Protocol Information
VenomStake is a liquid staking platform on the Venom Blockchain that simplifies the process for users. It enables users to delegate their digital assets to a validator, who uses these to enhance and secure the network. By staking their assets, users gain rewards based on their contribution's amount and duration. VenomStake is dedicated to providing a secure and intuitive environment for managing staking activities and monitoring rewards.
Category:Liquid Staking
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubYields
Pools Tracked1
Average Supply APY7.94%
Frequently Asked Questions
What is VenomStake?
VenomStake is a liquid staking platform on the Venom Blockchain that simplifies the process for users. It enables users to delegate their digital assets to a validator, who uses these to enhance and secure the network. By staking their assets, users gain rewards based on their contribution's amount and duration. VenomStake is dedicated to providing a secure and intuitive environment for managing staking activities and monitoring rewards.
What is VenomStake's TVL?
VenomStake currently has $6.74m in total value locked. TVL has decreased 11.5% over the past 30 days.
What chains does VenomStake operate on?
VenomStake operates on Venom. Venom holds the largest share at 100%.
How does VenomStake's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, VenomStake ranks #64 by TVL. The category holds $35.29b across 256 protocols, and VenomStake accounts for <0.1% of that total. Other leading protocols include Lido, Binance staked ETH, and Sanctum.
How many yield pools does VenomStake have?
DefiLlama tracks 1 VenomStake yield pool with an average APY of 7.9%.