Stader sFTMXsFTMX Price

sFTMX is a liquid token that you get when you stake your FTM with Stader. The sFTMX tokens are a representation of your staked FTM. They allow you to swap them at a later date for your staked FTM and accrued rewards with Stader. Meanwhile, you will be able to use it on multiple protocols on Fantom to participate in DeFi.

What are the top highlights of sFTMX?

• ~13.5%+ APY: sFTMx will deliver maximum staking rewards, typically reserved for 365 day lock-ins, while also allowing for instant liquidity on DEXs
• Max DeFi interoperability: sFTMx’s cToken design allows for easy integration with all types of DeFi prtocolos — from DEXs to Lending/ Borrowing protocols to Yield Optimizers (from vaults to auto-compounders to leveraged yield farming). This means the staking rewards are only the beginning of sFTMx’s potential
• Decentralization: When you stake with Stader, your assets are automatically distributed across a carefully chosen set of validators. This furthers Fantom decentralization while minimizing slashing risks.