Liquid staking on Argo is an alternative to traditional staking with a validator. It allows you to stake your CRO on Argo and receive bonded CRO (“bCRO”). bCRO that you receive represents your staked CRO and acts as a receipt, allowing you to exchange them later on for your staked CRO and the earned rewards. You can use bCRO to earn yield farming rewards across our partners.

When using Argo, users receive secure staking rewards in real-time, allowing for participation in the securing of crypto.org chain without the associated risks and downside potential.

bCRO is a liquid, tokenized representation of the staker's staked CRO. bCRO enables stakers to gain liquidity over their staked CRO and enables the locked value of the staked CRO to be utilized across decentralized finance applications across Cronos. Find out more about bCRO in the following section.

Check out our DeFi page for all current use cases of bCRO

You can also visit our DeFi Vaults to stake bCRO-CRO LP for boosted APR via Argonauts Staking

Argo has placed upmost emphasis on security. Any feature that is on Argo Mainnet has gone through extensive testing and is fully audited. We also have performed extensive assessments of our validator partners to minimize slashing risks to the protocol.

Typically when staking CRO, you use a single validator. With Argo, your stake is distributed across top quality validators to reduce overall risk

By using liquid staking, you gain 3 main benefits:
Capital Efficiency - Earn both staking rewards (~12% APY) and yield farming rewards on top of it
Instant Liquidity - Instantly swap back to CRO if you want to on our DEX partners
Reduced Slashing Risk - we diversify your stake across multiple high quality validators, reducing your slashing risk

We do not charge any deposit fees.

There is a 10% commission on staking rewards and a 0.3% withdrawal fee. 50% of the fees will be distributed to all xARGO stakers.