Stader’s Positioning Under Current Market Conditions

The sequence of events that have unfolded on the Terra ecosystem over the last few days were unexpected and extremely challenging to say the least. Our heart goes out to the #LUNAtics who were invested in the Terra ecosystem. We truly empathize with each of you who has lost their hard earned savings to the UST and Luna fall. We understand the pain and we are in this together.

At Stader, we are fortunate to have incredible investors and funds who have backed us by participating in our public and private sale. This has equipped us with a $30 Mn+ treasury that will allow us to build amazing staking solutions for retail and institutional investors over the next 5–10 years, even with our existing burn rate.

Stader has also fortunately built and released staking solutions on 3 additional blockchains i.e., Hedera, Fantom, and Polygon. Our development and growth on these three blockchains are continuing at full pace. These three blockchains significantly diversify and safeguard our revenue base. Going forward, Stader will double-down on being a multi chain platform, diversifying into several other key blockchains.

The availability of capital coupled with a strong executing team will help us to launch several new projects in the future, bringing the best of crypto to our community.

As we buckle up to work on the promises of the future, we want to iterate that the Terra ecosystem will have Stader’s continued support as it embarks on the road to recovery and finally bounces back!