About Staked WEMIX STWEMIX

stWEMIX is the derivative product of LIQUID Staking on WEMIX.Fi. LIQUID Staking is a liquid staking solution on WEMIX.Fi. LIQUID Staking allows users to stake their WEMIX - without locking assets for a long time - while participating in on-chain activities, e.g., Swap, Pool, and Borrow. When a user stakes the asset in LIQUID Staking, the asset is automatically transferred to the ‘grand staking contract’ and aggregates a portion of staking rewards. Then, the user receives stWEMIX tokens, which can be used like regular WEMIX to swap or earn extra profit. The stWEMIX tokens represent staked WEMIX in LIQUID Staking, combining the value of the initial deposit and staking rewards - causing the value to increase over time. The exchange rate between WEMIX and stWEMIX tokens is updated every time a new user makes a deposit. A user can facilitate the stWEMIX tokens to participate in various on-chain activities. For example, a user can sell stWEMIX on the stWEMIX-WEMIX market to buy WEMIX, and swap it into WEMIX$. Or a user can use stWEMIX as collateral to lend WEMIX or WEMIX$ and engage in more financial activities. stWEMIX tokens can be used as one would use WEMIX, allowing you to earn WEMIX staking rewards while benefiting from, among other things, rewards across decentralized financial products. However, the exchange rate between stWEMIX and WEMIX may vary on the market and LIQUID Staking.

Staked WEMIX (STWEMIX) Price Data

Staked WEMIX (STWEMIX) price has decreased today.

Staked WEMIX price today is $5.7088 with a 24-hours trading volume up by -- %. STWEMIX price is down in the last 24 hours. It has a circulating supply is 2.42M STWEMIX coins and a total supply of 2.42M.

What is the highest price for Staked WEMIX?

The all-time high price of Staked WEMIX is $6.2616 on Mar 13, 2024.

What is the lowest price for Staked WEMIX?

The all-time low price of Staked WEMIX is $0.6055 on Sep 13, 2023.