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.
Where is Stride Staked Atom available for purchase?
You can exchange STATOM tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Stride Staked Atom is Osmosis, notably the STATOM/STATOM pair, which saw a trading volume of $ 491,001 in the past day. Additionally, Shade Protocol is popular alternative for trading tokens.
What is the highest value Stride Staked Atom (STATOM) has ever reached?
Stride Staked Atom (STATOM) reached its peak price at 18.7 $ on 07 March 2024, approximately a year ago ago. Presently, the current price is -60.48% lower than this all-time high.
What is the historical minimum price for Stride Staked Atom (STATOM)?
The minimum price reached for Stride Staked Atom (STATOM) was 0.02064 $, documented on 03 July 2023, more than 2 years ago. In comparison, the current price is 35,702.82%, it above this historical low.
What is the fully diluted valuation of Stride Staked Atom (STATOM)?
The fully diluted valuation (FDV) of Stride Staked Atom (STATOM) stands at $ 16,19 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of STATOM tokens. The realization of this FDV might take several years depending on the emission schedule of STATOM tokens.