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Restaked sAVAX
rsavax
$17.16+ 0.53%24h
Market Cap (USD)
$1,447,352.00
Circulating Supply
84,346.722
About Restaked sAVAX
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.