Stride Staked Stars
STSTARS

0.01136
$
5.66 %
Change 24h
Market Cap
$ 220,855
Volume 24h
$ 1178.5
Circulating Supply
19,440,662
STSTARS
$
# Exchange Pair Price Volume 24h

Description

stSTARS is a token received in exchange for staking STARS with Stride. STARS is the native token of the Stargaze ecosystem on the Cosmos blockchain. By staking STARS with Stride, users can earn stSTARS, which are redeemable for STARS at a 1:1 ratio, subject to the unbonding period on STARS. Stride currently supports staking STARS on its mainnet, which launched in late July 2022. With stSTARS, users can retain liquidity in their staked tokens while also earning staking rewards, giving them the ability to pursue more yields within the ecosystem.