Home
Prices
WSTKSM
coin icon

Lido on Kusama Price

(WSTKSM)

Note: This cryptocurrency has not yet been officially listed on KuCoin TR.

--

Lido on Kusama (WSTKSM) Live Price Chart

    How do you feel about WSTKSM today?

    Note: This data is for reference only.
    pk

    WSTKSM(WSTKSM) Profile

    altRank--
    rate--
    Expand arrow icon
    --
    --
    ATH
    $194.22091201
    Price Change (1h)
    --
    Price Change (24h)
    --
    Price Change (7d)
    --
    Market Cap
    --
    24h Volume
    --
    Circulating Supply
    --
    Max Supply
    --

    About WSTKSM

    • How can I buy Lido on Kusama (WSTKSM)?
      Buying WSTKSM on KuCoin TR is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Lido on Kusama (WSTKSM) for more information.
    • Coin description

      Lido KSM Liquid Staking Protocol, built on the Kusama chain, allows their users to earn staking rewards on the Kusama chain without locking KSM or maintaining staking infrastructure.

      Lido on Kusama make KSMs liquid while staking. It ensures maximized yield and availability of staking and makes leverage options possible while being decentralized and secure. Users can deposit KSM to the Lido smart contract and receive stKSM or wstKSM tokens in return. Unlike KSM staked directly on the Kusama network, the stKSM and wstKSM tokens are free from the limitations associated with the lack of liquidity and can be transferred at any time. The stKSM and wstKSM token balances corresponds to the amount of the Kusama chain KSM that a holder can withdraw. 

      That becomes possible because of permissionless validator node selection and dynamic reallocation algorithms along with slashing hedging deployed on Moonbeam parachain and empowered by XC-20 cross-chain token standard. wstKSM is a wrapped version of stKSM. Due to the nature of Lido, the amount of stKSM on your balance is not constant — it changes daily as staking rewards come in. As some DeFi protocols require a constant balance mechanism for tokens, wstKSM keeps your balance of stKSM fixed and uses an underlying share system to reflect your earned staking rewards.

    FAQ

    • What is the all-time high price of Lido on Kusama (WSTKSM)?

      The all-time high price of Lido on Kusama (WSTKSM) is 194.22. The current price of WSTKSM is down -- from its all-time high.

    • How do I store Lido on Kusama (WSTKSM)?

      You can store your Lido on Kusama in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your WSTKSM include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.