What is Stride Staked Atom (STATOM)
What is Stride Staked Atom (STATOM)
Start learning about what is Stride Staked Atom through guides, tokenomics, trading information, and more.
Stride Staked Atom (STATOM) Basic Introduction
Stride Staked ATOM, or stATOM, is a representative token for staked ATOM. It is derived through the process of liquid staking ATOM using the Stride protocol. It can be converted back to the original tokens at any point. stATOM permits seamless transactions, transfers, and participation in DeFi activities.
In the broader context of the Cosmos ecosystem, where ATOM serves as the central token of the Cosmos Hub, stATOM is a versatile asset, offering the benefits of DeFi engagement alongside a 20.89% staking reward.
Stride is a multichain liquid staking zone (appchain) on the Cosmos Blockchain. Stride allows users to stake any IBC-compatible tokens, and receive stTokens in return, which are redeemable for the original token at a 1:1 ratio. By staking their tokens using Stride, users will be able to earn staking rewards, while also retaining liquidity in the form of stTokens, which will allow them to take advantage of Cosmos DeFi and pursue more yields there.
Stride Staked Atom (STATOM) Profile
Stride Staked Atom (STATOM) Tokenomics
Tokenomics describes the economic model of Stride Staked Atom (STATOM), 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.
Stride Staked Atom TokenomicsPro Tip: Understanding STATOM's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Stride Staked Atom (STATOM) Price Prediction
Building on tokenomics and past performance, price predictions for STATOM 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 STATOM? Check it out now!
Stride Staked Atom Price PredictionDisclaimer
The information on this page regarding Stride Staked Atom (STATOM) 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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