2021-07-02 21:31:04
We are excited to welcome a new member “
Stader Labs” to Terra ecosystem!
Staking is complex. Users have to navigate choosing the right validator based on solid uptimes, proven track records of consistency and community engagement, low delegation fees, and unique feature offerings.
Enter StaderLabs!! Stader is a bespoke staking platform designed to offer convenient, safe, and yield-maximized staking delegation for users by deploying curated vaults of validators within a specific network’s validator ecosystem.
Stader’s vision? One Billion Delegations
In the short-term, deploying curated vault strategies for network validators provides an elegant solution for prospective delegators. Users simply connect their Terra Station wallet to Stader, select from a list of curated validator sets, and redeem their rewards.
Stader performs all of the end-to-end staking management, offering delegators a one-stop shop to safely and conveniently maximize yield and contribute to the further decentralization of staking for Terra.
In the mid to long run, Stader will devise decentralization strategies, such as creating an index of 25+ nodes w/robust performance metrics that delegators can stake with, while networks subsidize the gas fees and offer higher rewards for that explicit set.
Applied to Terra, this could mean creating an index of upcoming “star” nodes, such as major projects like Orion that promise augmented token airdrops to users for delegating stake to their validator node.
The incentives are three-fold:
Validators: Stake SD tokens to get access to higher delegations & stake in slashing insurance pools for a share of protocol revenue.
Delegators: Access yield farming on LPs and cross-chain pools & stake SD tokens in slashing insurance pools for a share of protocol revenue.
Third-Parties: Those interested in creating custom validator pools & strategies can stake SD tokens for a share of protocol revenue.
Project Spotlight: https://medium.com/terra-money/project-spotlight-stader-labs-2a7689110758
Retweet: https://twitter.com/terra_money/status/1410797611318091780?s=21
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