Stake DAO FXN current market price is $31.24 with a 24 hour trading volume of $19,325. The total available supply of Stake DAO FXN is 26,763 SDFXN with a maximum supply of (Not Available) SDFXN. It has secured Rank 3969 in the cryptocurrency market with a marketcap of $837.53K. The SDFXN price is -6.63% down in the last 24 hours.
The lowest price of the Stake DAO FXN is $29.58 & the highest price is $33.68 in the last 24 hours. Live Stake DAO FXN prices from all markets and SDFXN coin market Capitalization. Stay up to date with the latest Stake DAO FXN price movements. Check our coin stats data and see when there is an opportunity to buy or sell Stake DAO FXN at best price in the market.
#3969
$31.24
$-2.22 -6.63%
$29.58 / $33.68
$837.53K -6.4%
$19,325
26,763 SDFXN
(Not Available) SDFXN
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-6.63%
-8.05%
-12.36%
-12.4%
-57.12%
0%
Compare live prices of Stake DAO FXN on top exchanges.
| # | Exchange | Pair | Price | Volume (24h) |
|---|---|---|---|---|
| Curve (Ethereum) | 0XE19D1.../0X365AC... | $31.44 | $19,446 |
Liquid Lockers address a significant issue in the DeFi space. Previously, if a person or protocol wanted to use their lockable tokens (like CRV, FXS, etc.) for governance or for boosting yield, they faced a tough decision. They could either lock on the native protocol, which allowed them to enjoy a yield and ability to vote through governance while losing liquidity.Alternatively, they could use a locker, reap the benefits of boosted yield and yield farming, have the ability to exit with a limited penalty, but forfeit their governance power. This forced a choice between voting power and yield, imposing restrictions on users.Liquid Lockers aim to offer the best of both worlds. They enable users to lock their tokens and receive sdTOKENs in return. Users can stake these sdTOKENs on Stake DAO to gain various benefits, such as native APR, a share of boosted strats rewards, the ability to sell voting rights of the underlying asset, and additional SDT incentives. They always have the possibility of exiting their position and returning to the underlying token.🔑 Key FeaturesYield (rewards earned through underlying protocol)Liquidity (liquidity pools to exchange sdTokens)Governance power (ability to vote on underlying protocol with sdTokens)Vote incentives rewards (due to governance power)Cross-chain accessibility
https://www.stakedao.org/lockers/fxn
https://etherscan.io/address/0xe19d1c837B8A1C83A56cD9165b2c0256D39653aD
