STAKE
STAKE Price
How is the price of STAKE (STAKE) calculated?
The price of STAKE (STAKE) is calculated in real-time by aggregating the latest data across 4 exchanges and 4 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
STAKE Price Chart (STAKE)
1h | 24h | 7d | 14d | 30d | 1y |
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0.0% | 0.9% | 0.9% | 4.0% | 1.2% | 41.0% |
STAKE Converter
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$208,547 |
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.21 |
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$987,861 |
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$9.83 |
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
1,848,181
|
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
8,754,613 |
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
8,754,613 |
STAKE Historical Price
24h Range | $0.1119 – $0.1141 |
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7d Range | $0.1093 – $0.1142 |
All-Time High |
$43.00
99.7%
Feb 21, 2021 (over 3 years)
|
All-Time Low |
$0.004781
2263.8%
Sep 12, 2023 (about 1 year)
|
How do you feel about STAKE today?
What is xDAI STAKE?
xDAI STAKE (STAKE) is one of the two native tokens for the xDAI Chain. It is used for validators to stake into the xDAI chain, validate the transactions, and secure the chain. The other native token for the xDAI Chain is xDAI.
What is the xDAI Chain?
xDAI Chain is an Ethereum sidechain but uses a different consensus algorithm: Proof of Stake (PoS) and Proof of Stake DAO (POSDAO).
xDAI is a Layer 2 scaling solution and is compatible with Ethereum. It is designed to be more efficient than Ethereum, with higher transaction throughput (70 transactions/second) and has a much lower transaction fee.
On the xDAI chain, they are two native tokens:
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xDAI
xDAI is created 1:1 with Ethereum’s DAI token and bridged to the xDAI Chain. xDAI is a stablecoin that aims to have a $1 price peg and is primarily used as a transaction payment token. The benefit of using xDAI on the xDAI Chain instead of DAI on Ethereum is that transaction fee are significantly lower. -
xDAI STAKE (STAKE)
STAKE is a separate token from xDAI, and unlike xDAI, its value is market-driven.
STAKE has two primary purposes on the xDAI chain:
Staking - Validators require STAKE tokens to stake on the xDAI Chain protocol. They validate xDAI Chain transactions and produce blocks accordingly. For their efforts, validators will receive additional STAKE tokens as rewards.
If they do not validate honestly, validators will be banned from the protocol for 90 days. Their staked tokens will be locked, and they cannot withdraw their tokens. For more information on how to become a validator, you can refer here.
STAKE token holders can stake or delegate their tokens to validators of their choice to run the nodes. Stakers will earn a reward in return.
Governance - STAKE token holders can create and vote on governance proposals that will affect the direction of the xDAI protocol.
A brief history of xDAI STAKE
Proof of Authority’s tech lead, Igor Barinov, first came out with the idea for xDAI Chain in 2018 and the chain went live the same year.
What is POSDAO?
POSDAO is a Proof-of-Stake (PoS) algorithm implemented as a Decentralized Autonomous Organization (DAO). A group of validators is chosen to participate in consensus. Each staking epoch lasts for one week.
All validators will receive the same block reward if they are included in the validators group during that staking epoch.
The validators group is selected based on the number of stakes they have in their pool. The higher they have, the more likely they are to get selected. This selection process is similar to Delegated Proof of Stake (DPoS). However, the selection is not guaranteed with the added element of randomness.
Where can I obtain STAKE?
There are several ways to buy STAKE. You may buy it on Ethereum decentralized exchanges such as Uniswap, Balancer, and Sushiswap.
Alternatively, you may also buy it on Honeyswap, a decentralized exchange on the xDAI chain.
Kindly note that STAKE on Ethereum is an ERC-20 token. STAKE on the xDAI chain is not an ERC-20 token and thus will have a different contract address.
How can I stake my STAKE token?
You can stake your STAKE tokens on either the Ethereum or xDai chain.
Staking STAKE token on Ethereum
You can easily stake your STAKE token via a dApp tool called EasyStaking. There is no minimum required amount of STAKE to participate. The duration of your staking and the total supply of STAKE will determine your staking rewards.
The rewards earned are only up to 15% APR and shared between the stakers on EasyStaking and the liquidity providers who provide liquidity to Uniswap.
Staking STAKE token on xDAI Chain
You can stake your STAKE token directly on the xDAI chain via POSDAO, a staking dApp integrated with its block explorer, Blockscout.
You can either run a node as a validator or delegate your tokens to other validators. You will need a minimum of 20,000 STAKE to validate or 200 STAKE to delegate. Similar to staking on the Ethereum chain, you can earn up to 15% APR.
However, the rewards may be less if the delegation share reaches more than 70% of a validating node.
To know more information on which chain will earn you more rewards when staking, kindly refer to the document here, and you can also refer to the tutorial here.
Where can you buy STAKE?
STAKE tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade STAKE is Honeyswap, where the most active trading pair STAKE/XDAI has a trading volume of $5.11 in the last 24 hours. Other popular options include Sushiswap (xDai) and Uniswap V2 (Ethereum).
What is the daily trading volume of STAKE (STAKE)?
The trading volume of STAKE (STAKE) is $9.83 in the last 24 hours, representing a 68.50% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for STAKE (STAKE)?
The highest price paid for STAKE (STAKE) is BTC0.003498, which was recorded on Feb 21, 2021 (over 3 years). Comparatively, the current price is -99.70% lower than the all-time high price.
What is the all-time low for STAKE (STAKE)?
The lowest price paid for STAKE (STAKE) is BTC0.061440, which was recorded on Sep 12, 2023 (about 1 year). Comparatively, the current price is 2,263.80% higher than the all-time low price.
What is the market cap of STAKE (STAKE)?
Market capitalization of STAKE (STAKE) is BTC3.3244 and is ranked #3971 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of STAKE tokens (1.8 Million tokens are tradable on the market today).
What is the fully diluted valuation of STAKE (STAKE)?
The fully diluted valuation (FDV) of STAKE (STAKE) is BTC15.7473. This is a statistical representation of the maximum market cap, assuming the maximum number of 8.8 Million STAKE tokens are in circulation today. Depending on how the emission schedule of STAKE tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of STAKE compare against its peers?
With a price increase of 1.10% in the last 7 days, STAKE (STAKE) is underperforming the global cryptocurrency market which is up 2.40%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 3.90%.
How to add STAKE (STAKE) to MetaMask?
Adding STAKE (STAKE) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import STAKE as a token. You can copy STAKE’s contract address (0x0ae055097c6d159879521c384f1d2123d1f195e6) and import it manually, or if you've installed MetaMask's chrome extension, add STAKE to MetaMask with one click on CoinGecko.
Add STAKE to MetaMask.