Restaked sAVAX
RSAVAX

26.00
$
0.52 %
Change 24h
Market Cap
$ 2,913,550
Volume 24h
$ 6633.6
Circulating Supply
112,104
Total Supply
51,421
RSAVAX
$
# Exchange Pair Price Volume 24h

Description

rsAVAX is restaked sAVAX, allowing users to benefit from native sAVAX yield as well as rewards for providing crypto-economic security to Avalanche L1s. Users deposit sAVAX and receive rsAVAX at a 1:1 ratio. Yield Yak then acts as a curator on Suzaku's restaking marketplace, deploing sAVAX as collateral to Avalanche Operators and Avalanche L1s, in exchange for rewards. These rewards are compounded into the value of rsAVAX.