Unlock Greater Rewards with hsETH on Haven1
Introduction to hsETH on Haven1
Haven1, a REKT-resistant EVM Layer 1 blockchain, has collaborated with Stader Labs to introduce hsETH, a new liquid staking token. This strategic partnership aims to enhance rewards and participation within the Ethereum ecosystem. hsETH offers an innovative way for users to engage in Ethereum staking without compromising liquidity, providing a seamless experience for optimizing on-chain yield.
Benefits of hsETH
Staking ETH to obtain hsETH allows users to access native ETH staking rewards, alongside additional Haven1 ($H1 token) airdrop rewards. The token is designed to receive robust support within the Haven1 ecosystem, empowering users to maximize earnings through various on-chain products once Haven1 is live on the mainnet. This initiative showcases Haven1's commitment to being complementary to Ethereum, even as an independent Layer 1 blockchain.
Partnership Highlights
The collaboration between Haven1 and Stader Labs focuses on creating a more decentralized and user-friendly staking experience. By addressing challenges such as technical complexity and illiquidity, hsETH makes ETH staking accessible to a wider range of users. This partnership aims to empower both novice and experienced users to secure the Ethereum network while maintaining asset flexibility.
Future Developments
Haven1 plans to launch its mainnet in Q3 2024. Post-launch, users will seamlessly trade and utilize hsETH as collateral, participating in a variety of on-chain applications to earn additional yield within the ecosystem. This strategic move positions Haven1 as a leader in providing secure and liquid staking solutions in the Web3 space.
About Haven1 and Stader Labs
Haven1 is dedicated to creating a secure and liquid ecosystem, employing innovative solutions like Haven1 Passport (POI) and AI-powered network monitoring. Stader Labs, a prominent multi-chain liquid staking provider, ensures secure and efficient reward growth across major EVM chains. Together, they aim to revolutionize the staking landscape, offering unparalleled opportunities for users to maximize their staking rewards.
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