stAPT - Ditto staked Aptos
What is stAPT?
stAPT stands for Ditto staked Aptos, and is an yield bearing index of APT (Aptos) which compounds as it earns APT from validation efforts. At initialisation, 1 stAPT will represent 1 APT staked. This ratio will increase every epoch, meaning 1 stAPT will represent more than 1 APT soon after launch. Over time the stAPT will be worth (and redeemable) for more and more APT as yield accrues.
stAPT will be deeply integrated in DeFi ensuring that it is as easy to use as possible and widely adopted, offering as much utility as APT itself.