Stader blog

What is Binance ? Founded by Changpeng Zhao in 2017, Binance is one of the most popular and largest cryptocurrency exchanges in the world in terms of trade volume. Binance has a variety of use cases including Spot Trading, Margin Trading, Futures Trading, and Lending. Binance also has its own cryptocurrency,

Ethereum is a Decentralized open-source platform which enables the Blockchain Developers to build and deploy the Smart Contracts and decentralized applications (dApps). The transactions made through Smart Contracts are the simple self-executing programs that are executed on the Ethereum Blockchain once the predetermined conditions are met. This enables the transactions

Proof of Work Proof of Work (PoW) is a consensus mechanism that is used to verify and authenticate the transactions in the Blockchain Networks. The PoW mechanism is used to add new blocks to the blockchain. A consensus mechanism is an approach used in decentralized systems to ensure that all

In recent years, blockchain technology has been one of the most talked-about developments in finance and the digital world. Among the many innovations brought about by blockchain technology, smart contracts have garnered a lot of attention.   These are powered by blockchain and have the potential to revolutionize the way contracts

BNB is a cryptocurrency launched by Binance, the world's largest cryptocurrency exchange in 2017. BNB can be used to earn rewards, lending, to create smart contracts, and for making transactions as well. What is BNB, It is also used to pay for the trading fees on Binance.  Apart from this,

Understanding the Polygon Bridge Polygon Bridge is a bridge service that allows you to transfer your tokens between the Polygon network and other blockchain networks like Binance Smart Chain, Ethereum, and others. It is a decentralized bridge, meaning that it is not controlled by any one entity. This makes it

What exactly is Staking? Staking is a process of locking up your cryptocurrency through which you can participate in validating the transactions on a blockchain network. In Staking, the Stakers are rewarded with an additional cryptocurrency for their participation which can be a good way of getting rewards on their

Polygon zkEVM, an L-2 scaling solution for Ethereum that uses zero-knowledge proofs (ZKPs) to achieve high throughput and lower gas fees. It is designed to be fully compatible with the EVM so that developers could easily port their existing Ethereum dapps to Polygon zkEVM. ZKPs allow two parties to verify

A stablecoin is a crypto asset designed to maintain a relatively stable value to another asset, such as a fiat currency (e.g., the US dollar), a commodity (e.g., gold), or another cryptocurrency (e.gBitcoin). The value of a stablecoin is far less volatile than the price of other

An Ethereum bridge is a blockchain-based protocol that allows users to transfer assets between Ethereum and other blockchains. Ethereum Bridges works by creating a two-way connection between Ethereum and the other blockchains. This connection allows the users to deposit assets on one blockchain and withdraw them on some other blockchain.

Polygon Supernets is a way to build and deploy decentralized applications (dApps) on the Polygon network. Supernets are particularly useful to organize large amounts of data and facilitate communication between different groups of users. How do Polygon supernets work? Polygon Supernets are built on top of the Polygon network, but

What is Liquid Staking? Direct (also known as native or traditional) staking requires you to lock up your cryptocurrency for a fixed staking period of time. That can either be months or years to keep your native tokens untouched, this is where liquid staking comes into existence In liquid staking

Ethereum's transition to Proof of Stake (PoS) has significantly elevated the significance of DeFi staking. Staking plays a pivotal role in the PoS consensus system, with validators committing a minimum of 32 ETH (only for Ethereum blockchain) to engage in block proposal, validation, and safeguard the entire blockchain. In this

LSTfi (Liquid Staking Tokenized Finance) has emerged as a significant force in the DeFi (Decentralized Finance) landscape. This innovative financial system leverages liquid staking tokens (LSTs) to unlock new avenues for yield generation and asset management. This comprehensive guide delves into the core principles of LSTfi, its key components, and

Wondering what is a staking pool? It is a method where multiple users combine their resources to increase their chances of validating blocks and receiving rewards . In cryptocurrency, staking is a fundamental part of Proof of Stake (PoS) systems, such as Ethereum 2.0. Staking pools have made this lucrative

What is DeFi & How Does it Work? Decentralized finance (DeFi) is a financial system which is built on top of blockchain technology. DeFi allows users to participate in financial services without the need for a third party, such as a bank or a traditional financial institution. DeFi applications are built

What is BNB? BNB is a cryptocurrency launched by Binance, the world's largest cryptocurrency exchange in 2017. BNB can be used to earn rewards, lend, and for making transactions as well. Apart from this, BNB is also used to pay for the trading fees on Binance.BNB powers the Binance

What is MaticX? Stader’s intent with its liquid staking token, MaticX, is to create an LST with a unique value proposition to users and node operators while also adding to the diversity of LSTs on Matic Network. Some of the key features of Maticx are as follows: Built for

What is an ETH Wallet? An ETH wallet is a digital wallet that stores Ethereum tokens (ETH), a cryptocurrency that was created by the Ethereum Network. An ETH wallet allows you to store, send, and receive Ethereum (ETH) and other cryptocurrencies. ETH wallets are similar to bank accounts, but they

Understanding Ethereum and Its Significance Ethereum Chain is a decentralized open-source blockchain system that features its own cryptocurrency, ETH. ETH is the 2nd largest cryptocurrency by market cap, after BTC. Majorly, Ethereum is being used to create decentralized applications (dApps), which are applications that run on the blockchain and are