Wrapped ThunderPOKT

Price

(wtpokt)
Note: This platform does not support trading services in this currency
$0.513794 -1.9%

      Overview

      wtpokt Price Live Data

      wtpokt Price Information

      24h Low/High

      24h Low $0.512134
      24h High $0.526915

      All Time High

      US$2.59

      All Time Low

      US$0.051801

      High Price 7D

      US$0.532776

      Low Price 7D

      US$0.505935

      wtpokt Market Information

      Market Cap Ranking

      Fully Diluted Valuation

      US$88319

      Total Supply

      171,853.68

      Maximum Supply

      Market Cap Advantages

      0%

      Circulation Supply/Total Market Cap

      0.000

      About wtpokt

      Thunderhead’s wrapped tPOKT (wtPOKT) is tPOKT which is deposited into the tPOKT wrapper to create a new token called wtPOKT.Wrapping tPOKT creates a stable-balance, DeFi-compatible version of the tPOKT token which allows for easier integrations with DeFi protocols including Uniswap. One's tPOKT balance continously increases due to distributions of node rewards via rebase. This causes one's tPOKT balance to continously increase. Unfortunately, some DeFi protocols, like Uniswap v3, keep track of user's balances, which causes users to lose rebase rewards. These types of protocols require fixed-balance tokens for optimal usage. To achieve this, we created a fixed balance token for tPOKT let's you ""wrap"" your tPOKT into wtPOKT to keeps your token balance fixed. wtPOKT and tPOKT are interchangeable at any time, and earn the exact same rewards. The only difference is that one's wtPOKT balance will stay the same, but will be redeemable for more tPOKT, whereas one's tPOKT balance will just increase.

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