Top 3 Liquid Staking Derivatives Tokens Below $50M Market Cap To Watch In January 2023

2023-1-28 10:25

It implies “flexible staking,” which enables users to stake their coins while still maintaining the possibility of trading them. Liquid Staking Derivatives Tokens have a total market capitalization of $3,389,674,971 and a total trading volume of $393,558,991 in the last 24 hours.

Note: This List is sorted by their market capitalization from lowest to highest.

pSTAKE Finance (PSTAKE) Price Unit: $0.1418 Market Cap: $6,134,862 Distinct Features: PoS token holders can now stake their assets while keeping their assets’ liquidity. Users that stake with pSTAKE receive staked representative tokens (stkASSETs) that can be utilized in DeFi to increase yield in addition to staking rewards (yield on top of staking rewards).

The real potential of PoS tokens is unlocked by pSTAKE, a liquid staking solution that increases the liquidity of staked assets.

Holders of tokens from PoS networks supported by pSTAKE can deposit their assets on the pSTAKE to start minting 1:1 pegged ERC-20 derivative tokens, which can then be used in the already-existing Ethereum DeFi Ecosystem to maximize income. Depending on variables like liquidity, utilization, etc., derivatives created today may eventually be extended to several chains. The whitelisted validators stake the assets that are put on pSTAKE.

Users of pSTAKE can also leave a stake position right away without having to wait out the complete unbonding period.

Exchange: $PSTAKE is currently trading live on Bybit, Bitget, OKX, CoinW, and Tapbit.

Stader (SD) Price Unit: $1.25 Market Cap: $12,640,482 Distinct Features: Users will receive the auto-compounding token xSD when they stake SD tokens. Governance rights will be granted to xSD.

For custodians, exchanges, and retail crypto users, Stader is developing middleware for key staking on a variety of PoS networks. Stader creates highly modular smart contracts that let third parties use their parts to create unique solutions.

Stader is currently developing native contracts for a variety of blockchains as well as an economic ecosystem to support the growth of solutions like yield redirection-style farming with rewards, liquid staking, launchpads, gaming, and more.

In the long run, Stader will concentrate on enabling the platform approach and encouraging other parties to create a variety of staking applications using Stader infrastructure.

Exchange: $SD is currently trading live on BingX, Bybit, Bitget, OKX, and Gate.io.

StaFi (FIS) Price Unit: $0.4971 Market Cap: $29,835,309 Distinct Features: StaFi makes development exceedingly simple. Substrate (Native StaFi) and Cosmos SDK are the current building blocks of the StaFi Ecosystem (StaFiHub). Projects may quickly and simply incorporate their tokens into StaFi with little to no work.

The first DeFi protocol to release staked assets’ liquidity is StaFi. Through StaFi, users can stake PoS tokens and receive tradeable rTokens in exchange, continuing to earn staking incentives.

When users stake PoS tokens using the StaFi rToken App, rToken is a synthetic staking derivative provided by StaFi to users. The PoS tokens that users stake and the associated staking incentives serve as the anchors for rTokens. At any time, rTokens can be traded and transferred.

To enjoy liquid staking and trading without unbonding intervals, stake your PoS tokens through their completely permissionless & decentralized ecosystem. The StaFi Token (FIS), which enables lightning-quick and inexpensive transactions throughout the whole ecosystem, powers the StaFi Ecosystem.

Exchange: $FIS is currently trading live on Binance, BingX, Bitrue, Bitget, and CoinW.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Image Source: sdecoret/123RF // Image Effects by Colorcinch

Similar to Notcoin - Blum - Airdrops In 2024

origin »

VIP Tokens (VIP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 VIP

staking liquid trading total market tokens derivatives

staking liquid → Результатов: 120


RAMP DeFi Leads The Liquid Staking Race, Opening Ethereum-Based DeFi to Staked Liquidity From Other Blockchains

Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and Dai to generate yield. […]

2021-1-17 09:48


Фото:

Fantom uses Band Protocol’s (BAND) price oracles to launch Liquid Staking

Fantom — a scalable, fast, and secure platform for DeFi, supply chains, and even crypto payments — just launched a new DeFi protocol called Liquid Staking. The service combined its own technology with Band Protocol’s (BAND) decentralized price oracles to bring liquidity to stake assets on its layer-1 protocol, and being the first project in crypto history to ever do so.

2020-12-13 12:41


Chorus One releases report on capital efficiency in the crypto staking industry

Interchain Foundation and Chorus One, a company providing staking services, have released an extensive research report on designs and implications of protocols that tokenize stake. The research conducted as part of the Liquid Staking Working Group, a collective of organizations within the staking industry with an interest in tokenized staking protocols, was commissioned and supported […] CryptoNinjas: Chorus One releases report on capital efficiency in the crypto staking industry

2020-6-17 16:53


Фото:

Исследование: объем заблокированных в стейкинге токенов не влияет на их цену

Аналитики Messari пришли к выводу, что заблокированный в стейкинге объем эмиссии не влияет на рост цены нативных токенов PoS-сетей. All of the staking protocols that have less than 40% of its liquid supply staked are down in price this year.

2020-4-5 13:02