The StakeLayer is a comprehensive yield aggregator designed primarily for BTC (WBTC, BTCB), ETH, and stablecoins like USDT/USDC. Its core functionality revolves around a system of vaults enabling users to stake funds and receive staked tokens (e.g., sWBTC, sBTCB) in return. Additionally, the project incorporates secondary vaults for staking these staked tokens, facilitating the aggregation of yield. Complementing this architecture is a strategy manager backend responsible for identifying the most lucrative yield-generating investments.
StakeLayer Price Analysis
As of December 3 2024 StakeLayer has a marketcap of $7.1M.
This is {{percentagefromath}} from its all time high of $0.01489462.
In terms of its tokenomics, there's a total supply of 4.2B with 100% currently outstanding.
Keep in mind StakeLayer has a fully diluted value of $7.1M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
