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

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