Kryptopriser -Increment Staked FLOW
stflow
Increment Staked FLOW
NOK 0.383
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24h: -7d: -1.73%30d: -13.29%1y: -90.55%
NOK 0.383
stFlow represents a liquid staking derivative for the Flow token, offering users the ability to engage with the Flow blockchain's decentralized finance (DeFi) ecosystem while simultaneously earning staking rewards.
Liquid staking with stFlow allows users to maintain liquidity of their staked assets. This means that while their underlying Flow tokens are staked and generating rewards, the stFlow tokens can be used in various DeFi applications.
When Flow tokens are staked through the liquid staking protocol, stFlow tokens are minted and given to the user. These stFlow tokens represent the staked Flow plus any accumulated staking rewards, and they can be redeemed for the underlying Flow tokens at a later time.