Over the past year, the Liquid Staking ecosystem has bloomed thanks to the switch in consensus mechanism that Ethereum underwent with the merge, which introduced a lot of advantages to space over traditional staking. The solution gave the DeFi ecosystem capital efficiency and liquidity for tokens locked up in protocols to earn interest. Unlike Ethereum, Solana has always used Proof of Stake as its consensus mechanism since its inception. In this article, I will highlight the state of the liqu...

Over the past year, the Liquid Staking ecosystem has bloomed thanks to the switch in consensus mechanism that Ethereum underwent with the merge, which introduced a lot of advantages to space over traditional staking. The solution gave the DeFi ecosystem capital efficiency and liquidity for tokens locked up in protocols to earn interest. Unlike Ethereum, Solana has always used Proof of Stake as its consensus mechanism since its inception. In this article, I will highlight the state of the liqu...