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Argo Finance

Argo Finance ARGO Price $ 0.000925

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DeFi

ARGO Price

0.000925
0.26%
(-$ 0.00...241)
Price Range
LowHigh
$ 0.000923$ 0.000936

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Description

Argo is the premier liquid staking protocol built on top of the Cronos blockchain that aims to unlock the value of all staked CRO

Argo Finance (ARGO) Chart

The Argo Finance to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

ARGO to USD Converter

Argo Finance (ARGO)ARGO

ARGO Price Statistics

leaderboard

Market Cap

N/A

FDV

$ 924.70K

Total Supply

ARGO 1,000,000,000

Listing Date

3 Aug 2022

All Time High

$ 0.0192

11 Aug 2022


All Time Low

$ 0.000397

13 Mar 2024


From ATH

95.2%

From ATL

133%

Argo Finance Price Analysis

What is Argo Finance (ARGO)?

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.

Argo DeFi Vaults is Cronos' first one-click yield optimizer for single-sided staking CRO and allows users to earn up to 25% more APR than simply staking their CRO due to the auto-compounding and auto-yield harvesting algorithm. 

Argo's liquid staking module made it possible for users to enjoy earning CRO staking yields on Cronos and opens up the possibility of earning DeFi yields on top of that. Argo's DeFi Vaults run strategies that aim to maximize the CRO staking yields earned by users who staked their CRO on Argo. 

ARGO token's design is guided by 5 key principles: 

  • Provides clear utility (and a redemption mechanism) for governance tokens
  • Stabilizes and grows the price of the governance token
  • Incentivizes deposits of LPs effectively according to ecosystem needs
  • Promotes sustainable growth in protocol wealth
  • Align incentives for long-term holders Vs. mercenary capital.

Argo Finance Price Today

Argo Finance's current price is $ 0.000925, it has dropped -0.26% over the past 24 hours.

Argo Finance's All Time High (ATH) of $ 0.0192 was reached on 11 Aug 2022, and is currently -95.2% down.

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