With listings on both CoinMarketCap and CoinGecko, Argo Protocol has reached an important milestone. After partnerships and the initial launch, the next step will be growth.
Andre, the co-founder of Argo, and his team are excited about $ARGO being on the list of CoinMarketCap and CoinGecko. It will give real-time price information for $ARGO. It will also bring new users to the platform who have never heard of Argo or Cronos.
Argo – Liquid Staking in Cronos
Argo is a protocol for liquid staking on Cronos. It allows Cronos users to stake their CRO and earn rewards. Users can get a liquid stake CRO (bCRO). One can use it in other Cronos DeFi apps to get more rewards for staking. Argo wants to build on Crypto.com’s CRO staking options. It is by improving CRO liquid staking and capital efficiency without putting network security at risk. The mainnet of Argo is likely to start up around June 2022.
More Attention to The Argo Protocol
After the team confirms the listings, users can keep track of Argo Protocol on CoinMarketCap and CoinGecko.
Argo Protocol has made partnerships in the past few weeks. It has also closed its $3 million IDO on VVS Finance without any problems. Getting people interested in them will be necessary now that the stakes are more visible. Listings on the world’s most popular price tracking sites are essential. But a project that just finished its launch may have much more to offer.
The team shared the news on Twitter today, and as users track their progress and performance, the protocol will get more attention in the space. Argo Protocol has been careful in every step of its development, starting with how much it cared about its community before it launched. This latest news seems like a good thing that will help it move forward.
Web3Wire will keep track of what happens as it happens.
The Treasure Chest Event is a way for us to spice up the launch of the Argo Mainnet and thank early supporters of the protocol by sending them Treasure Chest keys through an innovative airdrop system.
A treasure chest is a reward box you can lock in a certain amount of time and put $xARGO tokens in. How many $xARGO tokens are in the treasure chest depends on certain Argo milestones that tie to the chest. Milestones can take different forms, but they are usually essential metrics for the success of Argo. The more milestones Argo reaches in a set amount of time, the more rewards will be available for all Treasure Chest Key holders at the end of that time.
Only people with the keys to the Argo Treasure Chest can open it and get the $xARGO tokens inside. We will drop Argo Treasure Chest keys from the sky for people participating in the Argo Mainnet launch. In a previous contest, 300 lucky users got an airdrop, which one will use for this first event.