What is Beets Staked Sonic (STS)?
stS is a liquid-staked token that users receive when they stake S on the Beets platform. The value of stS naturally appreciates in relation to S thanks to native network staking rewards from validator delegation being automatically compounded within the token. Due to the management of underlying nodes, validators earn 15% of the overall stS staking rewards. Beets also takes a 10% protocol fee on the rewards after the validator fees. The APY displayed on the UI is the APY the user receives (all fees have been subtracted automatically).
How does Beets Staked Sonic work?
To stake, users simply need to head to the stS page and select how much S they wish to deposit. As an alternative to staking, users can swap out of stS on DEXs by swapping their stS for S on the Swap Page.
Where can you buy Beets Staked Sonic?
Beets Staked Sonic (STS) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for STS sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting STS, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Beets Staked Sonic (STS)?
The reported 24-hour trading volume of Beets Staked Sonic is $61.47K. Volume is a live reading of how much STS changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.