What Is Liquid Staking? Liquid Staking Explained By Examples (Ethereum, Harmony, Terra)

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Hey guys,
In today’s video we gonna answer all your questions regarding Liquid Staking.
What is Liquid Staking?
What are the advantages of Liquid Staking in DEFI?
How Liquid Staking Works?
We will Explain what is liquid staking by 3 different examples from 3 different blockchains.
The first example will be the aUST token that you receive once you deposit UST into the Anchor saving protocol on Terra Chain.
The second example will be the stETH token that you receive when you stake ETH into the lido finance protocol on Ethereum chain.
And the third example will be the stONE token that you will receive after staking ONE token into the tranquil finance dApp on the Harmony chain.

Liquid staking is a way of freeing up liquidity and generating extra returns on coin and tokens that are being staked.
When you stake with a liquid staking, you receive a token which represents your staked assets. These tokens have an equivalent value and can be used in other DeFi protocols to generate more yield or for any purposes, such as trading.
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Useful links:

Anchor Protocol:
https://app.anchorprotocol.com/earn

Lido Staking:
https://stake.lido.fi/

Tranquil Finance (stONE):
https://tranquil.finance

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Timestamps:
00:00 Intro
00:45 What Is Staking?
01:55 The Problem With Staking
02:22 What Is Liquid Staking?
03:13 Example 1: Anchor Protocol aUST
06:50 Example 2: Lido Finance stETH
07:40 Example 3: stONE Tranquil Finance
08:40 Outro And Summary
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⚠️⚠️⚠️ #LiquidStaking #Liquid #Staking #LidoFinance #stETH #AnchorProtocl #aUST #TranquilFinance #stONE #Harmony #Terra #Ethereum #DEFI ⚠️⚠️⚠️
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I do not provide personal investment advice and I am not a qualified licensed investment advisor.
I am just sharing my knowledge and my findings.
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Until next time,
Johnny Time

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