Ankr Staked ETHankreth

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Market Rank

#301

Based on Market Cap

What is Ankr Staked ETH

ETH Liquid Staking with Ankr

Ankr Staking offers Ethereum token holders the opportunity to stake ETH and, in return, claim ETH Liquid Staking tokens — ankrETH. ankrETH also offers instant liquidity for your staked ETH, enabling you to connect ankrETH with DeFi platforms and earn several more layers of rewards.

ankrETH is a reward-bearing token, meaning that the fair value of 1 ankrETH token vs. ETH increases over time as staking rewards accumulate inside the token.

Benefits

- Generate Multiple Layers of Rewards: Use ankrETH on DeFi platforms to enable you to multiply your earning potential in APY on top of your staking rewards!

- Low Impermanent Loss: Contributing ankrETH for liquidity with tokens like ETH means a low risk of impermanent loss, expanding the upside of providing liquidity for a more stable and profitable experience.

- Compound Your Staking Rewards: Your staking rewards will compound daily as the value of ankrETH in your wallet increases vs. ETH.

- Support & Secure Ethereum: Staking ETH directly supports the Ethereum network and helps validate transactions. Ankr’s staking system distributes staked tokens intelligently across the Ethereum ecosystem to achieve optimal decentralization.

- Elastic Supply: Users can trade their ankrETH tokens for their staked ETH anytime.

Ankr Staked ETH vs Stoic

It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.

There is no guarantee that In 5 years, ANKRETH would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of ANKRETH might derail its progress.

Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including ANKRETH.

Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.

The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.

Over 12,000 people already use Stoic to automate their crypto investing.

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