StaFi Integrates Everclear’s Chain Abstraction to Enable L2 Liquid Staking and Restaking

EVERCLEAR
September 13, 2024

StaFi, a Liquid Staking infrastructure provider and Liquid Staking protocol for PoS chains, has partnered with Everclear to integrate Chain Abstraction into its Liquid-Staking-as-a-Service (LSaaS) platform. This integration allows developers to deploy their Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across multiple chains with seamless interoperability, enabling users to stake across Layer 1 and Layer 2 networks without the complexities of bridging or manual network interactions.

About StaFi

StaFi is a leading liquid staking infrastructure provider and protocol for PoS chains. Its LSaaS framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL.

As a liquid staking provider for PoS chains, StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in PoS networks.

Why This Matters

StaFi’s integration with Everclear’s Chain Abstraction brings a powerful new use case to its LSaaS platform. Chain Abstraction allows StaFi to offer its users Restake From Anywhere—enabling them to restake LSTs/LRTs directly from their preferred Layer 2 (L2) chains. By eliminating the need for complex crosschain operations, StaFi can offer users a streamlined, chain-agnostic experience that preserves liquidity and maximizes staking rewards.

Insights From StaFi’s CEO

"We're thrilled to collaborate with Everclear in integrating the restaking vault into StaFi LSaaS Modularity as a module. This partnership not only amplifies the LSaaS capability but also empowers developers with a modular framework, allowing them to build more versatile restaking solutions. Together, we're driving innovation in decentralized finance and reshaping the future of staking ecosystems." – Liam Young, CEO of StaFi.

What to Expect

StaFi is actively integrating Everclear’s Chain Abstraction, ensuring that all future LSTs and LRTs launched on the platform will support crosschain staking. This will simplify staking operations for users while expanding StaFi’s ecosystem, bringing additional liquidity and user engagement to their platform.

About Everclear

Everclear coordinates the global settlement of liquidity between chains, solving fragmentation for modular blockchains. As the first Clearing Layer, Everclear is the foundation of the Chain Abstraction stack, reducing the cost and complexity of rebalancing liquidity.

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