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“While the Ethereum staking ecosystem is already mature and features multiple protocols and services, it's somewhat centralized today as the top three entities have more than 50% ETH staked on them while the predominant liquid staking protocol has roughly 90% market share,” said Amitej Gajjala, CEO at Stader Labs, told
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Staking platform Stader Labs announced Thursdsay it has closed a $12.5 million private sale led by Three Arrows Capital, valuing the Bangalore-based company at $450 million.Staking is part of the consensus mechanism of Proof-of-Stake (PoS) protocols. Instead of relying on computers solving arbitrary mathematical problems to validate transactions on the
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Stader Labs, a cryptocurrency staking management platform, has today announced a $4 million financing round to accelerate development across multiple blockchains including Ethereum, Near and Polkadot, as well as broadening its marketing campaigns.The funding raise was conducted by Pantera Capital, with participation from a prominent number of venture capital funds,
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