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Amit Profile
Amit

@GAmitej

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Liquidity enabler for staking @staderlabs + restaking @kelpdao | Making DeFi more rewarding for users and operators | Love tennis, travel, legos w/ my 6 yo 🏝

Toronto
Joined July 2018
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@GAmitej
Amit
3 months
As Kelp, we don’t fud other protocols. We help them as much as we can. We don’t get VCs to fud other protocols. In the same spirit, we recently helped identify a major bug in one of the LRT protocols code and reported to them despite them being in the same space. That’s playing
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@GAmitej
Amit
1 year
Over the past year, we've launched liquid staking across chains and launching on Eth ecosystem soon. Proud to build ETHx - the solution to the 3 major challenges facing ETH staking: 🧵
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@GAmitej
Amit
5 months
100 mn in a few days! Thanks to everyone who made this happen.
@KelpDAO
Kelp DAO
5 months
$100M+ TVL in less than 9 days on mainnet! 🐙 To all the 4334 $rsETH holders who restaked ~45k $ETH with us, thank you! The Early Queue is still live with $ETHx. Get your Kelp Miles in. 🌱 We'll see you there! 🌊
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@GAmitej
Amit
8 months
Been reflecting on my time in Korea and Singapore the past few weeks. It was so inspiring to be in rooms with fellow builders, connecting over great conversations. These will become the stories of resilience that are told in the years to come. Excited for what the future
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@GAmitej
Amit
10 months
I would be at @EthCC with Shawn Egger, our BD Head. Excited to meet everyone in person and talk about all things Ethereum.
@staderlabs_eth
Stader Ethereum
10 months
Bonjour @ethereum fam! Stader will be at @EthCC . We are so excited to share ETHx with you in person. Please drop by to say hi! Tag friends and tell us who we should meet while we're there. See you there. 🗼🇫🇷
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@GAmitej
Amit
3 years
@JayDick71145958 @staderlabs Yes you will be able to claim all air drops in a single transaction on Stader along with your rewards.
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@GAmitej
Amit
1 year
Hey crypto enthusiasts, let's talk about diversification strategies for crypto treasuries. As a founder of Stader, been trying to find the best possible strategy amidst macro events surrounding the dollar and the aftermath of USDC depeg. Here are some principles we followed🧵
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@GAmitej
Amit
1 year
Excited for Stader's new branding!
@staderlabs
Stader Labs
1 year
We are thrilled to announce the new brand identity for Stader! #AllNewStader #excitingnews Here's a deep-dive on what this new identity means for us and for you:
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@GAmitej
Amit
2 years
@jwang815 @staderlabs @astroport_fi Yes. Will work with them to have it.
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@GAmitej
Amit
4 months
Great chat talking Restaking, Org building and all things crypto. Thanks @BuidlersTribe
@pythonhulk
Raghu Mohan
4 months
Celebrating ETF day with these fine gents (nothing about the ETF was actually discussed here 😂)
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@GAmitej
Amit
1 year
Nice thread talking through Staders journey.
@defiprincess_
DeFi Princess | Storyteller
1 year
The most POWERFUL DeFi comeback ‼️ Despite Terra's crash & lack of hype, Stader Labs defied all odds & went from $2M to $200M in TVL Here's how they rose from the ashes:
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@GAmitej
Amit
2 years
@Cephii1 @staderlabs Buy Luna on amm.
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@GAmitej
Amit
3 months
Who is the LRT protocol that has a critical bug reported in their Immunefi?
@galacticminter
Dheeraj Borra
3 months
For the uninitiated - 1. Kelp's production code is at . Verify for yourself!! 🧠 2. We cannot disclose the LRT protocol in which we found a critical bug. Not yet. We raised the bug through their bug bounty program and don't want to create FUD 🙏
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@GAmitej
Amit
3 months
Ready to play with $Kep?
@KelpDAO
Kelp DAO
3 months
Get ready for a revolutionary leap in the realm of restaking! Introducing $KEP — Kelp Earned Points 🌱 A game-changing token representation of Kelp's @eigenlayer Points, poised to transform the restaking landscape as we know it.
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@GAmitej
Amit
7 months
Stake with ETHx directly on Ledger!
@Ledger
Ledger
7 months
Exciting news - ETH liquid staking with @staderlabs is now available through Ledger Live! This means you can easily & securely stake and unstake your ETH with Stader directly through your Ledger Live app - no third party needed.
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@GAmitej
Amit
11 months
ETHx on mainnet soon!
@staderlabs_eth
Stader Ethereum
11 months
Get ready for lift-off! 🚀 Stader’s ETHx is coming to mainnet. Enjoy upto 2x rewards on staked $ETH while exploring DeFi opportunities. Subscribe to our alpha list and be the first to know about $1M in SD rewards. ✉️ Join the movement today!
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@GAmitej
Amit
3 months
For the uninitiated - 1. Kelp's production code is at …. Verify for yourself!! 🧠 2. As part of testing, our devs identified a critical bug that could impact the exchange rate of an LRT protocol. We cannot disclose the LRT protocol in which we found the
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@GAmitej
Amit
1 year
1/ In the world of crypto, it's easy to get swept up in the hype and forget the importance of perseverance and focus. But success often comes to those who keep building and stay focused on their vision.
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@GAmitej
Amit
2 years
@mars_protocol @staderlabs @anchor_protocol Many thanks @mars_protocol for your flexibility in enabling this for #LUNAtics staking on @staderlabs . Congrats on your incredible success.
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@GAmitej
Amit
11 months
Watch the latest launch details on ETHx. And some alpha!
@DeFi_Dad
DeFi Dad ⟠ defidad.eth
11 months
🎙️ Happy Monday, new @Edge_Pod ! 🤩 Today, @staderlabs launches their long awaited LST, ETHx. 🏃‍♂️ @Nomaticcap and I interviewed the Stader CoFounder, @GAmitej to help you get a head start on understanding the protocol behind ETHx liquid staking.
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@GAmitej
Amit
1 year
P&L management is crucial for any business, but did you know that the way it's done in crypto is vastly different from trad cos? From multiple tokens to own token incentives, my PoV on the unique world of P&L in crypto protocols🧵
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@GAmitej
Amit
2 years
@acryptoverse @staderlabs For sure. Can you reach out to me on Twitter dm?
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@GAmitej
Amit
11 months
ETHx is live with 50% boosted rewards for all. DeFi to follow!
@staderlabs_eth
Stader Ethereum
11 months
🚨 We’re live on mainnet. ETHx is now yours! As early stakers, get $1M in launch incentives. ▻ 1.5x staking boost (first 30 days) ▻ $800k in upcoming LP rewards ▻ Exclusive rewards for DAOs & communities Stake now! 🔗
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@GAmitej
Amit
3 months
Welcome @aave @lemiscate . True Inspiration to all DAOs and protocols!
@lemiscate
Marc “Chainsaw” Zeller 👻 🦇🔊
3 months
The @aave DAO wrote a small part of the @ethereum history for the first time this weekend as part of the @AaveChan "Frontier" Program. We're proud to contribute to Ethereum L1 security by running @staderlabs validators.
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@GAmitej
Amit
3 months
$KEP!!!
@KelpDAO
Kelp DAO
3 months
Ready for $KEP? 🧜‍♀️ The next big port on the Kelp Odyssey! Think you know what this is? Well, think again. Something big is coming. 👀 Hold tight for $KEP. Details out next week! 🌱
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@GAmitej
Amit
2 years
@R3d_Herring @staderlabs It is due to an internal communications issue. We will issue an official statement with remediation action.
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@GAmitej
Amit
3 years
@C0mbatvv0mbat @squashflips @CryptoDevil9 @TERRAformearth1 @JC_DeFi @staderlabs We will keep the community informed about the timelines so you can unstake at the right time.
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@GAmitej
Amit
5 months
Restake ETHx and stEth for rsEth and double points.
@KelpDAO
Kelp DAO
5 months
The @eigenlayer Early Queue is now live! 🌊 Restake $stETH and $ETHx, mint $rsETH and sit back. We'll automatically deposit your assets once the EigenLayer caps lift on 18th Dec. Get EigenLayer Restaked Points and boosted Kelp Miles. ⚓
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@GAmitej
Amit
8 months
With the restaking narrative increasingly entering everyday conversation, what excites you the most about it?
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@GAmitej
Amit
3 years
@PeterKarthMD @staderlabs You will get actual air dropped tokens. We respect other protocols hence we wouldn’t mandatorily liquidate them.
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@GAmitej
Amit
2 years
@RahulPrasad74 @staderlabs We will announce details soon on it.
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@GAmitej
Amit
3 years
@NomskyNom @staderlabs Got 2 auditors engaged. Fixed all changes they suggested. Final review going on. We are extremely confident of safety.
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@GAmitej
Amit
3 years
@riazahmedpatel1 @warn_jared @staderlabs @warn_jared Happy to have a 1-on-1 conversation about this. We are building validator indices that help delegators spread their deposits with ease. As the product matures, we can extend that across liquid staking pools as well as multiple other indices.
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@GAmitej
Amit
3 years
@staderlabs Thanks a lot #LUNAtics for the overwhelming response. Congratulations to the whitelisted Lunatics. Looking forward to your valuable inputs. $luna @terra_money @staderlabs
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@GAmitej
Amit
3 years
@lejimmy @staderlabs @terra_money @d0h0k1 Stader vaults will auto-claim the air drops and Stader delegators can with draw them.
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@GAmitej
Amit
3 months
@Phil2913_ @KelpDAO Yes. Kelp miles are different.
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@GAmitej
Amit
2 years
@BoShimm @staderlabs No effect on other chains. Stader is fortunately well capitalised and safe across other chains.
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@GAmitej
Amit
3 years
@danku_r @staderlabs @YouTube Thanks for putting me in the spotlight and for the fantastic discussion @danku_r . Had a great chat.
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@GAmitej
Amit
9 months
Try LRTs for the first time!
@staderlabs_eth
Stader Ethereum
9 months
Introducing $rsETH A liquid restaked token powered by @staderlabs . The first of its kind DeFi primitive that enables you to maximize rewards across the Ethereum ecosystem. Now live on testnet! 🔗 🧵👇
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@GAmitej
Amit
3 months
With SD Utility pool, operators can spin up ETHx validators with only 4 Eth. Game changer for Eth decentralization!
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@GAmitej
Amit
2 years
@farmerdbrown @staderlabs @Cephii1 @townstar_coin @imBagsy I would urge you to read up on how staking rewards work on Terra. The blog has clear details. Isn’t as straight fwd as other chain. Hit me up on dm and we can have a conversation if you’re up for it.
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@GAmitej
Amit
3 years
Thanks to all #LUNAtics for helping us improve and pushing us forward.
@staderlabs
Stader Labs
3 years
For the feedback... For the enthusiasm... For the inspiration... Stader Community, THANK YOU! Watch out. Loads of surprises coming your way soon! @terra_money #LUNAtics
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@GAmitej
Amit
1 year
@marceaueth @ethereanbull @waqwaqattack If you guys are so protective about your source code, probably keep the code closed and open sourced crypto may not be the industry to be in.
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@GAmitej
Amit
1 year
Join 300+ Operators who already registered for beta. Community call is for all NOs who need support with the set up.
@staderlabs_eth
Stader Ethereum
1 year
🚨 Attention @ethereum community! If you’re interested in running an $ETH node— Our $ETHx Node Operator Community Call #2 is for you! Here are the details: 📘 Theme: ETHx Node set-up 101 🗓️ Thursday, March 30 🕠 11 AM UTC 📍 Google Meet l The agenda 👇
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@GAmitej
Amit
5 months
@DeFi_Dad @KelpDAO Framework for onboarding other lsts coming soon.
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@GAmitej
Amit
1 month
Congrats to @eigenlayer and the entire team on this monumental launch. Great to see months of effort and hard work coming to life. Looking forward to multiple AVS launches and endless innovation.
@eigenlayer
EigenLayer
1 month
Announcing: EigenLayer ♾ EigenDA Mainnet Launch
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@GAmitej
Amit
2 years
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@GAmitej
Amit
2 years
@02072021M @Panterra0x @staderlabs We have raised it multiple time with TFL team. They mention that they are indexing it all together and potentially put up a proposal. Please note none of the Luna 2.0 air drops have been given to Stader's contracts.
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@GAmitej
Amit
2 years
@trader58384 @staderlabs @anchor_protocol @EdgeProtocol Bluna doesn’t give Luna as yield ser. Air drops are 10% of yield now and with 100s of new project air drops - can be significant.
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@GAmitej
Amit
2 years
Exciting and ambitious vision. Backed by Terra.
@leap_wallet
Leap Wallet 🐸
2 years
We’re super excited to give you a sneak peek into Leap - a next-gen wallet for @terra_money . Ready to discover what’s coming and know who’s supporting our project? We're unveiling our VISION DOC to unpack the present & future of Leap. Keep Reading👇👇
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@GAmitej
Amit
3 years
@AfriCryptoklap @staderlabs It’s like you’re reading our mind. All on the roadmap.
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@GAmitej
Amit
3 years
@Cephii1 @staderlabs Add some cool Defi strategies on top of rewards with @staderlabs v1 while protecting principal. Intersection of Staking and Defi on @terra_money
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@GAmitej
Amit
2 years
@theterrapro @staderlabs @astroport_fi Yes you will retain sd rewards.
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@GAmitej
Amit
3 months
First ever tokenised points live!
@KelpDAO
Kelp DAO
3 months
$KEP is now yours to claim! 🌊 $KEP is designed to bring liquidity to EigenLayer Points earned by Kelp. It can be freely transferred and traded, making EigenLayer Points highly liquid and enabling participation in DeFi. In fact, we already have a pool live! 👀 🧜‍♀️👇
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@GAmitej
Amit
2 years
@d12south @wolf_of_defi @NicolasFlamelX @staderlabs Don’t worry. Have credible investors and team has public profiles. Backed by TFL too.
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@GAmitej
Amit
3 years
@TheMoonMidas @larry0x @staderlabs Yep. Decentralisation will be a key theme -> @staderlabs will work with networks to solve this. We create validator indices to enable staking with multiple good quality validators in a single click.
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@GAmitej
Amit
1 year
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@GAmitej
Amit
2 years
@TheMoonMidas @staderlabs @LidoFinance @cobie Have all major community validators across pools. More to be added soon.
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@GAmitej
Amit
2 years
@Evoyudhasamael @staderlabs Hi. We heard you. Will include it on the roadmap. Right now, focus on bringing dapp to market but will get this on roadmap.
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@GAmitej
Amit
1 year
2/ Permissionless operators will be the backbone, needing only 4 ETH as the bond requirement to run validators - that's 60%+ lower than alternatives! More permissionless operators means better decentralization.
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@GAmitej
Amit
3 months
@kidponga So you’re representing your fund IOSG and fuding Kelp? Btw, looks like you’re squirting the question on the critical bug? Is your tech team and your funds tech team still investigating it? Is your fund going to cover for any losses if any?
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@GAmitej
Amit
1 year
5/5: Love to hear thoughts on how you understand and manage P&L in the world of crypto! #cryptoprotocols #PnLmanagement
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@GAmitej
Amit
1 year
We still believe that USDC is one of the most legitimate stablecoins out there, so we plan to over-index on it. This is NFA and encourage every founder to do their own research and find what works best for them.
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@GAmitej
Amit
2 years
@DTrawangan @staderlabs @terra_money Product launched 3 weeks ago. Isn’t it concluding prematurely? Do you have any constructive thoughts than spreading fud? Did you read the blog regarding our pool changes?
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@GAmitej
Amit
2 years
@dopeboyshanee @staderlabs We are creating a slightly bigger pool with 6-8 top performing validators for this.
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@GAmitej
Amit
8 months
I'm a tennis fan. It's always interesting to consider the various aspects that make a good tennis player. Even sportsperson. One example is how they'd balance risk with rewards. So many aspects of the game can be applied to how we navigate DeFi. Finding a balance between risk,
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@GAmitej
Amit
2 years
@NikHiL23156 @staderlabs Early users not investors ser.
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@GAmitej
Amit
1 year
Finally, it is important to stay nimble in these market conditions and retain the flexibility to move around in case of adverse events.
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@GAmitej
Amit
2 years
@dopeboyshanee @Cephii1 @staderlabs Love the suggestion. We will implement this along with other strategies in the future after farming.
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@GAmitej
Amit
3 years
@ish850 @staderlabs Yes ofcourse. We do autocompounding, air drop claiming etc.
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@GAmitej
Amit
2 years
@Snugglez711 @staderlabs @CoinList Team tokens don’t vest for 6 months after tge. CoinList doesn’t have any SD tokens. What BS are you talking? Get the facts right at least.
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@GAmitej
Amit
8 months
Making a fresh start can always feel a little daunting. What can help is knowing what helps you anchor yourself. When I was starting out with my crypto journey, especially as a builder, reading diverse resources was one of those things for me. Here's a recommendation for those
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@GAmitej
Amit
1 year
Long awaited DVT going live with SSVs mainnet.
@ssv_network
SSV Network
1 year
See you in 3⃣ days - March 30th @ 16:00 (UTC+2) Community call #13 , 🚀JATO🚀 testnet official release Set your reminders👇
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@GAmitej
Amit
2 years
@farturkey @staderlabs It does apply to all as it’s the price of SD token.
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@GAmitej
Amit
3 years
@orbital_command @TerraValidator @Cephii1 To begin with, we will have few validator baskets. As I discussed in @danku_r interview, @staderlabs will add breadth (more baskets) and width (more validators in each basket).
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@GAmitej
Amit
3 years
@warn_jared @TheRyanLion @staderlabs @warn_jared You are right in pointing this out. We are going for a strong smart contract audit with a TFL audit partner to minimise any risks. Security is our top priority.
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@GAmitej
Amit
10 months
LRTs could be huge! Check this out.
@zerokn0wledge_
zerokn0wledge 🪬✨
10 months
0/ restaking was yesterday 🔄 enter liquid restaking, a concept based on @eigenlayer that is being discussed by the chads over at @staderlabs and that could be a GAME-CHANGER for LSDfi💧🚀 a 🧵 on liquid restaking tokens (LRT) & $EigenETH (0/22) 👇
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@GAmitej
Amit
3 years
@Huevvo_Duro @staderlabs @terra_money Yes. We will have the flexibility for the stakers to choose this in the future.
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@GAmitej
Amit
3 years
@WTF_Crypto @HooliganTwts @staderlabs Thanks you. Soon after Columbus 5 launch.
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@GAmitej
Amit
1 year
@Martina_Liii @staderlabs_eth Yes. Will be there. Are you?
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@GAmitej
Amit
1 year
@marceaueth I think you are refusing to see beyond your RPL bags. We have given credits to RPL (including GPL v3) and to the original coders. Did you check the blog piece and the github details?
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@GAmitej
Amit
2 years
@staderlabs @CoinList Please note Priority Queue is not a guaranteed sale participation.
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@GAmitej
Amit
11 months
Watch for the latest launch details on Ethx. And some alpha!
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@GAmitej
Amit
1 year
What are your thoughts on diversification strategies for crypto treasuries? Let's discuss in the comments below! #cryptocurrency #treasurydiversification #bitcoin #ethereum
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@GAmitej
Amit
3 years
@PFC_Validator @haboussef @staderlabs @terra_money Clarifying that we are a smart contract platform and not a custodial solution. Stader adds a lot of convenience to #LUNAtics by spreading stake and building strategies. Regarding voting, we don’t plan to retain voting with us.
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@GAmitej
Amit
2 years
@Kev22155587 @bitcoinsean @staderlabs It’s not straight forward but generally yes. Today 40% of staking rewards are in stable coins. So luna price up, stables will be low vis-a-vis Luna. If you don’t convert to Luna, as luna goes up, your value is down. Stader enables this conversion automatically.
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@GAmitej
Amit
1 year
Heartening to see this number grow to 160+ within hours of beta launch. Join the exclusive discord now to test your node with Stader
@staderlabs_eth
Stader Ethereum
1 year
Woohoo, you’re amazing! 😍 100 node operators in less than 72 hrs! Thank you @ethereum community for your trust and support! ⚡️ We're getting closer to decentralizing ETH together! Join the ETHx permissionless Rolling Beta now. 🔗
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@GAmitej
Amit
2 years
@zigzagtrader3 @d4c1s0x @Cephii1 @staderlabs The data you see on Smart stake is real time. We show it based on past 48 hr average and smart stake data is before deducting validator commissions. What we show is the actual final Apr you get.
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@GAmitej
Amit
2 years
@kingsersir @staderlabs @BharathVedarth1 Yes ser. In a way, the blue chip works that way. We also need to keep in mind slashing history etc. these events are black swan types but can impact funds suddenly.
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@GAmitej
Amit
3 months
@Phil2913_ @KelpDAO Kelp miles will be converted to future Kelp tokens.
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@GAmitej
Amit
2 years
@DTrawangan @staderlabs @terra_money Hey ser. 1. Community pool doesn’t have anyone >2% rn. 2. Air drops pool has Orion and 2 more. Removing Orion puts users funds at risk in case the 2 validators undergo slashing. We are actively working to bring more validators to air drop pool who qualify. Pool rebalancing soon.
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@GAmitej
Amit
3 years
@DrewLonmypillow @staderlabs Stader has multiple validator indices based on parameters like performance, commissions etc.
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@GAmitej
Amit
2 years
@dopeboyshanee @SigynLuna @CryptoStephen @staderlabs @JayJaboneta @CryptoHarry_ Moving the delegations from one pool to the other isn’t technically feasible for us. Stakers have to undelegate and redelegate to community pool. We have been working with several good Terra validators. They are coming up with air drops etc. soon.
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@GAmitej
Amit
2 years
@DillonDeLuna @staderlabs @terraswap_io We have published an infographic for this mate. Instant unlock on Dex. LunaX <> Luna pool went live just an hour ago so the price will be unstable till it gets to a size.
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@GAmitej
Amit
1 year
@marceaueth Copy write attribution given to RPL code and authors for relevant repos that are forked. You seem to conveniently ignore facts in favor of protecting your own bags.
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@GAmitej
Amit
1 year
@MaxCallisto @squadstaking @mosin_eth @Rocket_Pool @staderlabs @terra_money This is absolutely untrue. The indexing is done by tfl and we did every thing to get the data to tfl and followed up rigorously. Tfl did the right indexing all all LunaX holders got the air drop. We did the development that is required on terra - launched 2 products that are live
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