Frontier partners with Stader Labs: Pioneering the pivotal role communities play in ETH decentralization
Stader, is proud to announce its partnership with Frontier, a ‘Staking as a Service’ product conceptualized by the Aave Chan Initiative (ACI) under the Aave DAO umbrella.
Stader, is proud to announce its partnership with Frontier, a ‘Staking as a Service’ product conceptualized by the Aave Chan Initiative (ACI) under the Aave DAO umbrella.
In this groundbreaking initiative, Aave DAO will be spearheading 32 ETHx validators, each requiring 4 ETH, totaling 128 ETH. ETHx allows node operators to spin an Ethereum validator with just 4ETH i.e. 85% lower capital vs solo staking, enabling an 8X leverage that generates 42% higher rewards.
ACI will take the helm in operating “Frontier,” managing validator nodes on behalf of Aave DAO. This initiative serves a dual purpose: to diversify the platform’s staking strategy while further decentralizing the Ethereum network.
Notably, the launch of “Frontier” marks a historic milestone, positioning Aave as one of the first DAOs to undertake the operation of Ethereum nodes. This bold step underscores Aave’s unwavering commitment to advancing the ethos of decentralization in the crypto sphere.
For the Stader community, this collaboration represents a moment of immense pride and gratitude. Partnering with a vanguard like Aave reaffirms our dedication to fostering decentralization and underscores the pivotal role communities play in shaping the future of Ethereum staking.
Marc Zeller, the visionary founder of ACI, aptly captures the significance of this initiative, stating, “Frontier represents a significant leap forward for Aave DAO. By proactively running nodes and expanding our staking strategy, we not only deepen our integration with the Ethereum network but also set a precedent for DAOs worldwide.”
Echoing this sentiment, Amitej Gajjala, the co-founder of Stader Labs, emphasizes the honor of collaborating with ACI and Aave DAO on this transformative journey. Gajjala asserts, “Stader is honored to partner with ACI and Aave DAO to propel Frontier forward. This initiative is pivotal in advancing the decentralization of the Ethereum network, underscoring the indispensable role that DAOs and communities play in this paradigm shift.”
As we embark on this collaborative journey with Aave DAO and ACI, we invite you to join us in shaping a future where decentralization reigns supreme. Together, let us pave the way for a more inclusive, transparent, and equitable financial ecosystem. The revolution is here, and Stader is proud to be at the forefront of change.
Stader Labs is a multi-chain LST protocol live across Ethereum, Polygon, BNB & Hedera with $580M+ TVL, 250K+ community members & 85K+ stakers. Our liquid staking solution on Ethereum, ETHx, alone has $400M+ TVL along with 240 node operators & 3700+ validators securing the Ethereum network in just 7 months of launch.