Tenderize

Established in December 2021 by Nico Vergauwen, Tenderize is a liquid staking protocol that allows users to stake cryptocurrencies to earn staking rewards without having to lock their deposits or actively manage their investments. With Tenderize, users have the ability to gain compounding staking rewards, exchange tenderTokens for the base asset, and earn rewards from liquidity farming. When users stake their cryptocurrency on Tenderize, they receive tenderToken, a 1:1 ERC-20 representation of the initial deposit. These tenderTokens can be traded freely on decentralized exchanges or utilized in DeFi applications. Users receive additional tenderTokens as their deposit begins to earn staking rewards. Tenderize now accepts deposits of MATIC, GRT, LPT, and AUDIO, surpassing 1M+ in total value locked in September 2022.