Market Rank | #744 |
---|---|
Market Cap | $ 36.9M |
Volume 24h | $ 5.2K |
Circ. Supply | 12.8K |
Total Supply | 12.8K |
Max Supply | ? |
Ankr Staked ETH (ANKRETH) is a form of cryptocurrency developed by Ankr. It's designed to represent staked Ethereum assets on the Ankr platform. The aim of ANKRETH is to enable Ethereum holders to stake their assets and earn rewards, while still maintaining liquidity in their investments.
ANKRETH was created by the Ankr team with the primary goal of providing a solution to the liquidity issue facing Ethereum 2.0 staking. By creating ANKRETH, the Ankr team provides the opportunity for ETH holders to earn staking rewards while maintaining the freedom to move and use their staked assets.
ANKRETH stands apart from other cryptocurrencies owing to its unique functionality. As a representative token for staked Ethereum on the Ankr platform, ANKRETH offers its holders the ability to still transact with their staked ETH, offering a solution to the liquidity problem often faced in Proof of Stake networks.
Unlike some cryptocurrencies, ANKRETH cannot be mined. It is generated when users stake their ETH on the Ankr platform. The creation of ANKRETH tokens maintains the stability of the network and ensures that staked Ethereum remains liquid and transactable.
As of now, there are 12.8K ANKRETH in circulation.
The price of ANKRETH has increased recently by +1.15%, making the current price of ANKRETH $ 2,884.65.
The safest place to acquire ANKRETH is on any of the Hotbit where it is currently listed. These exchanges have been carefully vetted and deemed trustworthy by the cryptocurrency community.
ANKRETH can be securely stored in any Ethereum-compatible wallet. As with all digital assets, it's crucial to engage in proper security practices, such as using hardware wallets for significant amounts, never sharing private keys, and keeping updated with the latest security measures.
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