Staked TRXPrice

(STRX)

Staked TRX (sTRX) is a derivative token representing TRX that has been locked in the TRON network's validation process. It enables users to earn staking rewards while retaining liquidity, a key distinction from traditional staking where assets are typically illiquid. Holding sTRX signifies your underlying TRX is contributing to network security and earning rewards.

sTRX facilitates "liquid staking," allowing users to stake their TRX and receive sTRX tokens in return, earning high yields. Its primary benefits include double yield potential—from both staking rewards and potential sTRX token appreciation. Crucially, it offers enhanced liquidity, meaning sTRX can be traded on various cryptocurrency exchanges even while the original TRX remains staked, providing flexibility that traditional staking often lacks.

While some platforms offer flexible staking, unstaking TRX typically involves an unbonding or lockup period. For example, some wallet providers note a 14-day unbonding period. Other sources mention lockup periods around 72 hours on certain platforms or a 14-day waiting period after an "Unfreeze" transaction on the Tron blockchain itself. During these periods, the staked TRX cannot be transferred or used.

Staking inherently carries risks. While generally secure, using custodial platforms introduces risks if the exchange or service provider encounters issues. Non-custodial wallets offer greater security as users retain direct control over their assets. Other considerations include market volatility, the potential need for immediate access to funds which are locked during staking, and the technical aspects of properly securing staked assets against potential exploits or user errors.

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