Staked Tenbin Gold (stGLD) is the yield-bearing form of tGLD. Stake tGLD to receive stGLD; its exchange rate only increases as the protocol distributes realized economic surplus back to stakers. That surplus is the yield earned on collateral plus net hedge carry. Rewards reflect realized performance rather than projected returns, and vest gradually to smooth yield. Redeem stGLD for the underlying tGLD plus accrued rewards after a cooldown, or swap it instantly through onchain liquidity.