Liquid staking comes to the Cosmos ecosystem - Deepstash

Liquid staking comes to the Cosmos ecosystem

Lido, for instance, is a liquid staking protocol that already offers support for Eth2, Terra, Solana and Kusama, and has a TVL of $9.35 billion.

The main difference for pSTAKE is that it emerged out of the Cosmos ecosystem and has its main focus on increasing liquidity for other protocols that are part of the Inter-Blockchain Communication Protocol (IBC) through adding Ethereum Virtual Machine (EVM) compatibility.

While Lido does offer support for Terra, pStake is the only protocol that offers support for ATOM and other Tendermint-based projects.

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#engineering, #machinelearning and #crypto

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