Post #634

💰Liquid Staking: A Smarter Way to Stake on Blockchain In maintaining blockchain functionality, staking plays a crucial role — it involves locking assets in smart contracts with a predefined reward. Users provide the blockchain with currency, which it utilizes for transaction processing. 📚 An advanced solution for PoS blockchains, including TON, is liquid staking, enabling users to earn staking rewards while utilizing their assets in DeFi. This is achieved by "wrapping" staked tokens and issuing a liquid staking derivative (LSD), which serves as both a receipt and a claim for the original collateral. You can reclaim your tokens at any time by exchanging the derivative for the originally staked currency. 💎 Liquid staking platforms on TON: For several years, liquid staking capabilities, has been available on TON, with popular apps like bemo, Stakee, and Hipo App. All of these are directly available in our Apps Center, making them easily accessible for Telegram users. 📈 One of the key advantages of liquid staking is the ability to use LSD on decentralized exchanges. Check out our recent post about DEXs on TON and discover how these platforms offer more control and transparency for trading digital assets.