Stader Labs operates as a non-custodial liquid staking platform that allows users to stake their crypto assets across multiple Proof-of-Stake (PoS) blockchains while maintaining liquidity. When users stake their assets, they receive tokenized representations (e.g., ETHx, BNBx) of their staked tokens, which grow in value as staking rewards accrue. These tokens can be used in decentralized finance (DeFi) applications for trading, lending, or liquidity provision while still earning staking rewards.
Is Stader a secure platform?
Stader Labs prioritizes security through continuous code reviews, regular audits by top blockchain security firms like Halborn and Sigma Prime, and the use of multi-signature (multi-sig) admin accounts for contract changes. The platform also implements on-chain monitoring and offers a bug bounty program to identify vulnerabilities proactively. These measures ensure a robust and secure environment for staking across supported networks.
How to use Stader?
To use Stader Labs, users start by visiting its platform and connecting a compatible wallet. They select the blockchain network they wish to stake on, deposit their tokens into smart contracts, and receive liquid staking tokens (e.g., ETHx or MaticX) in return. These tokens can then be used in DeFi activities or held to earn staking rewards, providing both liquidity and flexibility.
What services does Stader offer?
Stader Labs offers liquid staking services across multiple PoS blockchains, including Ethereum, Polygon, BNB Chain, Hedera, and others. It provides tokenized staking solutions that allow users to earn rewards while maintaining liquidity for DeFi participation. Additionally, the platform integrates with over 40 DeFi protocols and supports features like auto-compounding rewards for enhanced returns.
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