🛸 Stader Staking: Do the users like it?

    [Stader 1] Show the unique addresses depositing into Stader each day. How do these numbers compare to other protocols on the Terra blockchain? How much are these addresses depositing?

    Stader Labs launched on November 20th with a guarded launch for the first week. Basically, Stader implemented caps for the first week to ensure a smooth launch. Details available in the linked blog post.

    We can see right away the interest generated by Stader Labs, with over 6,000 unique depositors depositing their LUNA into the three pools on the opening bell.

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    Those 6,000 wallets deposited 200,000 LUNA into the pools on day one and millions when the cap was raised on the 23rd.

    Stader passed 4,000,000 deposited & staked LUNA by November 29th - barely a week post-launch.

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    I'll save the long explanation of Stader and the pools for a comprehensive post on my website, but basically the protocol will auto-collect and compound airdrops for stakers, enhancing yield and minimizing gas and manual oversight.

    They offer three pools:

    1. blue chip - highest performance validators
      • dokiacapital
      • stake.systems
      • accomplice blockchain
      • luna station 88
      • everstakeone
    2. community - validators contributing to the Terra community
      • marte cloud
      • lunaorbit
      • smart stake
      • terra bites
      • pfc
    3. airdrops plus - validators providing their protocol tokens
      • orion.money
      • talis protocol
      • neptune finance
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    On a dollar basis, Stader has achieved a significant TVL in such a short amount of time.

    Comparing Stader to the rest of the Terra Ecosystem, we see they've already captured the #5 spot as of December 18th. A very impressive feat...
    (source - twitter)

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