Liquid Staking

Ike Liquid staking allows you to effortlessly stake your AZERO and receive staking rewards from the Aleph Zero network. When you stake AZERO, you receive sAZERO in return, which act as shares in the total pool of staked AZERO on Ike. Over time, as the Aleph Zero blockchain creates new AZERO tokens and distributes them to back to stakers on the network, Ike’s total pool of staked AZERO tokens grows. As that happens, you can return your sAZERO tokens for more AZERO tokens than you originally staked. This is how Ike generates yield for you.

sAZERO tokens are fungible, and can be used for trading, lending, gaming, and more with other protocols across the DeFi ecosystem. Since they are backed by staked AZERO tokens, sAZERO tokens can be redeemed for AZERO tokens at any time, subject to the network’s built in redemption delay period.

For more info on how Ike works, visit our docs