coinWTPOKT

Wrapped ThunderPOKT

0.52056835776USD+0.96%+0.96%As of: Nov 23, 08:14 UTC

Key Statistics

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Wrapped ThunderPOKT Converter

WTPOKT
=
USD

About Wrapped ThunderPOKT

Thunderhead’s wrapped tPOKT (wtPOKT) is tPOKT which is deposited into the tPOKT wrapper to create a new token called wtPOKT.Wrapping tPOKT creates a stable-balance, DeFi-compatible version of the tPOKT token which allows for easier integrations with DeFi protocols including Uniswap. One's tPOKT balance continously increases due to distributions of node rewards via rebase. This causes one's tPOKT balance to continously increase. Unfortunately, some DeFi protocols, like Uniswap v3, keep track of user's balances, which causes users to lose rebase rewards. These types of protocols require fixed-balance tokens for optimal usage. To achieve this, we created a fixed balance token for tPOKT let's you ""wrap"" your tPOKT into wtPOKT to keeps your token balance fixed. wtPOKT and tPOKT are interchangeable at any time, and earn the exact same rewards. The only difference is that one's wtPOKT balance will stay the same, but will be redeemable for more tPOKT, whereas one's tPOKT balance will just increase.
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Price Performance

1D
0.96%
7D
0.62%
30D
-1.39%
YTD
N/A
N/A
1Y
111.67%
Key Statistics
24H Range
Low$0.50084985935High$0.52056835776
24h Volume
292.17
Market Cap
0
Circulating Supply
N/A
Total Supply
171.9K
Rank
N/A
Market Cap Dominance
N/A
Max Supply
N/A
Fully diluted market cap
0.90666365
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
N/A
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