👋Welcome to LARA
Lara - Liquid Staking for Taraxa
Last updated
Lara - Liquid Staking for Taraxa
Last updated
Tip: You might be interested in Lara if you're seeking to stake or are an active staker in the Taraxa community, value the security of the blockchain, and want to have access to derivatives meanwhile providing your tokens towards securing it.
What Lara is:
Lara is a staking and delegation protocol written in Solidity. It allows users to stake tokens, delegate them to validators, and claim rewards, all automatically. Besides making staking a one-click, KYC-less process, it helps you earn more via its auto-compouding features while it gives the power to opt-in and out of it to the user anytime, all of this while helping yout TARA tokens remain liquid and can be used across a range of DeFi applications.
Lara's main contract. Protocol to manage deposits, staking rewards, and withdrawals. A separate one for every supported network.
Lara Oracles: Contracts that provide rating/guidance on the best-performing validators on the network.
st[token]. Unlike staked tokens, the Lara st[token] are freely transferable instead of locked as in the case of native staking. Lara lets users operate with staked tokens by leveraging collateral, lending, farming, and other kinds of DeFi protocols.
DAO. Lara liquid protocol management entity, responsible for ensuring growth, configuring the protocol parameters, and much more.
Lara, as a protocol, takes a commission off the staking rewards its users generate on an epoch basis, between 6-8%. The exact amount will be defined and communicated before protocol launch.
To dive into the details of governance design and implementation, proceed to DAO.
We've put together some helpful guides for you to get set up with our community quickly and easily.
