Stake DAO Overview
- What is Stake DAO?
Stake DAO is a non-custodial defi platform that offers liquid staking of governance tokens of various protocols. It allows users to convert their governance tokens into sdTokens(native token of Stake DAO), which can still be used for voting while also being staked to earn yields.
- Main Features
- Yield Optimization StrategiesGovernance ParticipationCapital EfficiencyMulti-Chain and Multi-Token SupportMaximize yield
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Frequently asked questions
Liquid Lockers allows users to maximize their yield and voting power while maintaining liquidity on their governance tokens. Users can convert their governance tokens to sdTOKENS within the Liquid Lockers, which helps optimize yield across various platforms. By depositing tokens into Liquid Lockers, users can earn boosted yield, SDT rewards, and increase their voting power.
veSDT is a token that is obtained by locking SDT (Stake DAO Token) in the Stake DAO Liquid Lockers. As the veSDT holdings decrease linearly as the lock expiry approaches, the locked SDT is unlocked. By increasing the lock period, users can maximize their amount of veSDT. veSDT provides several benefits, including boosted yield, SDT rewards, and increased voting power within the Stake DAO ecosystem.
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