STADLE

Stadle is a liquid staking derivative service that allows users to stake their GAS to accrue staking rewards without locking their asset

Staking is an action of delegating one’s voting power on Neo network to a Governance Council member. A GC operates validator nodes and vote on governance proposals on behalf of the stakers and the network. Users who stake their GAS tokens to a GC receives staking rewards in return. This process normally locks a staker’s token in contract, making it illiquid. Liquid staking solves this liquidity problem by issuing a token representing the staker’s share in the staking contract. Liquid staking token can be used in DeFi ecosystem for various financial activities such as lending, borrowing, and swapping for another token.

stGAS an yield bearing token given to users who stake their GAS with Staking. Its value against GAS increases over time by just holding it. It can ben used throughout the Neo DeFi ecosystem for more yields and opportunities.

Stadle offers the best GAS staking APY and risk management by allowing users to delegate to decentralized Governance Council members. Staking with Stadle has 3 major advantages over staking with single GC.
1. Higher staking APY - Neo systematically reduces staking rewards distributed to a GC as its delegation amount increases in order to disincentivize centralization. Stadle solves this problem by spreading the delegations over a decentralized set of GC members.
2. Lower risk - There’s no penalty for slashing in Neo. But an inactive GC cannot receive staking rewards while it’s inactive, meaning the users who staked their assets to the GC lose their rewards as well. By distributing stakes to decentralized set of GCs, such risk is mitigated.
3. DeFi use - Stadle is working closely with many Neo ecosystem partners to utilize stGAS as the base asset in the ecosystem. Users shouldn’t have to miss out on the DeFi opportunity because of staking.

Stadle is a non-custodial staking service. No one can control your staked GAS without returning stGAS.

stGAS APY is the staking rewards APY you receive for staking GAS. stGAS is a yield-bearing token, which means its value against GAS automatically increases over time. You will receive more GAS after unstaking compared when you staked first.

Exchange rate is the swap ratio between stGAS and GAS token. The amount of GAS required to get 1 stGAS will keep on increasing over time.

TVL is the total amount of GAS tokens staked with Stadle by all users.

There’s a 10% protocol fee applied to the staking rewards you receive from staking. There is NO unstaking fee. 50% of the protocol fee will be reserved for the community re-investment such as Stadle governance token buyback.

Users can unstake stGAS to receive their original GAS amount plus staking rewards at any time. Go to Unstake page to start unstaking.

Smart contract security
There is an inherent risk that Liar could contain a smart contract vulnerability or bug.
GC misbehavior risk
Misbehaving GC cannot receive staking rewards. To minimise this risk, Stadle stakes across multiple professional and reputable node operators.
stGAS price risk
stGAS price against GAS can become temporarily low on exchanges. However, the peg is always kept stable when unstaking via Stadle’s native unstaking route. So it will always be pegged to the right exchange rate.

Upon completing staking on Stadle’s staking interface, you’ll be asked if you want to add stGAS to your wallet. Click ‘add stGAS’ to add the asset and see it on your wallet.

GC stands for Governance Council. The Neo Governance Council is a council that has the right to decide various governance matters. Users can stake their GAS to a GC via Stadle to delegate their voting power while still earning GAS staking rewards. Each GC offers different staking APY due to factors like voting power and commission. Users can see a GC’s voting power and staking APY in the GC selection window on the staking interface.