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VenomStake Review: What to Check Before Staking

VenomStake is described as a liquid-staking platform for the Venom blockchain. Public details are too limited to assess its fees, withdrawal process or how much protection its audits offer.

By the SkyBitcoins review team · Updated

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At a glance

VenomStake key facts

VenomStake key facts
TypeLiquid staking platform
BlockchainVenom
AssetVENOM staking is described
AuditsTwo listed; details not identified
TokenSTVENOM
Value locked$0
Updated

VenomStake FAQs

What is VenomStake?

VenomStake is described as a platform where you delegate VENOM to validators and earn staking rewards. The project’s current terms and operating details are not published in the information available.

What is STVENOM?

STVENOM is listed as the project’s token in its classification, but its role and how you receive or use it are not established. Confirm the token details in the app before connecting a wallet or staking.

Is VenomStake safe to use?

Two audits are listed, but their providers, dates, scope and findings are not identified. That is not enough to judge the security of the staking contracts or your ability to withdraw.

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How we checked

Sources

  1. defillama.com/protocol/venomstake(opens in a new tab)

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