Stader Labs is a cryptocurrency staking management platform.
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Stader’s vision is to help network users stake their assets conveniently and safely through its platform. It is doing this by building key staking middleware infrastructure for Proof-of-Stake (PoS) networks that can be leveraged for several customer segments including retail crypto users, exchanges, custodians, and mainstream FinTech players. Stader’s modular smart contracts are built so that third parties can leverage their components and incorporate custom solutions.
Stader is building native smart contracts across multiple chains including Terra, Solana, Ethereum, Fantom, Hedera, Polygon, and building an economic ecosystem to grow and develop solutions such as yield redirection with rewards, liquid staking, launchpads, gaming, and more.
Positioning itself for long-term growth, Stader will seek to focus on nurturing third parties to develop several staking applications with Stader infrastructure.
Key Highlights
Stader is creating modular smart contract infrastructure for staking across PoS chains.
Stader has launched two staking products on Terra - Simplified staking (Stake Pools) and Liquid staking (LunaX).
Since launching on November 23, 2021, these solutions have acquired significant traction in Terra’s DeFi ecosystem.
Building on this early success, Stader has developed plans to launch products on Solana and major EVM powered chains. Upcoming partnerships with exchanges and custodians will help Stader expand its user base and community in a scalable manner. Stader will seek to expand the platform’s offering to include products for institutional investors and validators.
Learn More About Stader
Revenue Model
SD Tokens will earn revenue through three mechanisms:
1. Commission on reward strategies: 3-10% management fees on staking rewards, if elected by governance stakers.
2. Commission on liquid staking tokens: 5-10% commission on staking rewards, if elected by governance stakers.
3. Distribution commission from validators: 10-20% distribution fees on validator commissions, if elected by governance stakers.
Token Utility
SD Token provides various core utilities across the Stader ecosystem:
1. Preferential delegations and Insurance: Validators will stake a minimum amount of SD Tokens and a percentage of delegations to the pool will be proportionately allocated based on SD Tokens staked. Slashing insurance will be provided by validators via the staked SD Tokens.
2. Rewards and discounts:
Liquidity Pool Rewards: Rewards in SD Tokens for Liquidity Pool providers on DEXs, if elected by governance stakers
Discount Tokens: SD Token stakers may receive a discount on fees charged on Stader solutions, if elected by governance stakers
3. Governance: Governance stakers can propose and vote on policies related to the Stader protocol strategy, expansion, validator pool selection, validator selection, changes in methodologies, and more.
4. Development access to Stader infrastructure: Third parties, including developers, need to stake SD Tokens to access Stader smart contracts and product features such as customized staking smart contracts, validator intelligence tools etc.
Segment Total Supply in % Release Schedule
Rewards + Farming 36% Release schedule based on individual rewards program as determined via governance
Team + Advisors 17% 6 month cliff followed by linear vesting for 36 months
Private Sale 17% TGE Unlock: 0-5% of allotment unlocked at TGE
Vesting: Linear vesting across 36 months post TGE
DAO Fund 15% To be determined through governance
Ecosystem Fund 11% 0.5%-1.5% to be unlocked at TGE. Remaining to be determined via governance
Public Sale 4% Refer sales structure above
Total 100%
Technology
As staking technology evolves, the Stader architecture allows flexibility to grow and incorporate new features. Extensibility is woven into Stader’s technical blueprint, with a system of highly-interactive smart contracts. Incorporating a new strategy or product features would require minor changes in a specific independent contract.
Below is a preview of a few core smart contracts that are the building blocks of Stader’s infrastructure:
1. Delegator Contract - Delegators’ funds will be deposited and can be withdrawn from this contract.
2. Validator Contract - Stakes the delegator funds. Claims rewards and airdrops.
3. Pools Contract - Administrator of validator contract. Manages delegations across each validator pool and supports multiple pools.
4. Strategies Contract - Leverages staking rewards and synthetic assets to interact/integrate with other DeFi/Gaming protocols to amplify yields.
With Stader’s smart contracts designed in a modular way, it enables opportunities for third parties to interact with any of their smart contracts and build additional staking use-cases.
Founded by Sidhartha Doddipalli and Amitej Gajjala in 2021, Stader Labs is building decentralized financial protocols and applications for stake management on public blockchain networks.
The company began their journey by cgreating staking products on Terra. They aim to cover five to six PoS blockchains by mid-2022— including Near, Polkadot, Ethereum, Polygin, and more—and integrate third-party liquid tokens and build automated yield-maximization strategies.
The company plans to build APIs to provide gend-to-end staking solutions for exchanges and mainstream fintech apps, tapping into the financial demand for high-quality staking products among retail crypto investors. Stader token (SD) will power main services on thge Stader platform with four main utilities:
The cryptocurrency staking management platform raised $4 million ing a seed round, led by Pantera Capital. Coinbase Ventures, True Ventures, Jump Capital, and Ledgerprime also participated in the round. Some angel investors including Jaynti Kanani (CEO, Polygon), Sandeep Nailwal (COO, Polygon), Nemil Dalal (Hgead of Crypto, Coinbase), Sumit Gupta (CEO, CoinDCX), Ahmed Al Balaghi (CEO, Biconomy), Aniket Jindgal (COO, Biconomy), and Harsh Rajat (CEO, EPNS) also participated.
In a statement from Amitej Gajjala, he said
“Through Stader, we hope to empower crypto-asset staking throughout the financial sector, making it easy and intuitive for investors to stake assets and generate returns.”
The company plans to build APIs to provide end-to-endgend-to-end staking solutions for exchanges and mainstream fintech apps, tapping into the financial demand for high-quality staking products among retail crypto investors. Stader token (SD) will power main services on thethge Stader platform with four main utilities:
The cryptocurrency staking management platform raised $4 million ining a seed round, led by Pantera Capital. Coinbase Ventures, True Ventures, Jump Capital, and Ledgerprime also participated in the round. Some angel investors including Jaynti Kanani (CEO, Polygon), Sandeep Nailwal (COO, Polygon), Nemil Dalal (HeadHgead of Crypto, Coinbase), Sumit Gupta (CEO, CoinDCX), Ahmed Al Balaghi (CEO, Biconomy), Aniket JindalJindgal (COO, Biconomy), and Harsh Rajat (CEO, EPNS) also participated.