Wrapped stASTR $WSASTR is a liquid staking solution on Astar and Soneium that combines staking rewards with liquidity. More
Fully Diluted Valuation | $4.12M |
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24H Trading Volume | $38,752 |
24H Low / High | $0.02 / $ 0.02 |
Circulating Supply | 167.55M |
Total Supply | 167.55M |
Max Supply | 155.62M |
Categories | Decentralized Finance (DeFi) 4 more |
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Founder | Anonymous |
Website | astake.dev |
Socials | |
Chains | Soneium Ecosystem |
Explorer | Blockscout |
Contracts |
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Name | Pair | OG Score |
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Wrapped stASTR $WSASTR is a cutting-edge liquid staking solution designed to empower users in the Astar and Soneium ecosystems. By offering seamless integration with the dApp staking mechanisms of these ecosystems, Wrapped stASTR $WSASTR allows users to stake their assets while unlocking liquidity and maximizing rewards. This innovation enables participants to earn staking rewards without compromising liquidity, positioning Wrapped stASTR $WSASTR as a vital tool for the decentralized finance (DeFi) space.
Features and Use Cases
Liquid Staking Protocol
Wrapped stASTR $WSASTR facilitates liquid staking within the Astar and Soneium networks. This allows users to actively participate in staking without locking their assets, thus maintaining liquidity while earning staking rewards.
High Annual Percentage Rate (APR)
Astar liquid staking through Wrapped stASTR $WSASTR offers an attractive annual percentage rate (APR) of approximately 17.23%, presenting an opportunity for participants to achieve high yields on their staked assets.
Secure Infrastructure
Security is a top priority for Wrapped stASTR $WSASTR. The protocol is supported and secured by notable entities such as Peckshield, ensuring a robust and trustworthy staking experience for users.
Cross-Chain Bridging Technology
By leveraging Chainlink’s Cross-Chain Interoperability Protocol (CCIP), Wrapped stASTR $WSASTR ensures seamless bridging and compatibility across different blockchain networks, enhancing its utility and user accessibility.
Founders, Backers, and Strategic Partners
The Wrapped stASTR $WSASTR initiative is bolstered by influential partners and backers, including Peckshield, Chainlink, and other ecosystem contributors such as Sonex, Sake, and Kyo. These collaborations ensure the project maintains high integrity and offers reliable services to its users.
Conclusion
Wrapped stASTR $WSASTR exemplifies innovation within the DeFi ecosystem by offering a secure, high-yield, and liquid staking solution on Astar and Soneium. With robust backing, seamless cross-chain capabilities, and a user-focused approach, Wrapped stASTR $WSASTR is set to redefine liquid staking and contribute significantly to the growth of decentralized finance.
Wrapped stASTR $WSASTR combines liquid staking with cross-chain compatibility, high APR, and secure infrastructure on Astar and Soneium.
The founders are anonymous.
The backers and partners include Peckshield, Chainlink, Sonex, Sake, and Kyo.
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