Stake DAO is a non-custodial liquid staking platform focused on governance tokens, designed to provide users with access to effective investment strategies within the DeFi ecosystem.
Stake DAO operates as a platform on the Ethereum blockchain, leveraging smart contracts to offer liquid staking for governance tokens. Users can stake tokens while maintaining liquidity, engage in automated investment strategies, and participate in governance with boosted voting power based on lock time.
Stake DAO can be used for governance and staking, facilitating liquid staking and boosting voting power. It also supports applications in DeFi like lending, borrowing, and yield farming, as well as NFT-based investing and crowdfunding within a decentralised governance framework.
Stake DAO was founded in 2019 by Julienne Bouteloup and Leopold Joy, with a focus on liquid staking for governance tokens. Launched in early 2021, it introduced notable features like Liquid Lockers and integrated with Ethereum's smart contract functionality, achieving significant milestones such as partnerships and market expansion.