terms regarding redeeming such reward. The Apple Store Gift Card is provided independently and the campaign is not in partnership with Apple.
Crypto.com reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion.
By participating in the VNO App Campaign, participants acknowledge having read the Global Marketing Privacy Notice of Crypto.com, which is published at https://crypto.com/privacy/marketing and understand that we may use their personal information for the purposes of assessing their eligibility to participate in the campaign, identity verification and reward redemption.
In the event of any dispute, Crypto.com reserves the right to make all final decisions regarding the campaign.
Nothing contained herein shall be construed to be financial advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy or sell any digital assets. Purchasing cryptocurrencies involves a high degree of risk and there is always the possibility of loss, including the loss of all or a substantial amount of your purchase price. Please seek professional advice before making any financial, investment, or trading decisions
