Staked ICX

About

Staked ICX (sICX) is a liquid staking token on the ICON blockchain, offering a unique blend of flexibility and participation in the network's ecosystem. By staking ICX, the main cryptocurrency of the ICON blockchain, users receive sICX, which allows them to earn staking rewards without locking up their funds. This liquid staking mechanism is facilitated through the Omm protocol, which automates the staking process and daily reward claims, ensuring the ICX value of sICX increases over time.