Welcome back to #Scholofstaking!

Decentralized derivatives are taking the #DeFi world by storm!

But what exactly are they? 🤔

Let's find out in today's session 📚

🧵👇 Let's start with the basics: What are derivatives? 💼

They're financial contracts based on the future price of assets like stocks, cryptos, & commodities.

But how do they work, and why should we care? 📈

If you think this year cannot get newer, you are wrong.

The #BNBChain has a lot of exciting stuff coming in 2023.

But here are the top 3 that you should know about

A thread 🔥👇 1️⃣ #BNB sidechains

This is a framework on which one can build simple & functional blockchain projects.

You can have your own business rules & economies, while having a close connection with the BNB chain.

And there’s more

Welcome to the very first class of Stader's 𝐒𝐜𝐡𝐨𝐨𝐥 𝐎𝐟 𝐒𝐭𝐚𝐤𝐢𝐧𝐠👨‍🏫

Now effortlessly learn all the #web3 ecosystem concepts through simple relatable terminology.

First lesson: Nodes & Validators

or what we like to call them 👉Ministers of Crypto Let's take the example of a government:

There are representatives, whose job is to talk to the people.

They find out what people want, & send it up the chain of command.

In blockchain, these representatives are called 𝐍𝐨𝐝𝐞𝐬.

And the people are users making transactions.

Our newly launched #BNB validator dashboard will help the users make more informed decisions.

And not only that

It’ll also give you a clearer picture of the entire #staking ecosystem.

Check it out👇
⚡️bit.ly/3jQQcLp⚡️

Find out more about Slashing & Jailing feature🧵 Good validators are one of the most important aspects for a successful staking experience.

And to make sure that the quality stays good, #BNB has certain checks in place.

It's called 👉Slashing & Jailing

Here’s what you need to know about it...

If your #NewYear resolutions include experiencing new things and growth, @staderlabs has got you covered

In 2023, you’ll get:

⚡️ #ETH Launch
⚡️ Community Governance
⚡️ $SD Staking

Let’s find out more details on these...
A thread🧵👇 ⚡️@staderlabs_eth LAUNCH

Already entrusted with ~$100M in TVL across 6 chains, It’s almost time for #ETH community to experience Stader.

And it won’t be any different than our existing strong #DeFi partnerships.

Here’s what all you’ll be able to do

Who wants a trip to Mars?

No, you don't need Elon Musk for that.

Now @RACA_3 will take care of your interplanetary visits to the metaverse.

Here's how the biggest metaverse on @BNBCHAIN is recreating Mars. RACA is a leading web3 infrastructure solution provider founded by ‘Unforgettable’ rapper @FrencHMonTanA & Dr. Watney.

Backed by OKX Blockdream Ventures and Tachyon accelerator by Consensys Mesh, RACA is one of the most significant web3 projects.

Want to explore the world of #DeFi on #BNB chain?

We have curated the highest-yield strategies for you!

Haven't staked yet? Start Now👇
bit.ly/3UKZfe8

Explore the strategy guides👇 @Ellipsisfi - BNBx:BNB LP

- Stake only half of your total intended capital in Stader to mint $BNBx

- Go to Ellipsis and find the BNBx:BNB farm

- Take your BNBx and half of your BNB and stake it on the farm to earn $EPX tokens

Total Yields: upto 11%

Exclusive opportunity for the #BABtoken holders!

Earn upto 100% APY on your #BNB with our Stake, Refer & Earn campaign.📢

Start Now👇
galxe.com/staderlabs/cam…

Learn all about it below👇 Follow the guide👇
#1 Stake >1 BNB with Stader and earn 6% staking APY.

Stay staked for 1 month and earn 25% extra staking rewards in $SD.

Refer your friends who hold BAB tokens to stake with Stader and receive $SD rewards for every referral who stakes as per the below table.

Ever wondered how Stader selects great Validators to stake with!

While selecting a validator there are numerous aspects to consider.

Everything from returns, to commission rate and contributions.

Here are the major characteristics of a validator on the BNB Chain. 𝐕𝐚𝐥𝐢𝐝𝐚𝐭𝐨𝐫 𝐕𝐨𝐭𝐢𝐧𝐠 𝐏𝐨𝐰𝐞𝐫:
BNB Chain currently operates on 48 validators. Out of them, 26 are elected (active) validators.

These validators are selected on a few criteria, but the key is their voting power, i.e., the amount of staked BNB.

BNB Chain's Web3 Incubator is live with a $50k Prize.

P12 Arcana is coming this October on BNBChain.

A lot of more interesting things happened last week @BNBCHAIN

Let's dive in:
👇🧵 BNB Chain Moran hard fork

After the exploit earlier this month, BNBChain is making efforts to tighten the security

One of them was the Moran hard fork.

It's a temporary patch to mitigate the cross-chain infrastructure between Beacon Chain and Smart Chain.