TechFlow news — Stader Labs, a liquid staking protocol, has expanded to Ethereum this week and claims its product offers the highest Ethereum (ETH) staking yields available.
Stader issues a token called ETHx to represent full staking positions, with 4 ETH coming from node operators and the remaining 28 ETH from liquid stakers. Stader provides users with a 50% rewards boost, achieving reward rates above 6%.
Meanwhile, node operators using Stader’s services can gain up to 35% additional yield on their staked ETH through 8x leverage.
Gajjala, CEO of Stader Labs, said: “The Ethereum staking ecosystem has matured, with multiple protocols and services available, but there is currently a degree of centralization—top three entities hold over 50% of staked ETH, and major liquid staking protocols account for about 90% of the market share.” To address these challenges and uphold Ethereum’s promise of decentralization, Stader has implemented a self-imposed 22% cap on all staked ETH holdings to promote fair and balanced distribution of power.
