Details about Lido Staked Matic cryptocurrency
€352,167
560,770
5.19
Unknown
https://polygon.lido.fi/
@lidofinance
2956970x
€2110670
Lido Staked Matic price charts
STMATIC exchanges
Lido Staked Matic, the crypto
Lido Staked Matic (STMATIC) is a token representing staked MATIC in the Lido Protocol. The Lido Protocol is a decentralized finance (DeFi) solution that enables token holders to earn staking rewards without the need for technical knowledge or infrastructure.
The point
The main point of Lido Staked Matic (STMATIC) is to enable MATIC token holders to participate in staking and earn rewards on their holdings, without the need for technical expertise or infrastructure.
The problem
Lido Staked Matic (STMATIC) aims to solve the problem of accessibility to DeFi products by providing a simple and secure way for MATIC token holders to earn staking rewards. Lido makes staking accessible to a larger audience, reducing the barriers to entry and democratizing access to the benefits of DeFi. Furthermore, Lido allows staked tokens to remain liquid, enabling users to trade or use them in other DeFi protocols without sacrificing their staking rewards.
Compare STMATIC and BTC performance
| Timeframe | STMATIC | BTC |
|---|---|---|
| 1h change | 0.644997 % | -0.549765 % |
| 24h change | 2.29 % | -1.83904 % |
| 7 day change | -10.97 % | -5.42791 % |
| 14 day change | -22.54 % | -5.02398 % |
| 30 day change | -28.99 % | -3.47658 % |
| 200 day change | 22.01 % | 126.537 % |
| Year change | -33 % | 126.622 % |