Latest Stader updates on February 22nd

StaderLabs, a cryptocurrency project, has had a busy week with several updates and announcements. On February 21st, they announced that they will host an AMA session with Cryptopyramiid. On February 20th, they made several updates, such as introducing DeFi opportunities, SD tokens, and different yield options on NearX, FTX, HBarX and Polygon. They also announced the launch of their new Gen 0 Stader NFTs, which come with up to 50% staking rewards boost. On February 16th, they made further announcements of Liquid Staking, their partnership with Crew3xyz, and Ethereum’s Shanghai upgrade.

What is Stader ?

Introducing Stader – the multichain liquidstaking platform that allows you to access DeFi while earning staking rewards!

Stader is a non-custodial smart contract-based staking platform that provides users with access to a growing ecosystem of protocols across multiple chains. With Stader, users can stake their crypto assets and earn rewards with the convenience of still having access to their funds.

Stader has developed key staking middleware infrastructure for multiple PoS networks for retail crypto users, exchanges and custodians. The platform is designed to provide users with a secure and user-friendly staking experience. To ensure the security of the platform, Stader performs regular audits of its smart contracts by external auditors and uses multi-sig admin accounts for changing smart contract parameters.

In addition to its own staking solutions, Stader has partnered with leading DeFi projects such as Aave, Balancer, Beefy Finance, Beethoven X, Matrixport, Quickswap and more to provide users with access to a wide range of liquidity and yield-generating opportunities.

Currently, Stader supports Hedera, Polygon, Fantom, Near, Binance, Terra 2.0 and Terra Classic networks. The platform will soon be available on Ethereum 2.0, Solana and Avalanche networks.

Stader’s liquid token system allows users to create a token that represents their staked assets and grows in value as staking rewards accrue. This token can be used to access a variety of DeFi services and opportunities, allowing users to maximize their returns.

If you’re looking for a safe, secure and convenient way to access DeFi and earn staking rewards, then Stader is the platform for you. Visit our website today to learn more about our platform and start staking!

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.