stSOMM

Stride Staked SOMM price
StSOMM
#156

$0.01714  

4.50% (1d)

Stride Staked SOMM to USD Chart

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Stride Staked SOMM statistics
Market cap
$17.93K

4.50%

Volume (24h)
$15.63

44.02%

FDV
$17.93K
Vol/Mkt Cap (24h)
0.0872%
Total supply
1.05M stSOMM
Max. supply
Circulating supply
1.05M stSOMM
stSOMM to USD converter
stSOMM
USD
Price performance
24h 
Low
$0.01706
High
$0.01835
All-time high
Mar 13, 2024 (8 months ago)
$0.2525
-93.21%
All-time low
Oct 27, 2024 (5 days ago)
$0.01555
+10.19%
See historical data


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About Stride Staked SOMM

stSOMM is the token received in exchange for staking SOMM with Stride. SOMM is the native token of the Sommelier project. Sommelier is the prominent DeFi strategy protocol in the Cosmos Ecosystem. By staking SOMM with Stride, users can mint stSOMM, which are redeemable for SOMM at a 1:1 ratio, subject to the unbonding period on the Sommelier blockchain. Stride currently supports liquid staking SOMM on its mainnet, which launched in late July 2022. With stSOMM, users can retain liquidity in their staked tokens while also earning staking rewards. stSOMM can be staked now on Stride at app.stride.zone.

Stride is a multichain liquid staking zone (appchain) in the Cosmos Ecosystem. Stride allows users to stake any IBC-compatible tokens, and receive stTokens in return, which are redeemable for the original token at a 1:1 ratio. By staking their tokens using Stride, users will be able to earn staking rewards, while also retaining liquidity in the form of stTokens, which will allow them to take advantage of Cosmos DeFi and pursue more yields there.

 
 
 
 
 
 

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