Stader ETHx (ETHX) offers liquid staking for Ethereum, enabling stakers to earn rewards while maintaining liquidity. More
| Fully Diluted Valuation | $660.39M |
|---|---|
| 24H Trading Volume | $477,009 |
| 24H Low / High | $4.56K / $ 4.77K |
| Circulating Supply | 142.96K |
| Total Supply | 142.96K |
| Max Supply | ∞ |
| Categories | Liquid Staking 2 more |
|---|---|
| Founder | Sidhartha Doddipalli 2 more |
| Website | staderlabs.com Whitepaper |
| Socials | 1 more |
| Chains | Ethereum Ecosystem |
| Explorer | Ethplorer 2 more |
| Contracts |
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| Name | Pair | OG Score |
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Stader ETHx: Revolutionizing Ethereum Staking
Stader ETHx, developed by Stader Labs, is set to transform the landscape of Ethereum staking. This decentralized liquid staking token offers a novel solution that aims to keep Ethereum decentralized while providing accessibility, reliability, and rewarding opportunities to users.
A Multi-Chain Liquid Staking Protocol with a Strong Foundation
The Stader platform, operating as a DAO with a team spread across the globe, boasts a multi-chain liquid staking protocol with approximately $100M in assets across various networks such as MATIC, BNB, FTM, HBAR, and more. The project's history traces back to its inception as a staking protocol on Terra 1.0, achieving an impressive $1B Total Value Locked (TVL) before expanding to other chains.
Democratizing Node Operation with 4 ETH
At its core, Stader ETHx enables anyone to operate and become a node operator with just 4 ETH, promoting decentralization and inclusivity. This approach contrasts with the current landscape where a significant portion of staked ETH flows through a few centralized entities.
Maximizing Benefits for Users
The benefits of Stader ETHx are manifold. Users can earn ETH staking rewards without the need to maintain infrastructure, allowing them to participate in other DeFi strategies while accruing rewards. Stader's smart contracts are triple-audited, ensuring security and reliability, while the experienced team behind the project has built on six other chains, further bolstering confidence in the platform.
Unlocking the Potential of Liquid Staking
The innovative aspect of ETHx lies in its liquid staking solution, which allows users to stake their Ethereum assets without locking them away. This opens up opportunities to engage with the DeFi ecosystem, including yield farming and lending, while continuing to earn staking rewards. Additionally, ETHx promotes scalability and decentralization, contributing to the overall health and diversity of the Ethereum network.
A Vision for Sustainable Staking Yields
In conclusion, Stader ETHx represents a significant step forward in the evolution of Ethereum staking. With its unique value proposition and commitment to decentralization, Stader Labs is poised to bring sustainable staking yields to over 1 billion users, making a lasting impact on the world of decentralized finance.
Stader ETHx offers a liquid staking solution for Ethereum, allowing users to stake ETH while retaining liquidity, enabling participation in DeFi activities.
Stader Labs was founded in April 2021 by Sidhartha Doddipalli, Dheeraj Borra, and Amitej Gajjala.
You can buy Stader ETHx (ETHX) on Uniswap V3 (Ethereum), Balancer V2, Pancakeswap V3 (Ethereum)Curve (Ethereum) cryptocurrency exchanges.
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