Ankr Staked ETH ANKRETH
ANKRETH
2640.5
$
1.64 %
Change 24h
Market Cap
$ 35,469,692
Volume 24h
$ 343.24
Circulating Supply
13,413
Total Supply
55,792
ANKRETH
$
# | Exchange | Pair | Price | Volume 24h |
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Description
ETH Liquid Staking with Ankr
Ankr Staking offers Ethereum token holders the opportunity to stake ETH and, in return, claim ETH Liquid Staking tokens — ankrETH. ankrETH also offers instant liquidity for your staked ETH, enabling you to connect ankrETH with DeFi platforms and earn several more layers of rewards.
ankrETH is a reward-bearing token, meaning that the fair value of 1 ankrETH token vs. ETH increases over time as staking rewards accumulate inside the token.
Benefits
- Generate Multiple Layers of Rewards: Use ankrETH on DeFi platforms to enable you to multiply your earning potential in APY on top of your staking rewards!
- Low Impermanent Loss: Contributing ankrETH for liquidity with tokens like ETH means a low risk of impermanent loss, expanding the upside of providing liquidity for a more stable and profitable experience.
- Compound Your Staking Rewards: Your staking rewards will compound daily as the value of ankrETH in your wallet increases vs. ETH.
- Support & Secure Ethereum: Staking ETH directly supports the Ethereum network and helps validate transactions. Ankr’s staking system distributes staked tokens intelligently across the Ethereum ecosystem to achieve optimal decentralization.
- Elastic Supply: Users can trade their ankrETH tokens for their staked ETH anytime.