Staked Kofi (Aptos)Price

(STKAPT)

stkAPT is a liquid staking token on the Aptos blockchain, offered by Kofi Finance. It solves the problem of illiquidity for staked assets by allowing users to earn staking rewards on their Aptos (APT) tokens while keeping their assets liquid and usable within the broader DeFi ecosystem. This ensures users don't have to lock up their capital entirely to participate in network security and earn yields.

Kofi Finance uses a dual-token model: kAPT and stkAPT. Users stake APT and receive both kAPT (a 1:1 pegged liquid staked token) and stkAPT. stkAPT is the yield-bearing asset, designed to accrue base staking rewards from the Aptos network. Additionally, it is expected to provide boosted yields through Maximal Extractable Value (MEV) capture. Its core benefits include providing liquidity, offering enhanced yield opportunities, and enabling composability across the Aptos DeFi ecosystem.

kAPT is a 1:1 pegged liquid staked token that represents the underlying APT staked; it can be redeemed for APT and used throughout the DeFi ecosystem for liquidity. stkAPT, however, is a distinct yield-bearing asset. While kAPT facilitates liquidity and composability, stkAPT specifically accrues the boosted rewards from staking, including base yields and future MEV capture. Users receive both tokens when they stake APT with Kofi Finance.

To acquire stkAPT, users need to connect their compatible Aptos wallet to the Kofi Finance application. Within the application interface, they can then proceed to stake their Aptos (APT) tokens. Upon successfully initiating the staking process, users will be issued both kAPT and stkAPT tokens directly into their connected wallet. This streamlined process allows for easy participation in the liquid staking mechanism.

stkAPT is designed to offer a multifaceted reward structure. It provides the fundamental base staking rewards generated from participation in the Aptos network's consensus. Furthermore, stkAPT is engineered to deliver boosted yields, which are anticipated to come from Maximal Extractable Value (MEV) capture. The integration of MEV capture is planned for future phases (expected Q3-Q4 2025), aiming to significantly enhance the overall yield profile compared to standard Aptos staking.

Yes, a key benefit of liquid staking tokens like stkAPT (and kAPT) is their robust composability within the Aptos ecosystem. This feature allows users to deploy their stkAPT in various decentralized finance applications, beyond merely holding it. For example, stkAPT can be used for lending, borrowing, or providing liquidity in different DeFi protocols, thereby creating additional opportunities for yield generation and maximizing capital efficiency across the Aptos network.