STZEN meaning in Cryptocurrency ?

Cryptocurrency Miscellaneous in Cryptocurrency . 1 month ago

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StakedZEN ($stZEN) is an ERC-20 token that allows you to access Ethereum-based ecosystem while earning Horizen Node rewards at the same time. stZEN enables the full integration of ZEN, Horizen's native cryptocurrency, into Ethereum's ecosystem of decentralized exchanges, crypto lending services, prediction markets, and other DeFi applications. stZEN is a 1:1 representation of ZEN staked with StakeHound, allowing stZEN holders to automatically receive Horizen node rewards without minimum staking requirements or locking requirements.

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Posted on 22 Nov 2024, this text provides information on Cryptocurrency related to Miscellaneous in Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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