Stader’s Update — 01/08/2022–21/08/2022

Hey Stader Fam!

A lot has happened since our last update! And it’s been nothing short of a rollercoaster ride with heady highs and humbling lows. Here’s a snapshot of the top highlights from the last 21 days.

Top Highlights

We launched on @stader_bnb with a bang. We are now live on a total of 6 chains as we unlock liquid staking opportunities for more users.

1. Stader x BNB: BNBx was launched on 5th August and has already crossed 900 wallets with over $11.1M staked.
2. Stader x Hedera: The new UI is now live on our Hedera Dapp since 13th August. Check it out here

Unfortunately, on 16th August 2022, a vulnerability in Stader’s NearX Smart Contract was exploited. We are committed to protecting the interests of our users and will be compensating for the lost funds.

This week we take a quick look at the yield opportunities across each blockchain on Stader:

Stader x Polygon

We have integrated with 6 protocols to make the best yield opportunities possible! Here are the top 3 yield opportunities by TVL, to unlock with minted MaticX:

• Liquidity pool on @BalancerLabs ($11.8M TVL) : 23.1% APY
• Liquidity pool on @QuickswapDEX ($4.8M TVL) : 16% APR
• Single Sided lending on @Meshswap_Fi ($0.7M TVL) : 18% APY

Unlock these opportunities & more here

Stader x BNB

Make the most of your BNBx with yield opportunities across 3 protocols:

• Liquidity pool on @Ellipsisfi ($1.9M TVL) : 11% APR
• Liquidity pool on @ape_swap ($1.69M TVL) : 21.2% APR
• Yield Optimizer on @beefyfinance with @Ellipsisfi ($688k TVL) : 33.7% APY

Maximize your yields at here

Stader x Fantom

With a multitude of opportunities to choose from, here are the top 3 yield opportunities by TVL, waiting to be unlocked with minted sFTMX:

• Liquidity pool on @beethoven_x. ($4.09M TVL) : 15.27% APR
• Yield Optimizer on @LiquidDriver ($2.53M TVL) : 6% APY
• Liquidity pool on @SpookySwap ($1.37M TVL) : 6.8% APR

Get cracking & get the best yields here

Stader x Hedera

Take advantage of the 3 liquidity pools on @SaucerSwapLabs with your minted HBARx

• HBAR / HBARx ($5.1M TVL) : 28.2% APR
• SAUCE / HBARx ($646k TVL) : 69.6% APR
• HBARx/CXLY ($172k TVL) : 94.9% APR

Go ahead and make the most of it here

Stader x Terra 2.0

Yield opportunities on Terra 2.0 have opened up with the liquidity pool on Astroport:

• LUNA / LunaX ($1.62M TVL) : 37.4% APR

Unlock higher yields here

Do check out the juicy yield opportunities available at Stader Labs. We would love to hear your feedback and suggestions in the comments.