We are excited to announce significant product upgrade and strategic expansions across the Tenderize ecosystem to further enhance your staking experience and deepen integration within the growing DeFi landscape.

Our new Multi-Validator Liquid Staked Tokens (LSTs) allow you to easily stake to multiple validators without lockups, so you can enjoy your staking yields without any hassle.

To ensure optimal risk distribution, yield and security for you, our smart contract algorithm automatically distributes stake between the highly performant validator set, which is curated and managed by the Tenderize protocol. Parameters are put in place to ensure the stake distribution is balanced across the networks we support, ensuring a healthy economy.

These new LSTs are built upon battle-tested foundations of the Tenderize ecosystem, single-validator LSTs and TenderSwap, acting as a wrapper around them. In fact, anyone can create their own wrapper LSTs just like this one.

With these standardized multi-validator LSTs added to the ecosystem, which are quite common in the DeFi ecosystem, we foresee a fast-track for multiple DeFi integrations in the coming months such as lending and borrowing.

Stake now using the Tenderize app and who knows, maybe some bonus $WAGYU will show up in your wallet later this year.

New Look - Better UX

We've been working hard behind the scenes these last few months to set Tenderize up for success once we expand to new networks. Therefore we've significantly improved the look and user experience of the Tenderize Application.

You'll still find all your familiar functionality as well as the new multi-validator LSTs:

• Stake - Select multi-validator LST or delegate to your favorite validator(s)
• Swap - Instantly unstake for a small fee using TenderSwap
• Unstake - Wait for the lockup period and withdraw with no fees
• Liquidity - Add liquidity to TenderSwap pools and earn swap fees

Network Expansion

We've already announced we'll be adding three new networks: $SEI, $HYPE and $TAO. Development for these is entering the last stages and testing. Stick with us, we're cooking 👨🏻‍🍳.

In the meantime, catch all our latest updates in our community Discord or on X.