stSOMM

Stride Staked SOMM price
StSOMM
#170

$0.01831  

8.48% (1d)

Stride Staked SOMM to USD Chart

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Stride Staked SOMM statistics

Market cap
$19.15K

8.48%

Volume (24h)
$629.13

1994.41%

FDV
$19.15K
Vol/Mkt Cap (24h)
3.28%
Total supply
1.04M stSOMM
Max. supply
Circulating supply
1.04M stSOMM
stSOMM to USD converter
stSOMM
USD
Price performance
24h 
Low
$0.01688
High
$0.02065
All-time high
Mar 13, 2024 (9 months ago)
$0.2525
-92.75%
All-time low
Nov 14, 2024 (1 month ago)
$0.01436
+27.57%
See historical data


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Stride Staked SOMM Markets

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About Stride Staked SOMM

stSOMM is the token received in exchange for staking SOMM with Stride. SOMM is the native token of the Sommelier project. Sommelier is the prominent DeFi strategy protocol in the Cosmos Ecosystem. By staking SOMM with Stride, users can mint stSOMM, which are redeemable for SOMM at a 1:1 ratio, subject to the unbonding period on the Sommelier blockchain. Stride currently supports liquid staking SOMM on its mainnet, which launched in late July 2022. With stSOMM, users can retain liquidity in their staked tokens while also earning staking rewards. stSOMM can be staked now on Stride at app.stride.zone.

Stride is a multichain liquid staking zone (appchain) in the Cosmos Ecosystem. Stride allows users to stake any IBC-compatible tokens, and receive stTokens in return, which are redeemable for the original token at a 1:1 ratio. By staking their tokens using Stride, users will be able to earn staking rewards, while also retaining liquidity in the form of stTokens, which will allow them to take advantage of Cosmos DeFi and pursue more yields there.

 
 
 
 
 
 

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