Description
Tender Tokens are liquid staked tokens managed and curated by the Tenderize protocol and $WAGYU token holders. They stake deposits across a diverse validator set through smart-contract-level rebalancing, directing deposits to underallocated validators and withdrawals from overallocated ones. Users can unstake through the underlying network’s normal unstaking period at no fee or instantly for a small fee. Unlike Liquid Delegations, Tender Tokens are non-rebasing and use a floating exchange rate; they can compose multiple Liquid Delegations under defined allocation rules.