Stake.ly

Stake.ly is a liquid staking protocol on Klaytn.

## Overview Stake.ly is a liquid staking protocol built on the Klaytn blockchain that allows users to stake their KLAY tokens while maintaining liquidity and earning staking rewards. Rather than locking tokens in traditional staking arrangements, users deposit KLAY into the Stake.ly protocol and receive liquid staking tokens in return. These liquid tokens remain tradeable and composable within the broader Klaytn ecosystem, meaning users can generate staking yields without sacrificing the ability to move or use their assets elsewhere. The protocol exists to solve a fundamental constraint of blo