Bridged Wrapped stETH (Axelar) is a token that represents staked Ether (stETH) on the Axelar network. More
Fully Diluted Valuation | $209,085 |
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24H Trading Volume | $70,102 |
24H Low / High | $5.31 K / $ 5.43 K |
Circulating Supply | 38.76 |
Total Supply | 38.76 |
Max Supply | ∞ |
Categories | Wrapped-Tokens 7 more |
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Founder | Sergey Gorbunov |
Website | app.squidrouter.com Whitepaper 1 more |
Socials | 3 more |
Chains |
Polygon-pos Ecosystem
4 more
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Explorer | Polygonscan 5 more |
Contracts |
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Name | Pair | OG Score |
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Bridged Wrapped stETH (Axelar) is a token that represents staked Ether (stETH) on the Axelar network. Axelar facilitates cross-chain communication, allowing assets like stETH to be transferred seamlessly between different blockchain ecosystems. This enables users to leverage the benefits of Ethereum's staking rewards across multiple chains, improving liquidity and DeFi integration.
Features
One of the core features of Bridged Wrapped stETH is its ability to participate in decentralized finance (DeFi) on various chains without compromising on staking rewards. By bridging stETH through Axelar, users gain access to a broader range of financial products, such as lending, borrowing, and yield farming, across interconnected ecosystems. Additionally, Axelar’s secure cross-chain protocol ensures that assets remain safe throughout transfers, backed by cryptographic guarantees.
Conclusion
Bridged Wrapped stETH on Axelar opens new doors for liquidity management and decentralized finance strategies. With Axelar’s secure bridging technology, users can maximize the utility of their staked assets by accessing DeFi opportunities across multiple networks, all while continuing to earn staking rewards.
Bridged Wrapped stETH (Axelar) allows users to transfer staked Ether across different blockchain ecosystems using Axelar’s secure cross-chain communication.
Axelar Network was founded by Sergey Gorbunov and Georgios Vlachos, who previously worked on cryptographic protocols.
Axelar is backed by investors like Binance, Coinbase Ventures, Polychain Capital, and Dragonfly Capital.
Astroport (Neutron), Shade Protocol
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