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HomeCOINSStader sFTMX (SFTMX) Coin Guide & Detailed Review

Stader sFTMX (SFTMX) Coin Guide & Detailed Review

REVIEW OVERVIEW

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About Stader sFTMX

This litepaper sets out the current and future developments of Stader. This litepaper is made available solely to provide information and is not a statement of future intent. The information contained in this litepaper has not been approved by any regulatory authority and may be amended, updated, or otherwise modified at any time. This litepaper is not a prospectus or offer document of any kind and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. The content contained in this litepaper should not be interpreted as professional financial, tax, legal, or business advice, nor as a provision for any type of advice.

The market capitalization of Proof-of-Stake (PoS) coins is at $325 billion (USD). In comparison to Proof-of-Work (PoW), PoS has numerous advantages which position it to grow manifold. Stader is building the key staking middleware infrastructure layer for multiple PoS networks that will power the above staking-related opportunities while solving the key challenges. Stader sFTMX are taking an extremely modular approach to building your contracts so third parties can leverage your components to build several staking solutions on top of it.

In the short term, Stader is building native staking smart contracts across multiple chains including Terra, Solana, among others, and building an economic ecosystem to grow and develop solutions like YFI-style farming with rewards, launchpads, gaming with rewards, liquid staking solutions, and more. In the long term, Stader is focused on unlocking the platform approach and nurturing third parties to develop several staking-related applications on top of Stader infrastructure.

Stader sFTMX Basic Points Table

Coin BasicInformation
Coin NameStader sFTMX
Short NameSFTMX
Circulating Supply14,402,434.00 SFTMX
Total Supply17,688,853
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Who Are The Founders of Stader sFTMX

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Outlook & Opportunities

Over the next five years, staking is expected to proliferate even more. The cryptocurrency landscape will have hundreds of blockchain networks across L1s, L2s, NFTs, gaming, and metaverses. PoS and staking will be the fundamental layers that power these networks. There will be an explosive growth in innovative staking solutions built on top of the PoS chains. Staking is primarily available as “plain staking” in which the assets are locked-up and “liquid staking” in which users receive a liquid token against their staked assets, further enabling participation in DeFi.

The staking economy has exploded with over $240 billion (USD) currently staked in the market. In the last year alone, the PoS market cap has grown by more than 15x from $21 billion (USD) to $325 billion (USD) in October 2021*, which has resulted in PoS market cap increasing significantly as a percentage of the total crypto market cap.

Tokenomics

Stader sFTMX have carefully designed the protocol’s tokenomics to encourage long-term sustainability of the Stader platform. The total supply of Stader tokens will be limited to 150 million. The distribution of Stader tokens has been planned to incentivize the community to own a majority of the network while also reserving a suitable portion of Stader tokens to incentivize third parties to build on the Stader platform.

Why Choose Stader sFTMX?

Given the countless possibilities on staking, Stader is building a modular platform which allows anyone to use Stader’s pre-existing components to build their own staking solutions. As staking evolves over the next few years, your architecture allows flexibility to grow and incorporate new features day in and day out.

Extensibility is woven into Stader’s technical blueprint, with a system of highly-interactive smart contracts. Incorporating a new strategy or pool would just require a few changes in a specific independent contract. Stader separates the base capital and the rewards with different contracts. This ensures that the base capital staked is always isolated from the interactions with other protocols.

Where Can You Buy Stader sFTMX (SFTMX)?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On SpookySwap, As It Has The Highest WFTM/SFTMX.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include WFTM/SFTMX And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Stader sFTMX Market Screenshot

Stader sFTMX Supported Wallet

Several Browser And Mobile App Based Wallets Support Stader sFTMX. Here Is Example Of Wallet Which Support Stader sFTMX – Trust Wallet For Hardware Ledger Nano.

Team

Stader sFTMX Team

FAQ Of Stader sFTMX

Where I Can Find Stader sFTMX Whitepaper?

You Can Find Stader sFTMX Whitepaper By Clicking Here.

Where I Can Buy/Sell Balancer Token?

You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – SpookySwap.

What is Circulating Supply Of Balancer Token?

Circulating Supply Of Balancer Token Is 14,402,434.00 SFTMX.

Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .
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Stader sFTMX (SFTMX) Coin Guide & Detailed Review About Stader sFTMX This litepaper sets out the current and future developments of Stader. This litepaper is made available solely to provide information and is not a statement of future intent. The information contained in this litepaper has not been approved by any regulatory authority...