Stader Labs

Founded in 2021, Stader Labs is a cryptocurrency company that develops decentralized finance (DeFi) protocols for staking. Its mission is to simplify staking and make it accessible to a broad audience while helping to decentralize Proof-of-Stake (PoS) networks. The platform allows users to stake their crypto assets (like Ethereum, Polygon, BNB) and in return, receive liquid staking tokens (LSTs). These LSTs represent the user's staked position and accrued rewards, and can be used across the DeFi ecosystem to earn additional yield, providing liquidity and capital efficiency on staked assets.