stMatic basically skips the stETH part and acts di... @beefyfinance

Asked 1085 days ago
Viewed 89 times
0

stMatic basically skips the stETH part and acts directly as wStETH

asked 1085 days ago

1 Answers

Answer: Yes, stMatic skips the stETH part and acts directly as wStETH. This makes it easier to trade into a rebase token, as you don't have to switch between stETH and stMATIC. However, it is important to note that the stMATIC token is still subject to the same rebase rules as stETH, so you still need to be aware of how the price of the token is changing. Additionally, it is important to remember that stMATIC is still a relatively new token, so it may be wise to wait until it is more established before trading in it.
answered 1085 days ago
0
Cool, thanks for the verification. I was talking about this with a friend between the stETH and stMATIC being different. It can sucks to trade into a rebase token.
D R
answered 1085 days ago

Subscribe to our newsletter

* indicates required

Thank you for subscribing!