STXEM

stakedXEMSTXEM

Rank # -
Token
On 206 watchlists

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)

STXEM Price Live Data

Being a wrapped version of the original XEM token stakedXEM gives its holder extended usability compared to the original token. - Holders of the stXEM are entitled to receive the same staking rewards as if they had held the original token. With a crucial difference that with StakeHound they don’t need to necessarily have funds for the entire supernode to earn them but can have a proportional part of it depending on their investment. - StXEM can be freely traded on the open market thus creating opportunities for arbitrage - Holders can make additional income by providing liquidity on decentralized exchanges also known as yield farming - StEM can be used in multiple DeFi applications for landing and borrowing thus creating various opportunities for it’s holders who can now borrow against their staked tokens for instance