stToken

stToken is a liquid staking token that you receive when you stake your native token on the StaQ protocol. These stToken represent your staked native tokens in StaQ's staking pool.

They act as a receipt, allowing you to exchange them later on for your staked native tokens and the earned rewards. Meanwhile, you can use stToken in DeFi while the token's price accrues in value vs. the price of your native tokens.

stTokens is a rewards-accruing liquid staking token. This means that after each L2 network epoch (varying between different networks), its value is recalculated based on the staking rewards earned by the StaQ Staking Pool. The price of stToken is calculated as follows:

Price of stToken = total_staked / tokens_minted