Restaked sAVAX RSAVAX
RSAVAX
22.63
$
7.50 %
Change 24h
Market Cap
$ 2,693,091
Volume 24h
$ 4080.7
Circulating Supply
119,017
Total Supply
138,373
RSAVAX
$
| # | Exchange | Pair | Price | Volume 24h |
|---|
Description
rsAVAX is restaked sAVAX, allowing users to benefit from native sAVAX yield as well as rewards for providing crypto-economic security to Avalanche L1s.
Users deposit sAVAX and receive rsAVAX at a 1:1 ratio. Yield Yak then acts as a curator on Suzaku's restaking marketplace, deploing sAVAX as collateral to Avalanche Operators and Avalanche L1s, in exchange for rewards. These rewards are compounded into the value of rsAVAX.