Stride Staked Atom
Stride Staked Atom Basic Information
Symbol: STATOM
Price: $5.9100
Volume: $379,109
Market Cap: $16,188,849
Fully Diluted Value: 16,188,849
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 2,744,116
Type: Crypto Token
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Learn more about Stride Staked Atom
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.
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