CryptoCurrencies
900
 Total Market Cap
2,968,227,702,223
 Volume 24h
129,519,612,345
 Dominance
BTC 64.57%   ETH 11.20%   XRP 5.05%   USDT 4.80%

Restaked sAVAX
RSAVAX

29.65
$
2.07 %
Change 24h
Market Cap
$ 2,437,420
Volume 24h
$ 88,044
Circulating Supply
82,230
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.