Stader x Fantom...
Stader x Fantom: What Does the Future Hold?
Stader is on a mission to decentralize PoS networks through staking middleware infrastructure that makes it easy for customers across segments (crypto natives, institutions, exchanges, fintechs, venture funds) to conveniently and safely stake their tokens. We outlined our vision for Stader in our litepaper as a multi-chain, multi-product platform for staking, and we will soon take a big step in making that vision a reality with the expansion to Fantom. Today, we wanted to share our vision for Fantom specifically with the community.
What excites us about launching on Fantom?
We are big fans of Fantom. Fantom’s unique technology (finality in seconds, low transaction costs) and collaborative community has turned Fantom into a thriving ecosystem with ~1M daily transactions, ~100k daily active users, ~140 dAPPs! We are grateful to the Fantom foundation for partnering with us early in our journey and making it official with a grant in January.
Our Vision for Fantom
Unleash the majority of staked assets, currently locked in staking, into the ecosystem through our liquid staking solution. Additionally, create convenient staking infrastructure to decentralize Fantom and help the community stake and manage FTM easily.
What will the future look like?
How will we do this?
Our liquid staking solution will allow users to stake FTM and get a fungible liquid token back that shows their claim to the underlying staked assets. We will work with the ecosystem projects to ensure wide usability of these tokens on DEXs, lending/borrowing protocols, yield aggregators and more. This will only be Phase 1 of what we are building on Fantom.
We are going to build a full suite of staking products on Fantom which will be rolled out in a phased manner.
We will be back with more details on the launch, including dates and more, very soon.
Follow us on Twitter here to stay updated:
Join Stader’s newsletter
Get the latest updates, new DeFi strategies and exclusive offers right in your email box