Stader MaticX MaticXPrice $ 0.206

MaticX is a liquid token that users get when they stake Matic with Stader. The MaticX tokens represent their staked Matic. They allow users to swap them at a later date for their staked Matic and accrued rewards with Stader. As the Matic rewards get added the value of MaticX increases. Meanwhile, users will be able to use it on multiple protocols on Polygon to participate in Defi opportunities.

The liquid token MaticX unlocks the following benefits for users:

• ~8.5% APY: MaticX will deliver staking rewards of ~8.5% APY

• Defi Interoperability: MaticX’s token design allows for easy integration with all types of Defi protocols — from DEXs to Lending/borrowing protocols to yield optimizers

• Contribute to Polygon’s decentralization by delegating to multiple, carefully chosen validators in a single click.