Proposal to Integrate Cosmos LSM into StaFi.
07 Sep 2023, 12:11
📣Proposal to Integrate Cosmos LSM into StaFi
#LSM is a modular component that enables liquid staking for any chain in the @cosmos eco.
By integrating #LSM, users can convert their staked assets into liquid assets without unbonding & earnings losing.
👉https://t.co/5klitTGOS6
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407 Sep 2023, 12:11
✅Features
1⃣Stake $ATOM:
Users transfer $ATOM to a liquid staking account, then StaFiHub mints the corresponding amount of $rATOM.
2⃣Unbound $ATOM
Users transfer $rATOM back to $ATOM account, then StaFiHub burns the corresponding amount of $rATOM.
Features. Stake $ATOM:.
✅Features
1⃣Stake $ATOM:
Users transfer $ATOM to a liquid staking account, then StaFiHub mints the corresponding amount of $rATOM.
2⃣Unbound $ATOM
Users transfer $rATOM back to $ATOM account, then StaFiHub burns the corresponding amount of $rATOM.
07 Sep 2023, 12:11
For now, there are still some challenges that need to be considered like voting power, consumer chain rewards, validator delegate panel, etc.
The research will keep going, stay tuned for more updates!
For now, there are still some challenges that need to be considered like voting power, consumer chain rewards, validator delegat
For now, there are still some challenges that need to be considered like voting power, consumer chain rewards, validator delegate panel, etc.
The research will keep going, stay tuned for more updates!
07 Sep 2023, 12:11
✅Integration Roadmap
1⃣Ver 1
- Native $ATOM (Same as previous staking process)
- On-chain Staked $ATOM (Re-delegate)
2⃣Ver 2
- The TokenizeShares of LSM $ATOM (Re-delegate)
- Selection function for LSM $ATOM TokenizeShares
3⃣TBD: Other LSD LSM $ATOM (Temporarily unacceptable)
Integration Roadmap. Ver 1. - Native $ATOM (Same as previous staking process). - On-chain Staked $ATOM (Re-delegate). Ver 2.
✅Integration Roadmap
1⃣Ver 1
- Native $ATOM (Same as previous staking process)
- On-chain Staked $ATOM (Re-delegate)
2⃣Ver 2
- The TokenizeShares of LSM $ATOM (Re-delegate)
- Selection function for LSM $ATOM TokenizeShares
3⃣TBD: Other LSD LSM $ATOM (Temporarily unacceptable)
07 Sep 2023, 12:11
✅StaFi Community will get by the integration:
1️⃣Improved #liquidity
2️⃣Reduced Risk
3️⃣Enhanced Security
4️⃣Expanded Reach
5️⃣Enhanced User Experience
6️⃣Enlarge $rATOM TVL
StaFi Community will get by the integration:. Improved #liquidity. Reduced Risk. Enhanced Security. Expanded Reach.
✅StaFi Community will get by the integration:
1️⃣Improved #liquidity
2️⃣Reduced Risk
3️⃣Enhanced Security
4️⃣Expanded Reach
5️⃣Enhanced User Experience
6️⃣Enlarge $rATOM TVL