Deep Dive
1. Next Buyback & Burn (Q4 2025)
Overview:
Veno’s buyback program uses commissions from yield-generating tokens (zkCRO, vETH, vUSD) to repurchase and burn VNO quarterly. The next burn is tentatively scheduled for Q4 2025, pending market conditions. Since August 2024, this initiative has permanently reduced VNO’s max supply.
What this means:
This is bullish for VNO because burning tokens directly lowers circulating supply, potentially increasing scarcity-driven demand. However, the program’s impact depends on revenue from Veno’s staking derivatives—a bearish risk if Cronos/zksync DeFi activity declines.
2. Helper NFT Integration (TBD)
Overview:
A pending update to Veno Garden will let users stake partner NFTs as “helpers” to boost farming rewards by up to 2x (docs). NFTs from collections like Cronos Cruiser or Boomer Squad will provide tiered multipliers, but the feature lacks a confirmed release date.
What this means:
This is neutral-to-bullish for VNO because NFT integration could deepen user engagement and lock more VNO (via required “watering” boosts). However, delayed rollout or limited NFT partnerships might dilute the feature’s impact.
Conclusion
Veno’s roadmap focuses on tokenomics (buybacks) and ecosystem growth (NFT gamification), balancing supply constraints with utility incentives. While the Q4 burn offers near-term scarcity potential, the NFT feature’s timeline remains uncertain. How might Veno’s partnerships with Cronos/zksync protocols amplify these initiatives?