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What is Wrapped Axelar?
Learn more about Wrapped Axelar and get live price data, news, history, and more.
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Wrapped Axelar
WAXL
Wrapped Axelar staking is not supported by Coinbase.
Staked
12%Staked
0%Unstaked
88%Unstaked
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*Ability to stake subject to location and rate subject to change.
Staking Wrapped Axelar
Staking Stats
Est. Reward Rate APY
39.73%
Reward Change 24H
+415.31%
Reward Change 30D
+443.84%
Asset Market Cap
$668.8M
Staking Market Cap
$79.2M
Tokens Staked
104.4M
Percent Staked
11.84%
Powered by Staking Rewards
Wrapped Axelar staking is on the rise this month.
The current estimated reward rate of Wrapped Axelar is 39.73%. This means that, on average, stakers of Wrapped Axelar are earning about 39.73% if they hold an asset for 365 days. 24 hours ago the reward rate for Wrapped Axelar was 7.71%. 30 days ago, the reward rate for Wrapped Axelar was 7.31%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 11.84%. In other words, there are 104.4M of Wrapped Axelar staked, which means that Wrapped Axelar has a staking market cap of $79.2M. This is compared to a total asset market cap of $668.8M.
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Benefits of staking Wrapped Axelar
Put your crypto to work
Staking can be a way of making your Wrapped Axelar work by generating rewards, rather than collecting dust in your crypto wallet.
Support the projects you like
Staking can also be a way to contribute to the security and efficiency of Wrapped Axelar. By staking some of your funds, you make the blockchain more resistant to attacks and strengthen its ability to process transactions.
It’s passive income
You can enroll with just a few clicks or when you join staking pools. While Wrapped Axelar is not available to stake on Coinbase, it is available to trade. Sign up to trade Wrapped Axelar today.
FAQ
How to stake Wrapped Axelar?
You can earn rewards for Wrapped Axelar through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
When can I start earning rewards with Wrapped Axelar?
You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.
What are the risks around staking Wrapped Axelar?
Staking requires your Wrapped Axelar to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your Wrapped Axelar. The lock up periods are defined by protocols and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase.
How much can I make staking Wrapped Axelar?
The current estimated reward rate of Wrapped Axelar is 39.73%. This means that, on average, you can earn about 39.73% for current block/epoc rewards for Wrapped Axelar.
How many Wrapped Axelar tokens are currently staked?
Currently, 104.4M are staked, which means that the staking market cap of Wrapped Axelar is $79.2M.
What percentage of Wrapped Axelar is currently being staked?
Of the available tokens, 11.84% is currently staked.
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