Stader Labs Debuts Ether Staking Product With 6% Yield

“While the Ethereum staking ecosystem is already mature and features multiple protocols and services, it’s somewhat centralized today as the top three entities have more than 50% ETH staked on them while the predominant liquid staking protocol has roughly 90% market share,” said Amitej Gajjala, CEO at Stader Labs, told CoinDesk in a message.