Ankr Staked ETH (Arbitrum)
ankrETH
ankrETH is a tradeable receipt of ETH locked through Ankr Staking to secure the Ethereum network. ankrETH is a reward-bearing token that accrues value from staking yield.
Risk Rating
Best
$3,375.76
1.08%
Summary
Information
Blockchain
- Arbitrum
Info
- Contract address
- Website
- Community
- Source Code
- Discord
- Telegram
- Asset Type: ERC-20
Key Metrics
- Market Cap: $57.3M
- Fully Diluted Valluation: $57.3M
- FDV / MC: 1
- Ranking inside Exponential (excluding stables): #73
- Circulating Supply: 16,960
- Total Supply: 16,960
- Volume (24H): $23.5K
- ATH: $4,733.13 (11/26/2021)
- ATL: $534.32 (12/24/2020)
Risk Assessment
Best
Asset Strength
ankrETH is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Ankr and Arbitrum bridge, which are protocols rated as Average and Best, respectively.
Asset Tokenomics
ankrETH has an uncapped supply but has inflation control or burn mechanisms in place. ankrETH is backed 1:1 by ETH staked on the Ethereum blockchain. The asset accrues staking rewards automatically. ankrETH can trade at a discount to 1 ETH as it is less liquid, has less utility (cannot be used to pay for gas fees), and has more technical risk (Ankr smart contract bugs).
Dependencies
Ankr
Arbitrum Bridge
Things to know about ankrETH
ankrETH Pools
