What is Beets Staked Sonic (STS)
What is Beets Staked Sonic (STS)
Start learning about what is Beets Staked Sonic through guides, tokenomics, trading information, and more.
Beets Staked Sonic (STS) Basic Introduction
stS is a liquid-staked token that users receive when they stake S on the Beets platform. The value of stS naturally appreciates in relation to S thanks to native network staking rewards from validator delegation being automatically compounded within the token. Due to the management of underlying nodes, validators earn 15% of the overall stS staking rewards. Beets also takes a 10% protocol fee on the rewards after the validator fees. The APY displayed on the UI is the APY the user receives (all fees have been subtracted automatically). To stake, users simply need to head to the stS page and select how much S they wish to deposit. As an alternative to staking, users can swap out of stS on DEXs by swapping their stS for S on the Swap Page.
Beets Staked Sonic (STS) Profile
Beets Staked Sonic (STS) Tokenomics
Tokenomics describes the economic model of Beets Staked Sonic (STS), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
Beets Staked Sonic TokenomicsPro Tip: Understanding STS's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Beets Staked Sonic (STS) Price Prediction
Building on tokenomics and past performance, price predictions for STS aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of STS? Check it out now!
Beets Staked Sonic Price PredictionDisclaimer
The information on this page regarding Beets Staked Sonic (STS) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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