Kryptopriser -Stride Staked DYM
stdym
Stride Staked DYM
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24t: -7d: 0.00%30d: 0.00%1y: 0.00%
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stDYM is a liquid staking token (LST) designed for DYM, the native cryptocurrency of the Dymension network. It allows users to participate in staking while maintaining liquidity for their assets.
Liquid staking protocols enable users to stake their cryptocurrencies to support network operations and earn rewards, while simultaneously receiving a liquid token representing their staked assets. This liquid token can then be used in various decentralized finance (DeFi) applications.
Dymension is a modular blockchain network focused on "RollApps," which are application-specific blockchains built on its infrastructure. DYM is the native token used for network security, transaction fees, and governance within the Dymension ecosystem.