wstDOT/xcDOT
Lido DOT Liquid Staking Protocol, built on the Polkadot chain, allows their users to earn staking rewards on the Polkadot chain without locking DOT or maintaining staking infrastructure. Lido on Polkadot make DOTs liquid while staking. It ensures maximized yield and availability of staking and makes leverage options possible while being decentralized and secure. Users can deposit DOT to the Lido smart contract and receive stDOT tokens in return. Unlike DOT staked directly on the Polkadot network, the stDOT token is free from the limitations associated with the lack of liquidity and can be transferred at any time. The stDOT token balance corresponds to the amount of the Polkadot chain DOT that a holder can withdraw. That becomes possible because of permissionless validator node selection and dynamic reallocation algorithms along with slashing hedging deployed on Moonbeam parachain and empowered by XC-20 cross-chain token standard.
Score | 46 |
|---|---|
24h Vol | $0.02 |
Liquidity | $5.7K |
Holders | N/A |
Audits | |
Age | 3 years |
FDV | $7.7K |
Market Cap | $7.7K |
| Addresses | |
|---|---|
| Pool | |
| wstDOT | |
| xcDOT |  |
wstDOT to xcDOT Converter
Score | 46 |
|---|---|
24h Vol | $0.02 |
Liquidity | $5.7K |
Holders | N/A |
Audits | |
Age | 3 years |
FDV | $7.7K |
Market Cap | $7.7K |
About Wrapped liquid staked DOT (wstDOT)
Lido DOT Liquid Staking Protocol, built on the Polkadot chain, allows their users to earn staking rewards on the Polkadot chain without locking DOT or maintaining staking infrastructure. Lido on Polkadot make DOTs liquid while staking. It ensures maximized yield and availability of staking and makes leverage options possible while being decentralized and secure. Users can deposit DOT to the Lido smart contract and receive stDOT tokens in return. Unlike DOT staked directly on the Polkadot network, the stDOT token is free from the limitations associated with the lack of liquidity and can be transferred at any time. The stDOT token balance corresponds to the amount of the Polkadot chain DOT that a holder can withdraw. That becomes possible because of permissionless validator node selection and dynamic reallocation algorithms along with slashing hedging deployed on Moonbeam parachain and empowered by XC-20 cross-chain token standard.
Update Token InfowstDOT/xcDOT Price Stats
The current price of wstDOT (wstDOT/xcDOT) on StellaSwap is $1.6475, the price is up -4.33% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.02371 with a total of 2 transactions. wstDOT/xcDOT contract address is 0x61bf1b38930e37850d459f3cb926cd197f5f88c0, with a Fully Diluted Valuation (FDV) of $7,693.55 and a liquidity pool of $5,733.27.
