Project Description

StakeLab is a multi-chain staking infrastructure provider and a non-custodial staking platform. We empower end users to manage both staked and non-staked assets while providing visibility across their entire portfolio, spanning over 80+ blockchains. Users can generate rewards through staking and utilize these rewards to diversify their portfolio into new assets. StakeLab also offers on/off-ramp services and is working towards implementing cross-chain transactions between different chains and assets.

Goals

• Enable Avalanche users to stake their AVAX both natively and via liquid staking options.
• Provide users with the ability to view their asset balances across all supported blockchains.
• Facilitate on/off-ramping of AVAX tokens.
• Facilitate swaps to/in Avalanche ecosystem.

Use Cases

We believe Avalanche staking requires increased visibility from other ecosystems. Our community (Cosmos France, 1.5k members) originated from the Cosmos ecosystem, and we see an excellent opportunity for cross-ecosystem growth. By enabling users to generate rewards and diversify their portfolios, we can significantly contribute to the evolution of the Avalanche ecosystem beyond its current boundaries.

With IBC (Inter-Blockchain Communication) integration becoming imminent through the launch of Landscape, we believe this is the ideal time to capitalize on increased visibility and utility for the Avalanche network.

For the Avalanche Ecosystem

• Enhanced visibility from external ecosystems.
• A dedicated staking hub for all $AVAX and Avalanche ecosystem-related staking activities.
• Greater yield opportunities and portfolio visibility for users.
• New pathways for onboarding users from other ecosystems and converting them into $AVAX holders.
• Expanded use cases for $AVAX, including conversion into fiat currency.

Roadmap

• Integration of Avalanche support.
• Connect to Avalanche-compatible wallets.
• Display balances for $AVAX and liquid staked derivatives.
• Implement all staking features and provide full visibility of user positions.
• Enable on/off-ramping of Avalanche tokens.
• Support cross-chain swaps, allowing users to convert rewards from other ecosystems into $AVAX, fiat, or stablecoins.

Budget

We are requesting $100,000 to support the development costs outlined in the roadmap.

Team

Our team comprises experienced engineers (DevOps, full-stack developers) and designers who have worked on various high-profile crypto projects, such as Ledger, WalletConnect, Shares, and CTRL Wallet. Each team member has over 10 years of experience in their respective fields and extensive experience working in the crypto space.

More details about our team can be found at: StakeLab Team