Restaked sAVAX RSAVAX
RSAVAX
?
$
%
Change 24h
Market Cap
$ ?
Volume 24h
$ ?
Circulating Supply
27786
Total Supply
27,786
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.