Stader Labs is a non-custodial liquid stakingplatform operating across multiple proof-of-stake blockchains includingEthereum, BNB Chain, Polygon, Hedera, and others. Users stake native tokenswith Stader and receive liquid staking tokens such as ETHx, BNBx, and MaticX,representing their staked position while continuing to earn staking rewards.These liquid tokens can be freely used across DeFi protocols for additionalyield, unlocking capital efficiency for stakers who no longer need to choosebetween staking and DeFi participation. Stader's node operator network ispermissionless, enabling independent validators to participate in securingsupported networks. The SD governance token gives holders voting rights onprotocol decisions and a share of protocol revenue.