Liquidity enabler for staking
@staderlabs
+ restaking
@kelpdao
| Making DeFi more rewarding for users and operators | Love tennis, travel, legos w/ my 6 yo 🏝
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
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: 🧵
$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!
🌊
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
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. 🗼🇫🇷
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🧵
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:
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:
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 🙏
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.
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.
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!
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
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.
🎙️ 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.
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🧵
🚨 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!
🔗
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.
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!
🌱
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.
⚓
@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.
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!
🔗
🧵👇
@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.
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
@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.
🚨 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 👇
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.
@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.
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👇👇
$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! 👀
🧜♀️👇
@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.
@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.
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.
@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?
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.
@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?
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,
@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.
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
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) 👇
@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?
@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.
@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.
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.
🔗
@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.
@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.
@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.
@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.
@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.
@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