Restaked sAVAX
RSAVAX

28.86
$
1.84 %
Change 24h
Market Cap
$ 3,073,180
Volume 24h
$ 19,557
Circulating Supply
106,496
Total Supply
24,012
RSAVAX
$
Description
rsAVAX is restaked sAVAX, allowing users to benefit from native sAVAX yield as well as rewards for providing crypto-economic security to Avalanche L1s. Users deposit sAVAX and receive rsAVAX at a 1:1 ratio. Yield Yak then acts as a curator on Suzaku's restaking marketplace, deploing sAVAX as collateral to Avalanche Operators and Avalanche L1s, in exchange for rewards. These rewards are compounded into the value of rsAVAX.