Stacy Staked XTZ
STXTZProject Safety Score: 10%
Updated 3 weeks, 3 days ago& Market
Credibility
Behavioral
Mechanics
Distribution
stXTZ is a derivative of Tezos' native token XTZ that is staked on Stacy.fi. Stacy.fi is a decentralized protocol allowing users to stake XTZ and participate in the consensus mechanism of Tezos. Staking helps to secure the Tezos network under a proof-of-stake consensus mechanism. stXTZ is FA2 compliant token on Tezos which represents a share of the stXTZ staking pool. stXTZ has a value expressed in XTZ which can easily be calculated by dividing the sum of all staked XTZ in the stXTZ pool by the total supply of stXTZ.
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.