Tenderize - Liquid Staking
  • 👋Introduction
    • Tenderize - Liquid Staking 2.0
    • Single-Validator LSTs (tTokens)
    • Multi-validator LSTs
    • TenderSwap - Efficient LST Liquidity
  • 🥩Staking
    • Single-Validator LSts
    • 🔧Technical documentation
  • 🔄TenderSwap
    • White paper
    • Yellow Paper
    • 🔧technical documentation
  • 🎨Composability
    • Introduction
    • Create your Composite LST
  • 🥩WAGYU Token
    • WAGYU Token
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  1. Introduction

Single-Validator LSTs (tTokens)

PreviousTenderize - Liquid Staking 2.0NextMulti-validator LSTs

Last updated 1 month ago

Single-validator LSTs (tTokens) are liquid staked tokens that represent your staked position with a specific validator. Think of them as extension of the native staking experience, you retain the freedom to pick and choose your validators of choice, but as a liquid staking experience instead..

How Single-validator LSTs Work

Minting tTokens

  • When you stake assets (e.g., MATIC, GRT, or LPT), Tenderize mints tTokens at a 1:1 ratio

  • Each tToken is specific to your chosen validator (e.g., tMATIC-ValidatorA)

  • The amount of tTokens you receive corresponds to your staked amount

Validator Relationship

  • Each tToken maintains transparency about its associated validator

  • You can track validator performance and rewards directly

  • Validator-specific risks and rewards are reflected in the tToken

Reward Accrual

  • Staking rewards automatically increase the value of your tTokens

  • Your tToken balance grows with your staking rewards, making rewards very intuitive.

Instant unstaking & DeFi Integration

tTokens can be instantly unstaked for a small fee using .

They could also be used across various DeFi applications:

  • As collateral in lending protocols

  • In yield farming strategies

  • For trading on decentralized exchanges

  • In liquidity pools

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