Stader ETHx

Stader is a non-custodial smart contract-based staking platform that assists users in conveniently discovering and accessing staking solutions. The company is focused on constructing essential staking middleware infrastructure for multiple Proof-of-Stake (PoS) networks, targeting retail crypto users, exchanges, and custodians.

Stader ETHx (ETHX) is an ERC-20 standard token that serves as a receipt for staked Ether coins on Stader. It can be used in DeFi protocols to earn additional rewards and can be traded and used to transfer ownership of staked tokens. The value of these tokens increases as the staking rewards, MEV, and tips are earned through staked ETH