$0.036289
-$0.001131(-3.02%)
Market Cap
$79.31K
24h High
$0.037522
24h Low
$0.034903
24h Turnover
$44.19
Total Supply
2.18M
Market Sentiment
Neutral
About xDAI Stake (STAKE)
Xdai chain is a US dollar stable currency blockchain jointly launched by makerdao foundation and POA network. It is also a side chain compatible with Ethereum. It uses the stable currency xdai (converted from the decentralized stable currency Dai on Ethereum in the ratio of 1:1 on the side chain) as the basic token for trading and paying gas fees. It uses the stake token to carry out bookkeeping and governance with the help of the unique proof of interest algorithm posdao. Xdai chain uses a single token for trading and gas payment, which eliminates the need to hold an additional eth payment gas on the Ethereum main network, and enables low-cost and fast payment with stable handling fees. It is very suitable for building application scenarios based on payment and defi. In the future, this side chain mode will be further extended to other stable currencies other than Dai and other main chains other than Ethereum, and stack will still exist as the governance token of these side chains.
How to Buy and Use xDAI Stake (STAKE)
More STAKE Articles
xDAI Stake (STAKE) Basics & Market Insights
Market Analysis
Gate ETH Staking Reshapes Ethereum Yield Strategies in the Liquid Staking EraWith Ethereum’s transition to a Proof-of-Stake (PoS) mechanism now complete, ETH’s role in the market has evolved beyond being just a tradable asset—it now serves as a digital asset capable of generating on-chain yield.2026-06-03
CoreWeave Shares Surge Nearly 14% in a Single Day: NVIDIA Holds 11% Stake and Russell 3000 Inclusion Signals Shifts in Capital StructureCoreWeave becomes the first cloud provider to deploy NVIDIA Vera Rubin NVL72 systems and will be included in the Russell 3000 Index on June 27. The combined impact of passive fund inflows and its technological first-mover advantage signals that the AI infrastructure sector is entering a new phase of valuation.2026-06-02
How Gate ETH Staking Is Reshaping Ethereum Yield StrategiesAfter Ethereum transitioned to Proof of Stake (PoS), ETHs market positioning began to shift as well.2026-05-29
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