The current real-time price of STFLIP is --. In the past 24 hours, STFLIP has traded between $0 and $0, showing strong market activity. The all-time high of STFLIP is --, and the all-time low is --.
From a short-term perspective, the price change of STFLIP over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is --. These figures provide a quick overview of the latest price trends and market dynamics of STFLIP on LBank.--
The live price of STFLIP today is --, with a current market cap of --. The 24-hour trading volume is --. The price of STFLIP to USD is updated in real time.
Before deciding whether to buy or sell STFLIP, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s STFLIP technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for STFLIP.
How much will STFLIP be worth tomorrow, next week, or next month in ? What about your STFLIP assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! STFLIP Price Prediction
To learn more about STFLIP, consider exploring other resources such as the whitepaper, official website, and other published information:
stFLIP is a liquid staking token designed for the Chainflip network. It enables FLIP token holders to stake any quantity of their tokens and start earning protocol rewards instantaneously, all without the need to lock up their underlying assets. This flexibility allows users to maintain liquidity while participating in the network's staking ecosystem.
When FLIP holders stake their tokens, they are issued an equivalent amount of stFLIP in return. This stFLIP automatically grows in quantity within their wallet. This growth reflects the protocol rewards that accrue to the underlying validators, after a service fee is deducted. Staked FLIP is utilized by Thunderhead on validators for the Chainflip network, verifiable through proof of reserves. This liquid token can be freely transferred or integrated into various decentralized finance applications.
Rewards for stFLIP holders originate from the activities of the underlying validators supporting the Chainflip network. These protocol rewards are dynamic and can fluctuate. stFLIP holders receive these earned rewards, with a 22% service fee being deducted by Thunderhead for the staking service provided.
Key risks include potential smart contract security vulnerabilities, despite the code being open-sourced, audited, and protected by a bug bounty program. Another significant risk is slashing, which occurs if Chainflip validators go offline or behave maliciously. In such cases, a portion of the staked FLIP can be penalized by the Chainflip blockchain, impacting the underlying assets backing stFLIP.
Yes, stFLIP distinguishes itself as the first Liquid Staking Token that provides governance rights to its holders. This empowers stFLIP holders with the ability to participate in crucial network decisions, including the right to veto proposals. For example, they can object to the onboarding of new operators into the Chainflip network, ensuring a more decentralized and community-driven oversight.
stFLIP is backed by staked assets, and the redemption process can take several hours. This inherent illiquidity can occasionally cause stFLIP to trade at a discount compared to native FLIP. Conversely, periods of high demand for stFLIP might lead to it trading at a premium. Market participants, known as arbitrageurs, typically work to restore this price parity. Importantly, stFLIP can always be redeemed for native FLIP on a 1:1 basis through the unstaking mechanism.
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