Ike Mainnet Launch Introduces sA0 Liquid Staking Token to the Aleph Zero Community

Ike, a composable liquid staking protocol that provides users with flexibility and liquidity in their staking journey, has gone live on mainnet

Ike, a composable liquid staking protocol, has officially gone live on Aleph Zero mainnet with the launch of its Liquid Staking Token (LST), sA0.

The launch marks a significant milestone for both Ike and Aleph Zero, a layer 1 privacy-enhancing blockchain known for its scalability, low transaction fees, instant finality, and advanced security. This development introduces a new way for the Aleph Zero community to engage with the network, offering greater staking flexibility without sacrificing rewards.

Designed to enhance the staking experience on Aleph Zero, Ike’s native Liquid Staking Token, sA0, can be utilized across the Aleph Zero ecosystem. The token enables users to stake their AZERO tokens to support network security and earn rewards while keeping their assets liquid.

With the launch of sA0, users can now stake their AZERO tokens in exchange for sA0 tokens, enabling them to stay liquid while continuing to earn rewards. Additionally, sA0 seamlessly integrates with Aleph Zero’s growing DeFi ecosystem, creating more utility and value for stakers.

sA0 also plays a crucial role in bolstering the overall security and resilience of the Aleph Zero network by encouraging broader participation in staking.

Commenting on Ike’s mainnet launch, Ike Founder Stephen Novenstern said, “The mainnet launch of sA0 marks an exciting moment for both Ike and the Aleph Zero community. sA0 offers a powerful tool for staking while maintaining liquidity, and it's just the beginning of our commitment to building a decentralized, community-driven ecosystem. From the inception of the Ike Project, we wanted to build a Liquid Staking Protocol that wouldn't just unlock staked liquidity; we wanted to put the Ike DAO in control of what percentage each Validator gets, and for it to be permissionless to get on the [Validator Registry] list.”

Following the launch event, Ike will continue expanding the utility of sA0 within the Aleph Zero ecosystem and rolling out governance features that further empower the community to shape its future.