- stAUR is the native Liquid Staking token created by Meta Pool on Aurora Network
- Yield accrued by $stAUR is generated by the Aurora+ staking service, an exclusive membership program with many perks
- Learn how to sign up to start making free transactions and earning rewards
$stAUR - The First Native Liquid Staking Token on Aurora Network
The new Liquid Staking solution launched by Meta Pool’s team is designed to provide a passive income to holders within the Aurora ecosystem. This innovative solution enhances the functionality of the $AURORA token by offering a staking service that allows users to earn rewards while their tokens remain liquid and accessible.
Additionally, having a native token provides an added layer of security as it eliminates the reliance on third-party bridges for transferring tokens across different chains.
A trusted source of yield from Aurora+
You may wonder how the value of the $stAUR token grows over time. Fortunately, grasping this concept becomes straightforward once you delve into the intricacies of Aurora+. You can sign up for Aurora+ here and if you have any questions, you can visit the FAQ and the stAUR Github.
Aurora+ is an exclusive membership program created specifically for users of Aurora. By becoming a member, individuals gain access to a variety of valuable benefits that enhance their overall experience. These perks include access to free transactions and the opportunity to earn multiple rewards by staking their $AURORA tokens.
The introduction of $stAUR by Meta Pool takes full advantage of the rewards offered through Aurora+. This innovative token allows users to unlock their staked $AURORA and freely transfer it within the DeFi ecosystem, opening up exciting opportunities for participation in decentralized finance.
At present, the annual percentage yield (APY) generated by the $stAUR token stands at approximately 21%.
Depeg risk is minimal
A common concern for liquid staking in other blockchains is the risk of price deviation. However, the $stAUR mechanism addresses this issue by implementing a delayed unstake mechanism. This ensures that the relationship between $stAUR and $AURORA tokens continuously increases as long as Aurora+ generates rewards.
Even in the unlikely event that Aurora+ stops producing rewards, the relationship $stAUR and $AURORA will still be maintained.
Use Aurora+ to stake without gas fees
Aurora+ is a membership service that provides various benefits, including 50 free transactions each month. To gain access to the complete Aurora+ dashboard, all you need to do is verify your Aurora address using your email. Once verified, you can enjoy the perks of Aurora+ and make the most of its features.
The Aurora+ service offers a one-stop platform for the Aurora ecosystem. You can enjoy free transactions, access staking services, discover dApps (decentralized applications), explore bridges for cross-chain transactions, and engage in token swaps. It simplifies the process of getting involved in the world of Web3, offering a comprehensive and user-friendly experience.
With Aurora+ you can stake or unstake your $AURORA tokens in Meta Pool without the need to pay gas fees. This means you can enjoy a smooth and gasless staking experience, making it more convenient for you to participate in the staking process.
Liquid Staking solutions across chains
Every Liquid Staking Token (LST) comes with its own set of challenges around its launch. However, Meta Pool’s team has successfully designed the following:
- $stNEAR: This is the first LST built on NEAR Protocol, a layer 1 blockchain that generates rewards through its Proof-of-Stake (PoS) mechanism.
- $stAUR: This LST operates on the layer 2 and EVM compatible network within NEAR Protocol. The rewards accrued are generated by the Aurora+ staking service.
- $mpETH: This upcoming LST utilizes rewards generated by the PoS mechanism of Ethereum.
Each of these LSTs includes a range of unique features, creating an ecosystem that enhances the appeal of DeFi (Decentralized Finance) on every network where the solution is deployed.
About the Aurora Network
Aurora is a modern, Ethereum-compatible blockchain that is fast and economical. Through tremendous growth of applications running on Aurora, and assets moved to the network, Aurora is among the fastest growing blockchains in all of crypto.