Endur: Reimagining Value Distribution in Liquid Staking on Starknet

As we approach the launch of Starknet's native staking on November 26th, we're excited to announce Endur's innovative approach to protocol fee distribution. True to our name—which embodies endurance and long-term commitment—we're introducing a fee structure that prioritizes value creation for our community and reflects our long term intentions in the Starknet ecosystem.

Our Vision for Value Distribution

At Endur, we believe that the success of any liquid staking protocol should directly translate to user benefits. The protocol charges a competitive 15% fee on staking rewards, which we believe represents a reasonable model for business operations. What sets us apart is our commitment to redistributing these fees back to our community in the early days.

How the Fee Redistribution Works

Our fee redistribution mechanism has been carefully designed to balance ecosystem growth with user rewards:

1. Fee Collection: The protocol collects a 15% commission on staking rewards. This means that if you earn rewards worth $100, $15 are redirected to the protocol treasury. Also, Endur charges 0% fees on deposits and withdrawals.

2. Strategic Distribution: A portion of these fees is allocated to our referral and priority partners. This strategic decision serves two crucial purposes:

   • Ensures robust liquidity for our LST, enhancing trading efficiency

   • Expands distribution channels, making Endur more accessible to users across Starknet

3. Community Returns: The remaining fees flow directly back to our users!

Redistribution Mechanism

The redistribution of fees to our community will be handled through manual distributions. We’re still deciding on how to manage this but we'll keep our community updated about the distribution schedule and process as soon as it’s decided.

Maximizing User Returns

We project that xSTRK holders will enjoy some of the highest returns in the liquid staking landscape on Starknet. When combined with DeFi yield opportunities, we expect returns to potentially surpass those of native staking.

Initial 6-Month Commitment

We're implementing this fee redistribution model for an initial period of six months. For Endur, we believe this is a way for us to signal our long term commitment in building the most efficient and rewarding staking experience on Starknet. We’re not here for short term gains!

We'll provide updates about future plans as we approach the end of this period. It’s a top priority for us to always keep our community informed!

Why Choose Endur?

1. High staking yields and UX: As mentioned, we expect Endur to have one of the highest yields in the LST space on Starknet (if not the highest). Apart from that, xSTRK gives you the ability to get quick liquidity for withdrawals instead of waiting for the traditional 21 day period in native staking.

2. Ecosystem Veterans: STRKFarm and Karnot, the teams behind Endur, are established key players in the Starknet ecosystem. Our top focus is on making Starknet a better place for everyone.

3. Strategic Partnerships: We're collaborating with top protocols on Starknet, with exciting partnership announcements coming soon.

4. Day One Readiness: Endur will be available immediately when Starknet staking goes live on November 26th, offering a seamless staking experience from day one.

5. Audited Contracts: Our contracts have undergone a rigorous audit process, ensuring the safety and reliability of our protocol. The audit reports will be made public before launch, demonstrating our commitment to transparency and security.

Looking Forward

As we prepare for launch, we're excited to demonstrate how a liquid staking protocol can operate in harmony with its users' interests. Our fee redistribution model isn't just a feature—it's a statement about our values and long-term vision for the future of liquid staking on Starknet.

Join us in building a more equitable liquid staking ecosystem, where protocol success directly translates to user benefits. Stay tuned for more updates as we approach our launch on November 26th.

For more information about Endur and our approach to liquid staking, follow us on Twitter and join our Telegram channel

Twitter → https://x.com/endurfi

Telegram → https://t.me/+0mwH9s3kHdFiZGE1