What Is Algostake (STKE)?
Algostake ASA(Algorand Standard Asset) #511484048 is a token built on the Algorand blockchain. AlgoStake owns an application which allows the owners of any Algorand ASA’s to setup staking at a particular APY for their coin/token holders. The mission is to provide an easy self set up system for Algorand ASA owners.
Every ASA owner should be able to offer this feature not just a select few. This feature will help people hodl their coin for future growth. Along with automated application for paying an holders of your coin they also plan to offer automated rewards for liquidity pool providers. Both of these features are an automated service which is greatly needed in the Algorand ASA ecosystem. AlgoStake will be used as the payment for these two services.
To set up staking for your coin you will supply both your token and AlgoStake Coin to the escrow wallet through the interface. They truly hope this gives the small coin owner help in expanding their ASAs. In addition AlgoStake will use it’s own platform to offer an APY to is holders.
Important Points Table Of Blockify Games
| Basic | Points |
|---|---|
| Coin Name | AlgoStake Games |
| Short Name | STKE |
| Circulating Supply | 145,360,063.36 STKE |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |