Stader Labs has launched a new product this week that allows users to stake Ethereum (ETH) with the highest yield compared to other protocols. The non-custodial multi-chain liquid staking platform is offering a 50% reward boost, resulting in a reward rate of over 6%. Node operators can also leverage 8x to earn up to 35% more yields on their staked ETH.
Unlike native Ethereum staking, which requires holders to lock up a minimum of 32 ETH, Stader said it would let node operators maintain the network with just 4 ETH — or an 85% lower capital commitment, said Amitej Gajjala, CEO at Stader Labs. To help alleviate these challenges and maintain our pledge to keep Ethereum decentralized, Stader has imposed a self-limit of 22% share of all staked ETH to mitigate centralization and promote a fair and balanced distribution of power among Ethereum staking solutions.
Popular staking services such as Lido and RocketPool hold a cumulative $15.5 billion worth of ether, with yields ranging from 3% to 4% as of Thursday, data shows. Liquid staking has been rapidly rising over the past months, with a 210.9% increase in market capitalization in Q1 2023, making it the third largest category in DeFi, according to CoinGecko.