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What is liquid staking?
What is liquid staking?

Liquid staking allows users to get staking rewards whilst maintaining a liquid variant of their stake.

Updated over a week ago

Liquid staking protocols allow users to get staking rewards without locking tokens or maintaining staking infrastructure. Users can deposit tokens and receive tradable liquid tokens in return. The DAO-controlled smart contract stakes these tokens using elected staking providers.

As users' funds are controlled by the DAO, staking providers never have direct access to the users' tokens.

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