We’re excited to announce that v-asset rewards are now live on Ebisu’s Bay, thanks to our partnership with Veno Finance! This means that users who provide liquidity with vETH and vUSD on our platform can now claim their earned rewards directly from the Ryoshi Bank.

What Are v-Assets and How Do They Work?

On Cronos zkEVM, v-Assets such as vETH and vUSD are yield-bearing tokens powered by Veno Finance. Unlike traditional tokens, their value does not automatically increase to reflect rewards. Instead, users must manually claim their accumulated yield at regular intervals.

How are rewards generated?

• vETH follows the value of ETH, while vUSD mirrors DAI (a stablecoin).
• These assets accumulate rewards over time, which are distributed separately rather than being auto-compounded.
• The rewards are claimable via smart contracts and are updated daily, becoming available after five Ethereum transaction batches (~4-7 days on average).

Claim Your v-Asset Rewards on Ebisu’s Bay

As one of the dapps supporting v-asset reward distribution, Ebisu’s Bay ensures that all rewards earned by our users are passed back to the community.

Here’s how it works:

✅ All rewards earned since launch are now available in the Tokens section of the Ryoshi Bank.
✅ Going forward, Veno Finance will distribute rewards weekly.
✅ Rewards are calculated based on vETH and vUSD deposited in liquidity pools and farms on Ebisu’s Bay.

How to Claim Your v-Asset Rewards

1. Visit Ryoshi Bank and connect your wallet.
2. Navigate to the Tokens section to view your available vETH and vUSD rewards.
3. Click “Withdraw” and approve the transaction in your wallet.
4. Done! Your rewards are now in your wallet and ready to use.

More Opportunities Ahead

This is just the beginning of what’s possible with v-asset integration on Ebisu’s Bay. Our collaboration with Veno Finance is focused on bringing sustainable yield opportunities to Cronos zkEVM users while reinforcing our commitment to rewarding our community.

Stay tuned for more updates, and start claiming your v-asset rewards today! 🚀

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