Kryptopriser -qJUNO
qjuno
qJUNO
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24h: -7d: 0.00%30d: 0.00%1y: 0.00%
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qJUNO represents a liquid staked version of the JUNO cryptocurrency, issued through the Quicksilver protocol. This innovation allows users to maintain liquidity for their staked JUNO tokens.
Liquid staking enables users to stake their cryptocurrencies to earn rewards while simultaneously receiving a liquid token representation of their staked assets. This liquid token, in this case qJUNO, can then be used within various decentralized finance (DeFi) applications.
When JUNO is staked via the Quicksilver protocol, users receive qJUNO in return. This qJUNO can be traded, lent, or used in other DeFi activities, providing flexibility that traditional staking often lacks. The underlying JUNO remains staked and continues to accrue staking rewards.