Buy Ankr Eth2 Reward Bearing Bond (AETHC)
What is Ankr Staked ETH?
Ankr Staked ETH (ANKRETH) is a reward-bearing token that represents Ethereum (ETH) staked through Ankr's staking platform. It enables users to stake their ETH to secure the Ethereum network while maintaining liquidity. This allows participants to engage with decentralised finance (DeFi) platforms and earn additional rewards on top of their staking returns.
How does Ankr Staked ETH work?
Ankr Staked ETH operates on the Ethereum blockchain, utilising the Proof of Stake (PoS) consensus mechanism. When users stake their ETH via Ankr, they receive ANKRETH tokens. These tokens represent their staked ETH and can be used within DeFi protocols to earn additional rewards. The system ensures that staking rewards are compounded daily, and ANKRETH tokens can be exchanged back for ETH, providing instant liquidity.
What are the potential use cases for Ankr Staked ETH?
ANKRETH can be used across various DeFi protocols for yield farming, participating in liquidity pools, and trading. It offers low impermanent loss when paired with tokens like ETH in liquidity pools, and users can compound their yields through vaults. It also enables cross-chain activities through Ankr's bridging capabilities, facilitating a wide range of financial actions like trading, transferring, and staking across different platforms.
What is the history of Ankr Staked ETH?
Ankr Staked ETH is inherently linked to Ankr's mission to decentralise the internet using distributed ledger technology. Founded in 2017 by Chandler Song, Ryan Fang, and Stanley Wu, Ankr launched its mainnet in 2019 and developed the Stkr protocol in 2020 to facilitate Ethereum staking with liquid staking solutions. This protocol marked a major milestone, enabling users to stake ETH and receive aETH (now ANKRETH), enhancing liquidity while supporting the Ethereum network. Ankr's services have expanded to include a wide array of blockchain networks and DeFi platforms.
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Frequently Asked Questions (FAQs)
What is the current price of Ankr Eth2 Reward Bearing Bond (AETHC)?
The Ankr Eth2 Reward Bearing Bond price is $6554.7 AUD, representing a +4.94% from the day prior.
Where is the best place to buy Ankr Eth2 Reward Bearing Bond (AETHC) in Australia?
The best place to buy Ankr Eth2 Reward Bearing Bond (AETHC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Ankr Eth2 Reward Bearing Bond (AETHC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Ankr Eth2 Reward Bearing Bond (AETHC)?
The trading volume of Ankr Eth2 Reward Bearing Bond (AETHC) is $248.1K AUD in the last 24hrs, representing a +4.94% from the day prior.
How can I buy Ankr Eth2 Reward Bearing Bond (AETHC)?
Ankr Eth2 Reward Bearing Bond (AETHC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Ankr Eth2 Reward Bearing Bond (AETHC)?
The current market cap of Ankr Eth2 Reward Bearing Bond (AETHC) is $74.7M AUD.
Can I convert Ankr Eth2 Reward Bearing Bond (AETHC) to cash?
Yes - With Coinstash you can convert your Ankr Eth2 Reward Bearing Bond (AETHC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Ankr Eth2 Reward Bearing Bond (AETHC) are there?
The current circulating supply of Ankr Eth2 Reward Bearing Bond (AETHC) is 11.7K.
Is Coinstash a safe place to buy Ankr Eth2 Reward Bearing Bond (AETHC) in Australia?
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