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Unlocking Liquid Staking: Enhancing Flexibility and Liquidity in Blockchain Networks

Unlocking Liquid Staking: Enhancing Flexibility and Liquidity in Blockchain Networks

Overview Staking plays a crucial role in many blockchain networks, especially those that implement proof-of-stake (PoS) consensus mechanisms. In the same manner, in order to ratify transactions and provide network security, conventional staking involves locking users’ tokens. Nevertheless, it may hinder the trial to different uses of money in that process. This is where the…