sKLAY is an ownership and liquidity token that is given through smart contracts for KLAY staked through KLAYstation, KLAY’s official staking tool, and can remedy liquidity limitations to grow Klaytn’s Decentralized Finance (DeFi) ecosystem. As a liquidity token that is based on the value of staked KLAY, sKLAY not only injects direct liquidity to the current Klaytn ecosystem, but also allows the holders of sKLAY to utilize their assets for a variety of revenue opportunities offered by Klaytn’s DeFi protocols while maintaining a staking position. At its core, sKLAY is a token that gives KLAY owners staking through KLAYSTATION the power to exercise rights over their staked assets. The reward that nodes receive after verifying blocks will be shared proportionally based on the amount of sKLAY held. Unstaking will also be based on sKLAY. sKLAY adheres to the KCT (Klaytn Compatible Token) standard, making transactions possible. This increases efficiency of assets by allowing withdrawals at any time without having to go through KLAY’s unstaking period (7 days). Note that while sKLAY acquired through delegating essentially has the same value as corresponding KLAY, sKLAY acquired through staking KLAY may have a different price at time of trading. This is due to the presence of a time-difference discount rate applied to the supply and demand of the market and the increase in conversion rate due to staking compensation. Considering KLAY’s value and volatility, sKLAY is a standout, reliable source of liquidity in the Klaytn network in terms of asset value. It particularly is of immense value to users who have been staking KLAY. With sKLAY, these users can take advantage of a variety of investment opportunities offered by DeFi services by additional asset input or liquidation of staked assets.
Daily trade volume is 16,589,768 VND.
The sKLAY price today in VND is 4975.8. Through the sKLAY price history, the price ranges from 110,000 VND (all time high) to 2,917.46 VND (all time low). sKLAY price last 24 hours fluctuated from 4,998.53 VND (24h high) to 4,930.57 VND (24h low).
Check the sKLAY value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://klaystation.io/
Block explorers: https://kaiascan.io/token/0xa323d7386b671e8799dca3582d6658fdcdcd940a
Twitter: https://twitter.com/Orbit_Chain/
sKLAY live price may differ in various exchanges. Check SKLAY real-time data to make informed decisions.
You can buy sKLAY on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell SKLAY at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT sKLAY trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of sKLAY and trade with REVENUEBOT in less than a second.
In short, only if the current value of sKLAY will be less than the value of sKLAY at the moment of selling in the future. The sKLAY chart can only assist the sKLAY value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current sKLAY value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the SKLAY supply. Check the sKLAY live chart to see the current supply and predict how long it will take for the coins to run out.
In this article, we will tell you what exchange tokens are, how you can get certain privileges when investing in them. Is it possible to reduce exchange commissions with their help, and also why they ...
Warren Buffett, a prominent major global investor, often says that bitcoin has no value because the coin does not produce anything. He has long criticized the first-ever crypto, calling it a “mirage” ...
In the world of finance, automation of the trading process on the markets is gaining more and more popularity. Here they are, two powerful tools that bring you closer to such a strategy – TradingView ...
A huge number of traders strive to find the best money management strategies possible to maximize their profits and thus minimize risks. One such method is called the Kelly criterion.
October 2024 has come to an end, and it’s time to talk about the most prominent news of the past month.
Check the current sKLAY value, check the converter, and set up your REVENUEBOT in the demo mode, it is all free!
