What is Liquid Staking?
Liquid staking provides a solution that enables users to stake directly on a PoS network, and receive a liquid staking token (LST) automatically minted by the protocol as the user stakes. Users can maintain their own nodes to earn rewards without setup 💡
Why do we need Liquid Staking?
✅ A more decentralized network & better governance
✅ Easier access to validator rewards for ordinary users
✅ Enjoy the constant revenue from yield-bearing asset
✅ An important #DeFi building block for DeFi composability game
https://twitter.com/HaedalProtocol/status/1677300304642183168?s=20
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