What is Stader for Hedera
Stader For Hedera is the first liquid staking solution for HBAR backed by Hedera Foundation. Stader lets users earn HBAR staking rewards without needing to maintain infrastructure, and enables users to participate in other Defi Strategies while accruing rewards. Stader for Hedera gives you:
- Liquidity through tokenization- Users can participate in Defi using the liquid token.
- Ease of staking - User-centric design of Dapp to make staking seamless for users
Learn more here
Does Stader have any experience with staking?
We are a battle-tested team that has deployed smart contracts for staking on multiple blockchain platforms. Stader and the Hedera foundation have worked together to build the first staking platform for HBAR token holders. More details here.
How does HBAR staking on Stader work?
An HBAR token holder connects their wallet on the Stader Dapp and deposits tokens with our smart contract. They immediately receive the HBARX tokens representing their staked assets. As rewards for staking are added, the value of HBARX increases w.r.t HBAR. Users can unstake HBARX and claim HBAR after 1 days of Unbonding period.