[PRESS RELEASE – Please Read Disclaimer]
Through the partnership, users can take advantage of seamless entry into the Web3 ecosystem and participate in DeFi conveniently and safely
March 7, 2023 – Stader, a leading infrastructure staking platform, has partnered with OKX Wallet to bring innovative staking solutions to the masses. OKX Wallet is a multi-platform, universal crypto wallet that provides easy access to the Web3 ecosystem. The two firms have joined forces to enable users to flawlessly interact with DeFi staking products.
Through the partnership, OKX Discover, the leading discovery platform for decentralized applications, has supported Stader, and Stader has successfully integrated OKX Wallet web extension on its website, allowing users to stake with any group of validators in a single transaction, deploy staking rewards on any protocol, and claim airdrops with one click from the OKX Wallet.
Stader’s vision is to onboard the next one billion users into the staking ecosystem, and the partnership with OKX is a significant step towards achieving this goal. Stader developers have extensive experience in staking and building mining optimizers and have created novel staking smart contracts that will be launched in the next few weeks. These smart contracts will provide users with liquid staking token issuance, allowing them to stake across multiple PoS blockchains.
About OKX Wallet
OKX Wallet is a multi-platform, universal crypto wallet created by the world’s namesake leading cryptocurrency exchange. Users can use the OKX Wallet to gain easy access to the Web3 ecosystem, including tokens, NFTs, and dApps in more than 40 chains and roll-ups. As a self-custodial, decentralized wallet product, users are in charge of their own private keys and crypto assets on both EVM and non-EVM chains.
About Stader
Stader Labs is a multi-chain liquid staking solution with a vision to empower users to earn passive income through its staking infrastructure. Having launched on the erstwhile Terra blockchain in November 2021, Stader surpassed $1 billion + in total value locked (TVL) with approximately 35,000 staking wallets during its peak. The firm then took a strategic decision to diversify across other layer 1 blockchains. As of today, the protocol is present across 6 major blockchains; Hedera, Polygon, BNB Chain, NEAR, Fantom, and Terra 2.0, with more than $150 million in TVL and 70,000 active wallets.
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