stAPT is a vault designed to accrue the staking yield of the Amnis APT validators. At any time, amAPT can be exchanged for stAPT by depositing it into the stAPT vault, which allows users to earn staking yield on their amAPT. Over time, as validators accrue staking yield, an equivalent amount of amAPT is minted and added to the vault, allowing users to redeem their stAPT for a greater amount of amAPT than they deposited.
The exhange rate of amAPT per stAPT increases over time as staking rewards are added to the vault. By holding stATP, you hold a % claim on an increasing amount of the vault's amAPT, splitting staking rewards up among stAPT holders proportional to their share of the total stAPT. This is similar to other autocompounding tokens like Aave's aUSDC and Compound's cUSDC.
Where is Amnis Staked Aptos Coin available for purchase?
You can exchange STAPT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Amnis Staked Aptos Coin is LiquidSwap V0.5, notably the STAPT/APT pair, which saw a trading volume of $ 7,801.04 in the past day. Additionally, PancakeSwap (Aptos) and Cellana Finance are popular alternatives for trading tokens.
What is the highest value Amnis Staked Aptos Coin (STAPT) has ever reached?
Amnis Staked Aptos Coin (STAPT) reached its peak price at 19.62 $ on 26 March 2024, approximately a year ago ago. Presently, the current price is -77.52% lower than this all-time high.
What is the historical minimum price for Amnis Staked Aptos Coin (STAPT)?
The minimum price reached for Amnis Staked Aptos Coin (STAPT) was 0.1034 $, documented on 05 June 2024, more than a year ago. In comparison, the current price is 4,162.18%, it above this historical low.
What is the fully diluted valuation of Amnis Staked Aptos Coin (STAPT)?
The fully diluted valuation (FDV) of Amnis Staked Aptos Coin (STAPT) stands at $ 9,86 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of STAPT tokens. The realization of this FDV might take several years depending on the emission schedule of STAPT tokens.