Staked Aurora

What is the product about? Staked Aurora (stAUR) is the first native Liquid Staking token for the Aurora Protocol. It is a self-accruing token that allows users to earn staking rewards for the Aurora Protocol. The token provides a more flexible and convenient way for Aurora token holders to stake their assets and generate rewards, increasing liquidity and capital efficiency in the Aurora ecosystem. What can the token be used for? The staked Aurora (stAUR) token can be used for fast unstaking, which allows token holders to immediately access their staked assets and rewards with a 2% fee. It can also be used as collateral for loans or to participate in various decentralized finance (DeFi) applications on the Aurora blockchain. Additionally, stAUR can be traded on decentralized exchanges, allowing users to buy, sell, and exchange stAUR for other cryptocurrencies or assets.