Details about StaFi Staked ETH cryptocurrency
€22
2,556
1
Unknown
https://www.stafi.io/
@Stafi_Protocol
143454x
€464522000
StaFi Staked ETH price charts
RETH exchanges
StaFi Staked ETH, the crypto
StaFi Staked ETH (RETH) is a cryptocurrency that represents staked Ether (ETH) on the Ethereum blockchain. The token is created and managed by the StaFi protocol, a decentralized protocol that allows users to stake their ETH tokens and earn rewards without compromising on liquidity or security.
The point
The main point of StaFi Staked ETH (RETH) is to provide holders of staked ETH with a liquid token that can be traded, transferred, and used for other purposes while their staked ETH remains secured and earning staking rewards. This allows users to benefit from staking rewards without being locked into a long-term staking commitment.
The problem
StaFi Staked ETH (RETH) tries to solve the problem of illiquidity that often comes with staking cryptocurrencies like ETH. When users stake their ETH, they generally cannot access or trade it until the staking period is over. However, StaFi Staked ETH (RETH) allows users to enjoy the benefits of staking rewards without losing liquidity or access to their funds.
Compare RETH and BTC performance
| Timeframe | RETH | BTC |
|---|---|---|
| 1h change | 0 % | 1.00456 % |
| 24h change | 0 % | 0.313361 % |
| 7 day change | 5.1 % | 4.77707 % |
| 14 day change | -8.05 % | -8.09825 % |
| 30 day change | -8.87 % | -7.22448 % |
| 200 day change | 96.58 % | 127.217 % |
| Year change | 89.55 % | 133.126 % |