Stader Powered Liquid Staking on Haven1

One of the most exciting innovations of Web3 is the level of control users have over their assets. No longer do they have to sit with a custodian—for example a bank for traditional finance—now you have the freedom to access and use your assets as you see fit. There’s an even expanding array of options to put your assets to work and increase their net value.

With that in mind, we’re excited to delve into Haven1’s collaboration with Stader Labs, which brings you the future of ETH staking, offering all of you Havenauts a Liquid Staking product with unparalleled rewards (and flexibility). 

Liquid staking gives you the best of both worlds

Liquid staking is a growing concept that allows you to contribute to a network’s security while maintaining the liquidity of your assets — which in this case is ETH. By partnering with Stader Labs, a pioneer in the field, Haven1 is bringing this solution to our platform and our community.

Stake your ETH via the Haven1 ETH Staking product to yield hsETH, a liquid representation of your staked ETH, unlocking rewards and high APR on your staked assets. Read on for more details.

Safety first

Security is paramount, just last week the total losses from hacks and scams this year passed $1 billion. 

Having a leading partner is essential and Stader Lab’s proven track record, backed by over 100,000 users and a TVL exceeding $518 million, underscores its reliability. To further bolster security, Haven1's Liquid Staking product has undergone rigorous audits by industry-leading firms, Sigma Prime and Zokyo.

Unlock your potential with hsETH

When you stake your ETH on Haven1’s Liquid Staking product, you receive hsETH tokens, a liquid representation of your staked assets. This unlocks a world of benefits:

• Accumulate LP Points: Earn LP points based on the amount of ETH staked and the duration of your stake. These points contribute to a significant portion of our upcoming airdrop. (20% of our airdrop to users who are staking ETH.)
• Boost Your Airdrop Rewards: Enjoy a substantial boost to your airdrop rewards, ranging from 10% to a remarkable 200% depending on your staked ETH amount.

• Earn High APR: Your contribution to the TVL does not go unnoticed. You receive a high APR on your ETH while staked. To learn more about APR and how much it is, check out our documents. 

Join our ETH staking campaign!

As a reminder, our exciting ETH Staking campaign remains ongoing! Stake your ETH on Haven1 and you will automatically be entered into a prize pool with the chance of winning additional ETH and SD token rewards!

Head here to take part of learn more: https://testnet.haven1.org/blog/stake-your-eth-reach-new-heights-haven1-s-milestone-rewards-await-1

What you need to know:

• Eligibility Deadline: August 19, 2024 (with a minimum of 0.1 ETH staked)
• Staking Period: 30 consecutive days after August 19, 2024
• Winner Announcement(s): Will take place after September 19, 2024

Don’t miss your chance to win big while earning attractive yields on your ETH! Check out the Liquid Staking Product here: https://portal.testnet.haven1.org/stake-eth