Stader Labs Reiterates Commitment to Security
Stader Labs Reiterates Commitment to Security
🔒 Peek behind the vault
Stader Labs emphasizes its security-first approach in building Liquid Staking Tokens (LSTs) on PoS blockchains. Key security measures include:
- Regular code reviews and testing by in-house engineers
- Frequent audits by top cybersecurity firms
- Bug bounties up to $1M on Immunefi
- Continuous on-chain monitoring using Forta Network
- Slashing insurance and fund loss protection
- Node operator diversity for ETHx users
Stader's LSTs, governance token, and SD Utility Pool have been audited by firms like Halborn Security, PeckShield, and Quantstamp. For more details on Stader's security practices, visit their documentation.
Security has always been our utmost priority! 🔒 Stader has always been dedicated to a security-first approach building LSTs on top PoS blockchains. ✅ Regular audits 🐛 Bug bounties 🔍 Code reviews, testing and more.. Here’s a round-up of Stader’s security practices. 👇
Stader Labs Seeks Community Input on $SD Token Buyback Strategy
Stader Labs is initiating a community discussion on how to utilize their quarterly $SD token buybacks, following their first successful buyback of $150k worth of tokens. The proposed options include: - Buyback & Burn - Distribution to SD stakers - Distribution to Cabbage traders - Hybrid model: 50/50 split between stakers & traders The community can provide feedback via the [official forum](https://forum.staderlabs.com/t/community-discussion-what-should-be-done-with-bought-back-sd/1435). A Snapshot vote will follow to finalize the strategy. *Buyback wallet for transparency*: 0xEfE40Ff167A89cE3bAbdAd161d41D798Ca7116b
Cabbage Trading Terminal Updates on Solana
Cabbage, the popular Solana trading terminal, has released new updates to enhance the trenching experience. The platform, known for its fast dashboard displaying new tokens across Solana launchpads like Pumpfun, now offers: - Improved filtering capabilities - Enhanced token scanning features - Streamlined interface for better focus The update builds on Cabbage's core feature of tracking new token launches and providing real-time trading insights. Users can now more effectively customize their view by hiding unwanted elements. *Visit [Cabbage](https://cabbage.com) to explore the new features.*
Stader Labs Announces $2M ARR and Launches New Vaults
Stader Labs reported $2M Annual Recurring Revenue as of September 2024, demonstrating growth across their Liquid Staking Tokens (LSTs). Key updates include: - ETHx Hyperloop vault launch on Enzyme Finance, targeting 5.5-6.5x staking rewards boost - ETHx and MaticX 5x and 10x Smart Loop Strategy vaults on VaultCraft - MaticX leveraged loop strategies offering up to 14% boosted staking rewards - BNBx-BNB Concentrated Liquidity Pool by ThenaFi listed on Rivo - HBARx pre-season points distribution by Bonzo Finance Stader continues to focus on sustainable development and expanding its ecosystem.