Argo Protocol Staking Launch
April 29 update – the token totally dumped on launch, staking is delayed till further notice.
New liquid staking protocol launch on Cronos.
They have an on-going audit with Certik, I have linked it below.
- You can refer to the Medium article here
- Max supply: 1,000,000,000 ARGO
- 6% to public sale
- 44% to incentive programs
- 5% to community bounties
- 5% to marketing / partnerships
- 20% to treasury
- 20% to the team, vested linearly over 24 months
- ARGO-VVS & ARGO-USDC Incentivized Crystal Farms launches today, will last for 60 days
- Stake xVVS, earn ARGO Glitter Mine, will last for 60 days
- 0.3% unstaking fee
- 0.3% vault management fees
- There is a 28 day unstaking period for xARGO
- 25% of penalty fee – ARGO stakers will receive a pro-rata portion of penalty fees paid by xARGO instant unstakers
- 50% of Protocol Fees will go into Argo’s Treasury, while 50% will go towards xARGO stakers