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  3. What is the term for a token that enables the trading of staked coins by liquidating them? Over Wallet Quiz Answer Today

What is the term for a token that enables the trading of staked coins by liquidating them? Over Wallet Quiz Answer Today

What is the term for a token that enables the trading of staked coins by liquidating them? The Correct answer is LST(Liquid staking token).

by J Nandhini

Updated Feb 27, 2024

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What is the term for a token that enables the trading of staked coins by liquidating them? Over Wallet Quiz Answer Today

What is the term for a token that enables the trading of staked coins by liquidating them?

A) Steak Token

B) LST(Liquid staking token)

C) Liquor token

D) LP( Liquidity Provider) Token

The Correct answer is LST(Liquid staking token).

OverWallet is a free app you can get on your iPhone or Android. It helps you get and keep Over Points. The app is named after "Over Protocol," a special system that's not heavy and uses Superblock's technology.

OverWallet is a type of blockchain called a layer 1 blockchain. It wants to be better than other blockchains by being more efficient and scalable. Some investors gave it $8 million to help it grow.

Over Protocol is like a special app system that gives free Over Wallets and Over Points to people who answer questions about the Over Wallet app. If you want to join in and get these free things, you can:

  1. Get the Over Wallet app.
  2. Do daily tasks to become Supernormal.
  3. Learn and help out with Over Protocol to get even more chances

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What is the term for a token that enables the trading of staked coins by liquidating them? - FAQ

1. What is the term for a token that enables the trading of staked coins by liquidating them? 

The Correct answer is LST(Liquid staking token).

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