What are Liquid Staking Protocols?

Liquid Staking protocols are at the forefront of the cryptocurrency staking economy, revolutionizing liquidity access in the decentralized finance (DeFi) industry.

One of the benefits of liquid staking is the ability to interact and use funds while simultaneously earning rewards. As a result, liquid staking protocols provide the foundations for activities such as lending protocols and yield farming activities.

Therefore, users can interact with numerous DeFi platforms earning multiple rewards from one pool of funds.