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Restaked sAVAX RSAVAX
RSAVAX
25.85
$
1.09 %
Change 24h
Market Cap
$ 2,530,660
Volume 24h
$ 42,444
Circulating Supply
97,909
Total Supply
104,547
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.