Tenderize - Liquid Staking 2.0
Dive into validator specific LSTs, TenderSwap, and how you can easily compose your own LSTs using Tenderize !
Last updated
Dive into validator specific LSTs, TenderSwap, and how you can easily compose your own LSTs using Tenderize !
Last updated
What is Tenderize?
Tenderize introduces Liquid Staking 2.0, a next-generation approach to liquid staking in decentralized finance (DeFi). Unlike traditional liquid staking protocols, Tenderize enables users to stake assets with specific validators of their choice while maintaining liquidity through validator-specific tokens (tTokens). With TenderSwap, validator-specific tTokens can be instantly unstaked. Liquidity is shared between various validator-specific LSTs and the fee is calculated relative to the current liquidity utilisation of a particular tToken.
Tenderize takes liquid staking a step further by introducing composability for validator-specific Liquid Staked Tokens (LSTs). Users can combine multiple validator-specific tTokens into composite LSTs, which enhances their flexibility and usability in decentralized finance (DeFi).
Validator Choice: Stake with validators you trust while maintaining liquidity
Enhanced Liquidity: Use tTokens across DeFi while earning staking rewards
True Decentralization: Permissionless access for validators and delegators
Capital Efficiency: Reduced fragmentation through shared liquidity pools
With Tenderize the diversity and decentralisation of liquid staking is ensured. Together we create a better liquid staking ecosystem
Currently, Tenderize supports staking for:
MATIC (Polygon)
GRT (The Graph)
LPT (Livepeer)
TenderSwap is currently live for
ETH (https://lpeth.xyz)
MATIC (Polygon)
GRT (The Graph)
LPT (Livepeer)