What is Liquid Staking and How Does It Work?

Liquid staking is a new and innovative way to earn passive income with your crypto assets while supporting the security and operations of a blockchain network. Liquid staking allows you to stake your tokens on a proof-of-stake (PoS) blockchain and receive a liquid token that represents your staked assets. This liquid token can be used in various decentralized finance (DeFi) activities, such as lending, borrowing, trading, and yield farming, enabling you to earn additional rewards on top of your staking rewards.

In this article, we will explain what liquid staking is, how it works, what are the benefits and risks of liquid staking, and what are some of the popular liquid staking platforms that you can use today.

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