Bonded CrobCRO Price

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. bCRO is a yield-bearing token which means that the staking yields generated every block by staking CRO are directly accrued to bCRO. Hence, as more CRO rewards are accrued to the bCRO contract, the value of each bCRO is backed by more CRO, increasing its value. The staking rewards will be represented by the increase in bCRO:CRO exchange rate - when you swap bCRO back to CRO at a later time, you'll find that you receive more CRO than you initially put in.

bCRO can be used across various DeFi applications on Cronos to earn additional DeFi yields.