Stader sFTMX

Stader Labs is a non-custodial smart contract-based staking platform that helps you conveniently discover and access staking solutions.We are building key staking middleware infra for multiple PoS networks for retail crypto users, exchanges and custodians. sFTMX is a liquid token that users get when they stake FTM with Stader. The sFTMX tokens represent their staked FTM. They allow users to swap them at a later date for their staked FTM and accrued rewards with Stader. As the FTM rewards get added, the value of sFTMX increases. To illustrate the above explanation, here is a video. Meanwhile, users are able to use it on multiple protocols on Fantom to participate in Defi opportunities.