Tenderize

This content is generated by RD AI and is for reference only

Tenderize is a decentralized liquid staking protocol that allows users to stake PoS assets with validators and receive corresponding TenderTokens (e.g., tLPT, tGRT). These TenderTokens are elastic-supply tokens that can be redeemed for the underlying assets at any time while automatically accruing staking rewards. Users can deposit assets via deposit, initiate unstaking via unlock to generate an unlock ID, and withdraw assets via withdraw after the unlock period. The protocol incorporates a rebase mechanism that adjusts balances before transfers and supports EIP-2612 offline permits. Its design aims to keep staked assets liquid in DeFi while simplifying the staking process.