What Is Stader (SFTMX)? Complete Guide & Review About Stader

What Is Stader (SFTMX)?

Stader is a non-custodial, smart contract-based staking platform that helps retail and institutions conveniently discover and access staking solutions. In addition to its own platform, The modular smart contracts and staking middleware infrastructure for Proof-of-Stake (PoS) networks can be leveraged for retail crypto users, exchanges, custodians, and mainstream FinTech players.

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permission less aBFT consensus protocol. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.

Stader Coin liquid staking solution helps to increase network decentralization by spreading stake among more validators. For users facing complexity in managing their delegations and discovering new validators, the staking solution greatly simplify this process. Before the launch of this project, to secure passive income on Fantom, users have had to choose between staking or seeking out earnings opportunities in Fantom DeFi.

But by collateralizing their holdings through liquid staking, users can draw upon the value of FTM to simultaneously do both. Our solution allows users to stake FTM and get a fungible liquid token(sFTMX) back that shows their claim to the underlying staked assets. The sFTMX token can be leveraged on the multiple Defi opportunities.

Important Points Table Of Stader Coin

How to Buy the Continental & Trade On Exchange?

SFTMX Price Live Data

The live Stader sFTMX price today is $0.238959 USD with a 24-hour trading volume of $27,345.50 USD. They update SFTMX to USD price in real-time. This is down 6.90% in the last 24 hours. The current CoinMarketCap ranking is #4516, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

Outlook & Opportunities

Over the next five years, staking is expected to proliferate even more. The cryptocurrency landscape will have hundreds of blockchain networks across L1s, L2s, NFTs, gaming, and metaverses. PoS and staking will be the fundamental layers that power these networks. There will be an explosive growth in innovative staking solutions built on top of the PoS chains.

Vision

Serving several segments that have varied staking needs and aspirations isn’t possible for a single application to do. Hence, Stader will build the staking lego blocks to be the infrastructure middle layer that enables anyone to build staking and related products. The founding team of have been in the crypto world for many years and have deep experience in staking and building mining optimizers.

They have seen first-hand how difficult and effort-intensive it is to choose a mining pool and we see the same happening in staking. They aspire to make staking effortless while unleashing several innovations on staking. While they embark on the journey of building cross-chain staking lego blocks, it is critical for to first demonstrate the success of the platform. We started our journey with Terra and Solana.

Problems Today

Stader Coin has deeply assessed the problems faced by the three key stakeholders of the PoS networks – Delegators, Networks, and Validators.

1. PoS networks face stake-centralization issues.
2. Delegators face complexity surrounding discovery and stake management.
3. Node Operators struggle to get the right visibility and delegations.

Stader’s Modular Approach

Given the countless possibilities on staking, Stader is building a modular platform which allows anyone to use The pre-existing components to build their own staking solutions. As staking evolves over the next few years, architecture allows flexibility to grow and incorporate new features day in and day out. Extensibility is woven into technical blueprint, with a system of highly-interactive smart contracts. Incorporating a new strategy or
pool would just require a few changes in a specific independent contract