😊What are the benefits of Liquid Staking ?

Liquid staking turns capital that would otherwise be stuck inside staking contracts into freely usable and fungible tokens. These staking tokens make it possible to collect network rewards while executing trading strategies and responding quickly to market conditions. The financial flexibility from liquid staking plus dual or multi-earning mechanisms provides a better staking experience for all types of users.

Liquid staking is also a new and important primitive in the landscape of decentralized finance. Liquid staking can help Web3 realize novel use cases and collaborations for crypto-native assets. LSTs can easily integrate with existing DeFi platforms, tools, and services, which allows them to be leveraged for a wide range of possibilities like stablecoin collateral, fixed-rate yield strategies, and more.