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Khế Ngọt
@khengot
Actively Validated Services
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@dtmyxuyenst
Protocols on certain blockchains, such as Ethereum and Solana, offer stakers a liquid token in exchange for staking the native token (Lido, for instance, provides Ethereum stakers with the stETH token). This derivative asset is termed a Liquid Staking Token (LST). I have explained the concepts of staking and LSTs in a previous article.
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