Restaked sAVAX
ProjectavalancheAvalanche EcosystemRestakingLiquid Restaking Tokens
About
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.
RSAVAX/USDT
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History
2024
Feb 20, 2024product launchmajor
rsAVAX Launch
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