CryptocurrenciesTokensAnkr Staked AVAX
ankrAVAX

Ankr Staked AVAXankrAVAX

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Status

Market data is untracked

This project is featured as an 'Untracked Listing'

For more details on the listing tiers, please refer to Listings Review Criteria Section B - (3)

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ankrAVAX Price Live Data

AVAX Liquid Staking with Ankr

Ankr Staking offers AVAX token holders the opportunity to stake AVAX and, in return, claim AVAX Liquid Staking tokens — ankrAVAX. ankrAVAX also offers instant liquidity for your staked AVAX, enabling you to connect ankrAVAX with DeFi platforms and earn several more layers of rewards.

ankrAVAX is a reward-bearing token, meaning that the fair value of 1 ankrAVAX token vs. AVAX increases over time as staking rewards accumulate inside the token.

Benefits

    • Generate Multiple Layers of Rewards:
    Use ankrAVAX on DeFi platforms to enable you to multiply your earning potential in APY on top of your staking rewards!
    • Low Impermanent Loss:
    Contributing ankrAVAX for liquidity with tokens like AVAX means a low risk of impermanent loss, expanding the upside of providing liquidity for a more stable and profitable experience.
    • Compound Your Staking Rewards:
    Your staking rewards will compound daily as the value of ankrAVAX in your wallet increases vs. AVAX.
    • Support & Secure AVAX:
    Staking AVAX directly supports the AVAX network and helps validate transactions. Ankr’s staking system distributes staked tokens intelligently across the AVAX ecosystem to achieve optimal decentralization.
    • Elastic Supply:
    Users can trade their ankrAVAX tokens for their staked AVAX anytime.