stake.link is the first 3rd-party delegated liquid staking protocol in the Chainlink ecosystem, enabling LINK token holders to seamlessly participate in staking while receiving liquid staking tokens (LSTs) for enhanced utility and flexibility.

Holding stLINK is analogous to stETH by Lido. It rebases weekly to reflect the 5.7% blended yield.

stake.link crossed +$100M in TVL.

2rd most LINK tokens on the stake.link dApp across all dApps and blockchain networks (barring Ethereum mainnet), only behind Aave V3 on Ethereum mainnet ($410.89m)

SDL enables stake.link governance - SDL holders actively contribute to the platform by proposing, discussing, and refining SLURPs, electing Governing Council Members, and providing input on strategic decisions.

SDL facilitates reward distribution - it streamlines the allocation of rewards to platform participants. Stakers earn rewards and offer their collateral to Providers, while Providers receive incentives for making their staking allocations available.

SDL offers priority staking access - by staking SDL, stakers can reserve their spot in the queue for guaranteed LINK staking allocations when additional space is offered.