Stader is a leading player in the world of liquidity staking. It offers a powerful infrastructure for different blockchains. The innovative liquidity staking solution has achieved a peak TVL of over $1 billion on Terra 1.0.
The Strader platform provides a platform for staking crypto assets across multiple blockchains. NearX acts as the digital receipt for your NEAR tokens deposited in Stader.
Read on to discover all about NearX. We have analyzed the functionality, performance, price prediction, buying option, buying process, and credibility. Check out all the significant details of NearX.
What is NearX?
NearX operates on the NEAR protocol. When you stake NEAR on a smart contract of Stader, you will instantly receive an equivalent amount of NearX tokens. The value of the NearX is based on the currency exchange rate between the NearX and NEAR.
Stader smart contracts collect NEAR staking rewards automatically. They strategically reinvest them back into the staking pool within the set period. This process continues increasing the value of NearX over time. Compared to the original NEAR tokens you have deposited, the value increases.
| Market Cap | $20,762,929 |
| 24-hour Trading volume | $4.57 |
| Total Supply | 2,310,632 |
| Chains | Near Protocol Ecosystem, Aurora Ecosystem |
Key Indicators of NearX :
| Liquidity | Compared to traditional staking, NearX allows users to retain access to their staked assets through the NearX token. You can enjoy the benefits of staking while retaining flexibility. |
| Rewards | You can earn rewards without locking the NEAR. NearX allows you to retain access and liquidity to your staked assets. |
| Automatic Compounding | The smart contract of Stader handles the reward reinvestment. This allows the steady growth of NearX over time. |
| Flexibility | NearX offers the benefits of staking while you retain control over the assets. This allows you to explore various DeFi opportunities within the Aurora ecosystem, potentially increasing your returns. |
| APY | Through the NearX integrations, users will be able to earn supercharged APY. This can be incentivized across the majority of the DeFi protocols in the Aurora ecosystems. |
Price Prediction of NearX
Future price predictions can help you analyze the value of the crypto project. While writing this, the 24-hour trading volume of NearX is $4.57. Based on the market trajectory and other technical indicators, we have made the seven-year price prediction for NearX.
Check out the price prediction of NearX until 2030:
| Year | Minimum Price Prediction | Average Price Prediction | Maximum Price Prediction |
| 2024 | $0.01931 | $5.80 | $7.90 |
| 2025 | $0.06211 | $2.07 | $10.53 |
| 2026 | $0.08350 | $10.94 | $15.80 |
| 2027 | $0.1263 | $2.83 | $18.43 |
| 2028 | $0.1477 | $15.19 | $23.70 |
| 2029 | $0.1905 | $2.91 | $26.33 |
| 2030 | $0.2119 | $18.90 | $31.60 |
Where can you buy NearX?
NearX tokens are part of the Strader NearX ecosystem. You can easily buy and sell NearX on reliable decentralized crypto exchanges. The most popular option for trading NearX is Trisolaris. The most active trading pair of NearX is NEARX/WNEAR. Trisolaris had a trading volume of $2.26 for the past 24 hours.
You can also explore BuyUcoin for trading. You can compare the available options to pick out the most suitable exchange. Trust, reliability, and security are the major concerns before finalizing the exchange.
How to buy NearX?
If you have the investment budget ready, you can proceed with the buying of the NearX. Check out the steps for buying the NearX:
Step 1: Choose the most suitable crypto wallet.
Step 2: Create your account by providing your personal information and a strong password.
Step 3: Now, you can buy the base currency.
Step 4: Withdraw the base currency to your wallet.
Step 5: Choose a suitable exchange. Connect the crypto wallet to the exchange.
Step 6: You can now buy the NearX with the base currency.
Step 7: if you are unable to find NearX, look for its smart contracts.
After the steps are carefully completed, you can own the NearX.
Is NearX a credible investment option for you?
The launch of the NearX is a significant step towards the liquid staking on the NEAR protocol. NearX acts as the gateway to the world of DeFi. It is possible to earn staking rewards, access supercharged APY, and maintain control over your assets. As per the analysis, NearX appears to be a trustable investment option.
BlockGames, like any other crypto, is also subjected to the volatile nature of the crypto market. It is advised to do proper research about the project before investing.
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