Wrapped Staked LINK wallet

What is Wrapped Staked LINK (WSTLINK)?

Behind wstLINK there is LINK committed to Chainlink's staking pool through a pooled staking service. That service issues stLINK, a rebasing token, and wstLINK is its wrapped, non-rebasing twin: your token count holds still while the stLINK each unit represents grows in the redemption ratio. If you are tracking the position, look at the ratio, not at the quantity.

Two things about the underlying matter more than the wrapper itself. First, the LINK behind it is not idle liquid LINK - it is committed inside Chainlink's staking system, which has a cooldown before a direct withdrawal completes, so exiting through the token is not always an instant operation. Second, wstLINK is a claim on that pooled position rather than LINK itself; the two tickers are close enough that people mix them up, and only one of them is the plain Chainlink token.

Supported networks in Tangem (2): Arbitrum One, Ethereum. These are separate token contracts, and the balances are independent even though your address looks identical on both.

That last detail is where a hardware wallet earns its keep. Tangem tracks each network's holding on its own line and names the network a transfer is leaving on right before the card signs, which gives you a moment to confirm you are spending the Arbitrum side rather than the Ethereum one. Checking that before the tap, on a token that exists twice, is a habit worth keeping - and a good argument for signing here.