Cryptocurrency Q&A
How much TIA is staked?
How much TIA is staked?
Martina
Sat May 25 2024
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6 answers
1383
Could you please elaborate on the amount of TIA that has been staked so far? I'm curious to know if there's a significant portion of the total supply that's currently locked up in staking contracts. It would also be helpful to understand the reasons behind staking TIA and how it benefits the network or its holders. Additionally, are there any incentives or rewards associated with staking TIA? Finally, is there a way to track the staking activity and see how it's evolving over time? Thank you for your insights.
6 answers
HanjiHandiwork
Mon May 27 2024
Thirty days prior, Celestia boasted a reward rate of 11.42%. This figure represented the incentive offered to participants staking their tokens.
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KpopStarlet
Mon May 27 2024
In comparison, the total asset market cap of Celestia stands at $1.7 billion. This broader metric encapsulates the overall value of the cryptocurrency, including both staked and unstaked tokens.
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Raffaele
Mon May 27 2024
Today, however, the staking ratio has shifted significantly, standing at 68.49%. This percentage indicates the proportion of eligible tokens currently being staked.
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EtherealVoyager
Mon May 27 2024
Specifically, a total of 124.8 million Celestia tokens are currently staked. This substantial number underscores the widespread adoption and confidence in the staking mechanism.
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benjamin_stokes_astronomer
Mon May 27 2024
Consequently, the staking market cap of Celestia has reached $1.2 billion. This figure represents the total value of staked tokens, reflecting their potential earnings and market appeal.
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