Liquid Staked TAO
XTAO #4920Project Safety Score: 21%
Updated 3 hours, 46 minutes ago& Market
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xTAO is the receipt token that users receive when they stake their $TAO via Project Rubicon. It represents their staked position and accrues the interest from the validator staking rewards.
Users can unwind their position by exchanging their xTAO tokens for the underlying $TAO. The xTAO price increases over time as more rewards are accrued from validator rewards.
We give users the ability to stake their $TAO, while remaining liquid.
Please provide a clear and concise description of the project (eg. purpose, function, utility etc). Vague or "shilly" description will result in listing DELAYS and/or REJECTION. Minimum 400 characters.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
