Launching Endur: an LST on Starknet

Starknet staking is launching on mainnet soon! Soon, you'll be able to stake STRK and contribute to Starknet's journey toward full decentralization. We’re thrilled to announce an exciting new development in the Starknet ecosystem: STRKFarm, in collaboration with Karnot, is launching a Liquid Staking Token (LST) called Endur (xSTRK), offering an innovative solution for STRK staking. This partnership combines STRKFarm’s expertise in yield strategies with Karnot’s infrastructure, creating a new way for STRK holders to earn yield while maintaining liquidity.

Fun fact: What’s the meaning of Endur?

Our LST (xSTRK) represents Endurance, as a testament to enduring commitment of Karnot and STRKFarm to Starknet— rooted in past innovations and built to last far into the future, offering secure staking for the journey ahead

Why Liquid Staking Matters

Staking is critical for securing decentralized networks like Starknet, yet traditional staking methods have a drawback: they lock up user funds, limiting liquidity. For example, without Liquid Staking, unstaking your STRK would lock it up for 21 days, during which you couldn’t use your STRK or earn any yield. Liquid staking solves this problem by allowing stakers to receive a tradable token called Liquid Staking Token (LST) that represents their staked assets, giving them access to liquidity while their tokens are staked.

By introducing a liquid staking option for STRK, we are providing users with the best of both worlds—staked rewards and liquidity. Our LST token not only empowers STRK holders to participate in staking but also opens up new possibilities for using these tokens across decentralized finance (DeFi) applications on Starknet.

Why collaborate Karnot?

Karnot is a pioneering builder on Starknet, specializing in app-chain solutions for clients like Kakarot and Pragma. With a team rooted in integrity and commitment to the Starknet ecosystem, Karnot is an ideal partner for projects involving DeFi and infrastructure maintenance, such as validator nodes. As we focus on the DeFi side for our LST, Karnot’s expertise in infrastructure makes them the perfect collaborator.

Why stake with us?

1. Security: Our contracts will be fully audited and be ready for launch by Nov 26th

2. Defi expertise: The STRKFarm team brings deep expertise in DeFi, demonstrated by advanced solutions like Sensei strategies. We’re committed to delivering technically sophisticated offerings to simply DeFi for everyone, especially within our LST, to maximize value for our users.

3. Top-Class Infrastructure: Leveraging Karnot’s infrastructure expertise, we ensure that our validators operate in a highly secure and reliable environment.

4. Integrity: With a long-standing presence on Starknet, both Karnot and the STRKFarm team are deeply committed to the network’s growth and success, always prioritizing what’s best for the Starknet ecosystem.

When are we launching?

Staking with us will be available from day 1 of Starknet staking launch, which is expected to be announced soon

---

That's a wrap! Stay tuned for more exciting updates in the days ahead—we can't wait to have you join us in staking from day one.

Join this Telegram group for latest updates.