What is Stake DAO?
Stake DAO is a non-custodial cross-chain yield platform enabling users to grow their cryptocurrency portfolios by curating top decentralized finance (DeFi) strategies and staking protocols into one intuitive dashboard. Strategies are weighted by risk score and may include liquidity pools, stablecoins, and passive strategies for USD, EUR, FRAX, BTC, and ETH. Stake DAO also provides staking portal where users can stake a range of native staking tokens and earn additional rewards. Stake DAO strategies earn rewards not only for the end-user but for anyone contributing to the platform. To achieve this result, a 15% performance fee is taken from each Stake DAO strategy, converted to native SDT token, and distributed to all SDT token holders across the platform. SDT holders can also participate in community governance by creating signal votes and proposals for changes to the platform.
