Wrapped Parasail Staked PEAQ
WSTPEAQ#0
$0.025
24H -1.4%7D -18.0%30D +44.4%
BLOCKINSIDERLoading| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| MachineX | 0XE5330A9FBA99504C534127D39727729899C9A506/0X3CD66D2E1FAC1751B0A20BEBF6CA4C9699BB12D7 | $73.47 | 0.61% | TRADE |
Top 1 exchanges by 24h trading volume. BlockInsider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
wstPEAQ is a wrapped version of stPEAQ (interest bearing token). When wrapping stPEAQ, one will obtain a corresponding amount of wstPEAQ. The amount of wstPEAQ obtained from the wrapping corresponds to the amount of underlying shares of stPEAQ.
Although stPEAQ’s rebasing mechanism allows a constant change in balance to reflect rewards, most DeFi applications require a constant balance mechanism for tokens. Thus wstPEAQ allows a seamless integration into popular DeFi protocols in various ecosystems..
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