Stake DAO: Building a one-stop shop for DeFi

Since launching in January this year, Stake DAO has maintained a bootstrapper’s approach of building first, focusing on shipping cutting-edge strategies that will bring as much value as possible to our early supporters, and ultimately laying the foundation for the project’s long-term success.

Our user base is slowly but steadily increasing in both size and diversity, maturing from its beginnings as a handful of hardcore DeFi enthusiasts, towards becoming a global community numbering thousands. At this juncture, it’s time to take a moment to briefly pause, and reflect on who we are, what we’re doing, and where we are going.

Unbundling DeFi’s most powerful tools and strategies

The nascent DeFi sector is starting to reinvent and unbundle finance as the world knows it. Multinational corporations that, for most of industrialized history have commanded a stranglehold on finance, are now being challenged by the most unlikely adversaries — small, globally distributed teams armed with nothing more than code and the degenerate’s desire to reinvent finance from the ground-up.

But perhaps ironically, as has long been the case with traditional finance, users with access to privileged information, the right social networks, and esoteric knowledge, are reaping the lion’s share of the rewards DeFi has to offer. The ecosystem is highly complex and fragmented, meaning that even cryptocurrency natives do not widely have the means to access DeFi’s most powerful tools of wealth creation.

To make sure these technologies begin to benefit society at scale, Stake DAO aims to develop a one-stop-shop for DeFi, eventually allowing anyone — with any level of knowledge of crypto — to have easy access to all of the market’s most competitive products and strategies.

At the same time it must be noted that every sector will have its enthusiasts and experts, and for these DeFi whizzes, we intend to make Stake DAO a regular “Disneyland,” offering value-adds like the market’s best deals on liquidity providing, cutting-edge strategies, and solutions to the most pressing execution challenges. Ultimately, as a multi-chain venue for staking, trading, gaming, farming, and more, the vision is to be the only DeFi platform anyone will ever need to enter the space and supercharge their crypto returns.

The team united by this vision is a globally distributed collective of DeFi natives and industry experts, spanning expertise in smart contracts, algorithmic trading, financial modelling, visual art, product marketing, community building, and advocacy. With deep knowledge of the DeFi “lego” framework, many of the core contributors have built groundbreaking innovations including flash loans, arbitrage strategies, swapping mechanisms, and more.

Bringing value to the DAO

Stake DAO is becoming an open community where anyone can access the knowledge and tools needed to unlock the very best decentralized finance has to offer. To bring this vision to fruition as quickly as possible, we have assembled an ambitious bunch of core contributors whose chief aim is to bring as much value as possible to the DAO.

As such, our immediate goals are to rapidly boost Total Value Locked (TVL) through the launch of a select number of long-awaited strategies, while behind the scenes, improving the user experience of our platform, and optimizing our existing offerings.




Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

The Disaster That Almost Ended Bitcoin (Mt. Gox Finally Explained)

Trends in crypto market data: market analytics

Three most utilized trading strategies were Long Hold, Technical Trading and Swing Trading.

Stakenet Light Paper Announcement

Layer2 Observer Weekly Newsletter #26

Shrimpy Embraces DeFi By Adding Support for MetaMask, Atomic, and Trust Wallet

Prison for BitMEX founders, success for Justin Sun?

Interview with Isonex Capital on the launch of IX15 Fund Token (STO)

Smart money buys the dip (BTC, ETH, ETF)

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Stake DAO

Stake DAO

More from Medium

Putting Expenses Into Perspective: How Obverse Can Increase Anchor Yield By 84%

Francium Launches Yield Calculator Alongside Exciting Features — Farming Made Easier with Francium!

Exnetwork Invests in Next Gen Yield Farming with Yield Yeti