Ecosystem Vision Logo
Tenderize V1

Tenderize V1

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum luctus felis in nisi tincidunt, vitae facilisis enim tempor.
TVL: $106K

Tenderize

Tenderize is a liquid staking ecosystem for staked assets. It offers several products including single-validator Liquid Staking Tokens (LSTs) which allow users to stake with their preferred validators at zero fees, ideal for advanced users. It also provides multi-validator LSTs, which are easy-to-use, DeFi-integrated tokens with a diverse validator allocation strategy. The core of the ecosystem is TenderSwap, a novel decentralized exchange tailored for LSTs and LRTs, which unifies liquidity and allows for instant unstaking. Tenderize is pioneering Liquid Staking 2.0, a new approach which protects against centralizing forces of traditional liquid staking. It enables liquid staking without compromising a decentralized validator set, and delivers a staking experience that is as native as possible. The platform allows users to easily combine single-validator LSTs into new multi-validator pools with diverse staking strategies, stake to specific validators to receive tTokens (validator-specific LSTs) for use in DeFi, and instantly unstake LSTs through TenderSwap. The ecosystem's value accrual and governance token is $WAGYU. Tenderize aims to enhance validator choice, liquidity, decentralization, and capital efficiency in the liquid staking space. It currently supports staking for MATIC (Polygon) and GRT (The Graph), with LPT (Livepeer), Hyperliquid, and Bittensor coming soon. TenderSwap is live for ETH, MATIC, GRT, and LPT, with plans to support Solana, Hyperliquid, and Bittensor.
Explore Organization

Funding Rounds

Funding Round: Seed
Funding Date: 8 Jul, 2022
Raised Amount: $3M