What Is Stader LunaX?(LUNAX)
The live Stader LunaX price today is $95.49 USD with a 24-hour trading volume of $191,000 USD. They e update LUNAX to USD price in real-time. This is down 4.06% in the last 24 hours. The current CoinMarketCap ranking is #3917, with a live market cap of not available. The circulating supply is not available and the max. supply is not available. They offers the most convenient and safest way to maximize your returns on staking.
Important Points Table Of Stader LunaX
| Basic | Points |
|---|---|
| Coin Name | Stader LunaX |
| Short Name | LUNAX |
| Total Supply | 1,000,000,000 |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |
How to Buy the Continental & Trade On Exchange?
Staking Today
The staking economy has exploded with over $240 billion (USD) currently staked in the market. In the last year alone, the PoS market cap has grown by more than 15x from $21 billion (USD) to $325 billion (USD) in October 2021*, which has resulted in PoS market cap increasing significantly as a percentage of the total crypto market cap
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.
On the demand side, we are already seeing multiple segments emerge within the crypto
space:
- Retail (crypto-native and users on exchanges).
- Institutions and venture funds with a long-term holding horizon.
- Hedge funds.
Stader LunaX “next billion” entering crypto would demand access to convenient and innovative staking solutions embedded in apps they are already using. However, the risk appetite, goals, and aspirations of these segments are different. Hence, the staking product features that appeal to these segments would be equally diverse.
All-in-one staking APIs for exchanges
As the next billion consumers enter crypto via mainstream apps and exchanges, they would like to get the value-added services right in these apps. There emerges an opportunity for an API service that provides access to all staking solutions with a single integration.
Lastly, there will emerge a need for a staking infrastructure layer that enables multi-chain staking with several staking applications being built on top which can cater to these different segments of delegators. In the long run, Stader aims to be the platform that will enable users to discover these opportunities while empowering third parties to build applications on top of Stader’s infrastructure.
Problems Today
Stader has deeply assessed the problems faced by the three key stakeholders of the PoS
networks – Delegators, Networks, and Validators.
- PoS networks face stake-centralization issues.
- Delegators face complexity surrounding discovery and stake management.
- Node Operators struggle to get the right visibility and delegations
While focusing on solving the ecosystem challenges was the starting point, we now firmly believe that the addressable market opportunity for staking is easily multi-trillion USD in the next few years
Stader’s Modular Approach
c Given the countless possibilities on staking, Stader LunaX is building a modular platform which allows anyone to use Stader’s 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 Stader’s 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. Stader separates the base capital and the rewards with different contracts. This ensures that the base capital staked is always isolated from the interactions with other protocols.
Tokenomics
They have carefully designed the protocol’s tokenomics to encourage long-term sustainability of the Stader platform. The total supply of tokens will be limited to 150 million. The distribution of The tokens has been planned to incentivize the community to own a majority of the network while also reserving a suitable portion of The tokens to incentivize third parties to build on the platform.
Stader Token Utility
Stader token has several utilities across the ecosystem. Core utilities of the
token for key stakeholders include:
- Preferential delegations and Insurance:
- Preferential Delegations: Validators will stake a minimum amount of Stader tokens and percentage of delegations to the pool will be proportionately allocated based on Stader tokens staked.
- Slashing Insurance will be provided by validators via the Stader tokens staked.
Rewards and discounts:
– Liquidity Pool Rewards: Liquidity provider incentives for stakers of SD <> UST/ Luna, SD <> Liquid Luna (LunaX) pools where SD is the base token of all pools.
– Discount Tokens: SD Stakers get a discount on fees charged on Stader solutions.
– Withdrawal Fee: A portion of the withdrawal fee from Stader pools would be redistributed among governance stakers