Stader Labs is a non-custodial liquid staking platform that allows users to stake their crypto assets across multiple Proof-of-Stake networks while retaining liquidity through tokenized representations of their staked assets. This approach enables users to earn competitive staking rewards without locking up their tokens, facilitating participation in decentralized finance (DeFi) activities simultaneously.
Funding
$16.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional cryptocurrency staking methods often require users to lock up their assets for a fixed period, limiting their ability to access and utilize those assets in decentralized finance (DeFi) applications. This illiquidity can prevent users from participating in other potentially lucrative opportunities within the DeFi ecosystem.
Solution
Stader Labs provides a non-custodial liquid staking platform that allows users to stake their crypto assets across multiple Proof-of-Stake (PoS) networks while maintaining access to their capital through liquid staking tokens. By staking through Stader, users receive liquid tokens representing their staked assets, which can then be used in various DeFi protocols to earn additional rewards on top of staking yields. Stader's smart contracts are audited by leading blockchain security firms, ensuring the safety of user funds. The platform supports multiple networks, allowing users to diversify their staking portfolio and optimize their returns. Stader aims to simplify the staking process, making it accessible to both novice and experienced DeFi users.
Target Audience
Stader Labs targets cryptocurrency users, both beginners and experienced DeFi participants, who seek to earn staking rewards while maintaining liquidity and the ability to participate in DeFi opportunities.
Features
- Non-custodial staking across multiple PoS networks including Ethereum, Polygon, BNB Chain, and Hedera
- Liquid staking tokens that represent staked assets and can be used in DeFi protocols
- Automatic compounding of staking rewards to maximize returns
- Support for a wide range of DeFi protocols, enabling users to earn additional yields
- Smart contract audits by Sigma Prime, Halborn, Peckshield, Code4rena, and OtterSec
- User-friendly interface for easy staking and management of assets
- Low minimum staking requirements, making it accessible to users with varying capital levels