What is Ankr Staked AVAX ($ANKRAVAX)?
Ankr Staking offers Avalanche token holders the opportunity to stake AVAX and in return claim Avalanche Liquid Staking tokens — ankrAVAX (ex-aAVAXc). ankrAVAX is a reward-bearing token, meaning that the fair value of 1 ankrAVAX token vs. AVAX increases over time as staking rewards accumulate inside the token.
ankrAVAX also offers instant liquidity for your staked AVAX, enabling you to connect ankrAVAX with DeFi platforms and earn several more layers of rewards.