StaFi Supports Cosmos LSM on Testnet.
08 Sep 2023, 11:04
🥳StaFi Supports Cosmos LSM on Testnet
Excited to announce the integration of staked $ATOM from interacting with @cosmos LSM is released on Testnet.
This allows staked $ATOM to be directly liquid staked with StaFi, eliminating the need for unstaking!
👇
Same news in other sources
2StaFiFIS #609
08 Sep 2023, 11:04
✅LSM Specs:
1️⃣Liquid staked $ATOM capped at 25%.
2️⃣Enables instant liquid staking, bypassing 21-day unbonding.
3️⃣Token delegation to validators is tied to a 'validator-bond factor', initially set at 250 by Cosmos Hub.
LSM is under rigorous testing. Stay tuned for more updates!
LSM Specs:. Liquid staked $ATOM capped at 25%. Enables instant liquid staking, bypassing 21-day unbonding.
✅LSM Specs:
1️⃣Liquid staked $ATOM capped at 25%.
2️⃣Enables instant liquid staking, bypassing 21-day unbonding.
3️⃣Token delegation to validators is tied to a 'validator-bond factor', initially set at 250 by Cosmos Hub.
LSM is under rigorous testing. Stay tuned for more updates!
StaFiFIS #609
08 Sep 2023, 11:04
✅Upcoming StaFiHub Upgrades:
1️⃣Launch of 'ExecuteNative' & 'LsmBondProposal' for minting $rATOM from LSM $ATOM on StaFi ICA Pool.
2️⃣Introduction of 'RedeemTokensforShares' for ICA, converting Liquid Staked $ATOM Shares back to Staked $ATOM.
Upcoming StaFiHub Upgrades:. Launch of 'ExecuteNative' & 'LsmBondProposal' for minting $rATOM from LSM $ATOM on StaFi ICA Pool.
✅Upcoming StaFiHub Upgrades:
1️⃣Launch of 'ExecuteNative' & 'LsmBondProposal' for minting $rATOM from LSM $ATOM on StaFi ICA Pool.
2️⃣Introduction of 'RedeemTokensforShares' for ICA, converting Liquid Staked $ATOM Shares back to Staked $ATOM.