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# System prepended metadata

title: AMA-session NEAR RU Guild with Stader team

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# AMA-session NEAR RU Guild with Stader team

##### by [@alёna](https://t.me/@alenaplatays)


Stader is a liquid staking platform that runs on various blockchains including Terra, Solana, Ethereum, Fantom, Hedera, Polygon, creating an economic system for growth.

Stader and NEAR Ru Guild meet to talk about plans and vision of the Stader company.

## Welcome to NEAR Ru Guild to Stader team. Tell us a little about yourself. Background of your team.

I am Anoothi, Head of Terra & Rust at Stader. Stader’s vision is to make staking mainstream with 1Bn+ users earning passive income through staking across major PoS blockchains.

In order to achieve this vision, we at Stader, have been executing at rocket speed.

We launched on the erstwhile Terra blockchain (now Terra Classic) in late November of last year and saw $1Bn+ in TVL and 35000+ wallets at its peak.

By April we had expanded to 3 additional blockchains - Hedera, Fantom and Polygon and have grown rapidly in each of those.

We were also one of the first protocols to launch on Terra 2.0.

Capped launch on Mainnet for NEAR is already underway and we are targeting full-scale uncapped launch next week. Work on BNB too is at full flow. So yeah, lots of new things underway.

We have a very strong executing team with experience across tech, marketing, process & strategy. They are alums from pedigree colleges and bring with themselves strong on-ground experience.

## In your opinion, what is the distinctive feature of the Stader project?

I would say our biggest USP is diversified portfolio with presence across 5 blockchains with launch on NEAR and BNB soon too.

This diversifies our TVL and revenue base, thereby making us less dependent on the intrinsic volatility of a single blockchain hence providing stable revenues. Thus we are more consistent value accrual for our SD token holders.

We follow an extensive data-backed process of validator evaluation and selection. Existing solutions rely on the complete list of validators.

However, Stader will focus on a carefully selected list and share the evaluation with the users. In order to support this we are building on chain data analytics to draw validator information.

Stader will bring the gold standard to security in liquid staking with audit by world’s leading cyber security firm Halborn.

We have undergone 13 successful audits in other chains, with Halborn enlisted for NearX audit.

Next are the Rapid integrations that we are planning.

Our integration with REF Finance has already been announced while those with Jumbo Exchange and Tonic are coming soon.

We even did a poll recently on our twitter page to get an idea about the integrations people are using the most. The idea is to provide convenience and ease at every step.

Summing it up- our core points are - best in class APY led by best performing validators, SD rewards and rapid integrations with protocols backed by dual rewards.

## Can you tell us about why you decided to come to NEAR Protocol?  What did you find attractive in our blockchain?

The future will belong to blockchains that can scale sustainably and at lower cost to the end user.

NEAR’s unique Nightshade sharding technology helps it achieve an impressive 100K transactions per second (eth is 15-20 tps).

NEAR’s mission of taking Web3 to a billion users resonates with Stader’s commitment of taking liquid staking to 1 billion wallets. High scalability at economical & sustainable costs will favor mass adoption.

Also, NEAR is very community focused. They have allocated $800 million for ecosystem development which will go towards learning, education and capability building for the community.

It is one of the top 10 blockchains wrt staking adoption and is focused on bringing greater yield opportunities for user and is investing deeply into building a rich DeFi ecosystem.

NEAR is a highly capable and future ready blockchain and Stader is proud to be a part of NEAR’s growth story.

## Please tell us more about Stader's goals and plans for the NEAR?

Stader’s OBJECTIVE is to bring the best of liquid staking to NEAR and achieve over 10 Mn NEAR in TVL Liquid Staking over the next few months.

Stader will be the first multi chain liquid staking protocol coming on NEAR. This brings experience & expertise.

We are confident of achieving the target because:
- High Quality Validator Selection with inbuilt integration to promote decentralization
- Best in class APY backed by SD rewards
- DeFi opportunities through rapid protocol integrations
- Strong executing team
- Fund security

## Are you planning to collaborate with other projects on NEAR or Aurora?

Definitely!! There is a lot of focus on collaborations & integrations.

Our NEAR<>NearX pool has already been whitelisted on REF Finance.

Upcoming integrations with Jumbo exchange & Tonic have already been announced. Integration is in advanced stages and will be live soon.

Oin finance shall be there too. these are for NEAR.

For integration in Phase 2 when we focus on Aurora, some of the names currently being considered are Bastion, Trisolaris, Aurigami, Wannaswap, Bluebit & PinkPea Finance.

Our Stader token too comes with lot of advantages:
- SD tokens can be traded across DEXs like Uniswap, Sushiswap for SD (ERC-20) token & on Terraswap for whSD (CW-20) token.
- You can also trade your ERC-20 SD tokens on Exchanges like Huobi, OKX, BitGet and Gate.io. We are under the due diligence process with other exchanges and will announce once they confirm listing.
- It will also be bridged to NEAR so as to increase its utility and provide as many benefits to the holders as possible.

## Can the NEAR community help the project in any way or participate in its development? Maybe you have a project Ambassador program and the community can participate in them?

Oh definitely!! The complete marketing on NEAR is going to focus heavily on community outreach & educational content creation. Multiple community outreach programmes are already underway.

We have launched the KYC - Know Your Community programme. As part of it, we are collaborating with communities that are helping advance NEAR's message of mainstream blockchain adoption around the world.

We have also launched Near nuggets - an Education based Content series where 1 NEAR focused topic is covered in detail every week through multiple threads. These topics are then summarized on blogs & short videos to provide better explanation.

Along with these, interactive programmes such as NEAR-based Quizzes and polls are being conducted to capture the pulse of the ecosystem and keep the community engaged. USD rewards are given to best responses.

We also have very active communities on both Twitter & TG with Weekly $100 USDC prize money on each platform. We have NEAR Quizzes, polls and competitions. A lot of AMAs on both the platforms are being conducted to reach out to as much community as possible.

I will share the links with you. We would love to have more & more people join us. The more, the merrier :)

We will reward early bird stakers with APY well above the current 10%; provide users with access to SD tokens as rewards. We are continuously posting updates on our social platforms. Please join us on twitter and tg to stay updated:
[Twitter](https://twitter.com/stader__near) | [TG](https://t.me/staderlabs_near_official)

## What stage of development is the project at? How soon will it be available to all users? What are the plans for 2022?

The complete project has been divided into 2 phases - Phase 1 focussing on NEAR & Phase 2 which would revolve around Aurora.

Phase 1 of our Product is NearX on NEAR. Capped Mainnet launch is currently underway with our Alpha group of first 1000 users already experiencing it and sharing their thoughts. Once the product has been further refined, we will have a full scale launch. The next week has been targeted for that.

So please stay tuned to our socials on both twitter & telegram to stay updated with latest news. Would love to see you guys there.

Our integration with REf finance in this phase has already been announced while those with Jumbo Exchange and Tonic are coming soon. Burrow is being planned as the Lending Protocol Integration. Talks with Oin finance are also in advanced stages.

Phase 2 shall be around Aurora post NearX Mainnet launch. The integrations will be more. We intend to provide as many defi opportunities as possible and will have a whole suite of integrations to achieve the same. Some of the names currently being considered are Bastion, Trisolaris, Aurigami, Wannaswap, Bluebit & PinkPea Finance.

We will reward early bird stakers with APY well above the current 10%; provide users with access to SD tokens as rewards. We are continuously posting updates on our social platforms. Please join us on twitter and tg to stay updated:
[Twitter](https://twitter.com/stader__near) | [TG](https://t.me/staderlabs_near_official)

# Let's see what questions the community has prepared for us?

### Could it happen that a validator you selected suddenly gets jailed? If so, what would be your way to proceed?

To begin with, we are following an extremely stringent criteria for validator selection.

Selection Criteria & reason:
1. Voting Power < 3% - Lower voting power encourages smaller validators to participate and improves decentralization;
2. Commission < 3% - Lower commission improves APY;
3. Uptime > 99.5% - Uptime ensures validator reliability and performance consistency;
4. Number of delegators > 500 (Top 30%) - No. of delegators > 500 ensures fund security.

Thus, each of our validator has undergone a strict selection criterion. we are also focussing intensely on security. Thus, the chances of a validator turning errant are extremely slim. Stakers and safeguarding their investments are our top priority and we will take every measure to prevent any untoward incident.


### How are planning to achieve the revenue of 10m TVL, when the entire crypto world is going through a bear market?

Yes, that is a very ambitious goal but we are confident of achieving it.
There are multiple factors which give me this confidence, the list of which starts with the team. We have an exceptionally strong team which executed at break-neck speed and launched liquid staking solutions within days on Terra 2.0. in fact, we were one of the first protocols to launch on Terra 2.0.
Then, we are having high quality validator selection with inbuilt integration to promote decentralization and best in class APY backed by SD rewards which will really provide the stakers a better experince and higher returns.
We are integrating at a rapid rate to bring more and more protocol integrations thereby offering better defi opportunities.
Backed by our strong gold standard security, I am quite confident of achieving the lofty goals we have set for ourselves.


### When we are going to see Stader integrated in a wallet?? There are few wallets building on NEAR Ecosystem.

Great Question! We are looking to integrate with several wallets for distribution and are in conversations with upcoming wallets like Meteor, Dojo to explore possibilities. We are also talking to streamable money solutions like Roketo for a potential collaboration

### How do you rate other liquid staking platforms on NEAR, as competitors, or could there be any sinergy? What actions (other than a well-known brand) do you plan to attract users?

We are coming to NEAR with the vision to expand possibilities with respect to liquid staking. We are more focused on building the ecosystem rather than competing with other sites. Our value proposition will involve:
1. Stringent validator selection and rebalancing of validator pool with on chain data analytics to retrieve validator performance data;
2. Multi-chain presence with diversified TVL and a token that derives value from this diversification. Users will get access to SD token rewards across Stader's integrations with protocols;
3. Gold standard in security with NearX audit led by Halborn, one of the leading cyber security firms in web 3.0 space;
4. Best in class APY led by Defi integrations across NEAR and Aurora.


### How attractive from a marketing standpoint do you see adding NEAR to your ecosystem? On what basis was the choice of NEAR for your platform? 

We really believe that the future belongs to blockchains that are scalable, sustainable and cost effective. 
1. NEAR's nightshade sharding technology makes it one of the most scalable blockchains with throughput of 100K transactions per second compared to the 15-20 tps on Ethereum
2. NEAR is a climate neutral product and sustainability focused
3. NEAR is committed to building the ecosystem with $800 Mn committed to the ecosystem development fund for proliferation of new protocols.


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