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$sS Token Overview

PreviousHow SupraFi WorksNextStaking and Unstaking $S

Last updated 5 months ago

The $sS token is the backbone of SupraFi’s liquid staking ecosystem. Designed to grow in value automatically as staking rewards are compounded, $sS allows users to enjoy the benefits of staking without sacrificing liquidity. Explore how $sS seamlessly integrates into DeFi while offering secure and decentralized returns.

sS Token Overview

The $sS token is SupraFi’s liquid-staked token, designed to combine staking rewards with DeFi flexibility.

  • Exchange Rate: At inception, the $sS exchange rate to $S is initialized at 1:1. Over time, the exchange rate increases as staking rewards accrue.

  • Utility: sS can be used across DeFi platforms without interrupting staking rewards, unlocking new opportunities for users.

  • Security: Staked $S is delegated to a diversified set of validators, reducing the impact of validator slashing.