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Buy STAKE with Coinbase Wallet

STAKE can be traded using Coinbase Wallet, your key to the world of crypto.

About STAKE

The platform believes that the high congestion and gas prices of Ethereum have made it difficult for the system to work efficiently. The Gnosis Chain is a platform that aims to provide stable, low-cost transactions for all the projects and users. The platform offers a compatible chain for projects that require complex transactions or nano-transactions that are relatively expensive on the Ethereum network. The Gnosis Chain aims to scale infrastructure and chain parameter optimization and additional chain deployments to meet the capacity needs. As per the whitepaper, the platform utilizes a Proof-of-Stakealgorithm implemented as DAOto provide fair, energy-efficient, and decentralized consensus.

The platform utilizes two tokens: xDai for stable payments, transaction or gas fees, and STAKE token for staking, protocolprotection, and community governance. The STAKE token is utilized for voting, and the community members can create and vote on proposals associated with the improvements or changes users wish to see within the ecosystem6. The delegators and validators also utilize the STAKE token to secure the network. Users can participate in chain consensus by running validators nodes and delegators placing a stake on the nodes2. xDai is the native cryptocurrencyused within the ecosystem to pay for gas and transaction fees and is pegged to the US dollar.

The xDai stable chain was introduced in October 2018, and later in December 2021, the name was changed into Gnosis Chain with a token merger between STAKE and GNO tokens. The core development team of the platform includes Igor Barinov, who specializes in product and operations; Vadim Arasev, POSDAO, core protocol development expert; Ulyana Skladchikova, product manager; and Mojmir Racak, community manager.

Market

Market stats

Market cap

$1.3M

Volume (24h)

$2.20

Circulating supply

8.5M STAKE

All time high

$42.51

Market performance

Price change (1h)

+0.11%

Price change (1d)

+0.35%

Price change (1w)

+4.32%

Price change (2w)

+6.66%

Price change (1m)

-4.96%

Price change (1y)

-14.67%

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Coinbase Bytes

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STAKE is on the rise this week.

The price of STAKE has increased by 0.11% in the last hour and increased by 0.35% in the past 24 hours. STAKE’s price has also risen by 4.32% in the past week. The current price is $0.15 per STAKE with a 24-hour trading volume of $2.20. Currently, STAKE is valued at 99.65% below its all time high of $42.51. This all-time high was the highest price paid for STAKE since its launch.

The current circulating supply of STAKE is 8,460,044.341 STAKE which means that STAKE has as total market cap of 8,460,044.341.

FAQ

What is the current price of STAKE?

We update our STAKE to USD currency in real-time. Get the live price of STAKE on Coinbase.

What is the market cap of STAKE?

The current market cap of STAKE is $1.28M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of STAKE?

The all-time high of STAKE is $42.51. This all-time high is highest price paid for STAKE since it was launched.

What is the 24 hour trading volume of STAKE?

Over the last 24 hours, the trading volume of STAKE is $2.20.

What other assets are similar to STAKE?

Assets that have a similar market cap to STAKE include BitcoinZ, Spore, Hord, and many others. To see a full list, see our comparable market cap assets.

How many STAKE are there?

The current circulating supply of STAKE is 8.5 million.

Can I buy STAKE on Coinbase?

Yes, STAKE is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy STAKE guide.