What is Stacy Staked XTZ (STXTZ)?
stXTZ is a derivative of Tezos' native token XTZ that is staked on Stacy.fi. Stacy.fi is a decentralized protocol allowing users to stake XTZ and participate in the consensus mechanism of Tezos. Staking helps to secure the Tezos network under a proof-of-stake consensus mechanism. stXTZ is FA2 compliant token on Tezos which represents a share of the stXTZ staking pool. stXTZ has a value expressed in XTZ which can easily be calculated by dividing the sum of all staked XTZ in the stXTZ pool by the total supply of stXTZ.
Where can you buy Stacy Staked XTZ?
Stacy Staked XTZ (STXTZ) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for STXTZ 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.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for STXTZ. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.