CryptoCurrencies
19046
Exchanges
500
Total Market Cap
4,505,282,448,904
Volume 24h
316,811,393,689
Dominance
BTC 54.45%   ETH 12.08%   XRP 3.94%   USDT 3.93%

Ankr Staked ETH
ANKRETH

5393.2
$
0.53 %
Change 24h
Market Cap
$ 43,346,458
Volume 24h
$ 36,691
Circulating Supply
8037
Total Supply
41,553
ANKRETH
$
# Exchange Pair Price Volume 24h

Description

ETH Liquid Staking with Ankr Ankr Staking offers Ethereum token holders the opportunity to stake ETH and, in return, claim ETH Liquid Staking tokens — ankrETH. ankrETH also offers instant liquidity for your staked ETH, enabling you to connect ankrETH with DeFi platforms and earn several more layers of rewards. ankrETH is a reward-bearing token, meaning that the fair value of 1 ankrETH token vs. ETH increases over time as staking rewards accumulate inside the token. Benefits - Generate Multiple Layers of Rewards: Use ankrETH on DeFi platforms to enable you to multiply your earning potential in APY on top of your staking rewards! - Low Impermanent Loss: Contributing ankrETH for liquidity with tokens like ETH means a low risk of impermanent loss, expanding the upside of providing liquidity for a more stable and profitable experience. - Compound Your Staking Rewards: Your staking rewards will compound daily as the value of ankrETH in your wallet increases vs. ETH. - Support & Secure Ethereum: Staking ETH directly supports the Ethereum network and helps validate transactions. Ankr’s staking system distributes staked tokens intelligently across the Ethereum ecosystem to achieve optimal decentralization. - Elastic Supply: Users can trade their ankrETH tokens for their staked ETH anytime.