FAQs
Last updated
Last updated
Q: What is liquid staking?
A: Liquid staking allows you to stake your STRK tokens while receiving a tradeable token (xSTRK) that represents your staked assets, providing both staking rewards and access to liquidity.
A: xSTRK offers liquidity, faster unstaking in normal conditions and no staking/redemption fees, unlike native STRK staking which locks tokens for 21 days during unstaking.
Q: How does the value of xSTRK gradually increase over time?
A: xSTRK automatically accumulates staking rewards, increasing its value over time compared to STRK. This is called "Automatic Reward Accrual". Staking rewards are reinvested, allowing for compound growth. xSTRK token's value grows to reflect these compounded rewards.
Exchange Rate: As rewards accrue, the exchange rate between xSTRK and STRK increases. For example, 1 xSTRK might equal 1.1 STRK after a period of staking.
Constant Balance with growing value: While your xSTRK balance remains the same, its value in STRK increases over time.
A: There are no fees on your stake or redemption amount. However, a performance fee of 15% is charged on the rewards earned, which is shared between Node operators and LST. Also, we're going to have a for first 6 months.
A: Redeeming xSTRK typically takes anywhere from a few hours to 1–2 days under normal circumstances. However, In rare and extreme cases, it can take longer. Read more .
A: Our smart contracts have undergone an audit and you can check out there report in the . However, as with all DeFi protocols, there are inherent risks users should be aware of.