Liquid Staked ETH (LSETH)
Liquid Collective is a secure liquid staking standard designed to enhance the web3 economy through increased liquidity and composability. It is a protocol with multi-chain capabilities, developed and operated by a coalition of leading web3 teams. By providing an enterprise-grade decentralized liquid staking standard, Liquid Collective aims to facilitate wider adoption of liquid staking in the cryptocurrency space.
History of Liquid Collective
Liquid Collective was developed in collaboration with a diverse group of industry leaders who recognized the need for a robust and reliable liquid staking protocol. This initiative was born out of the collective expertise and vision of these leaders to create a standard that would serve the broad needs of the web3 ecosystem, fostering growth and innovation.
| Ticker | LSETH |
| Category | Liquid Staking Tokens |
| Website | https://liquidcollective.io/ |
| @liquid_col | |
| Contract Addresses | |
|---|---|
| ethereum | 0x8c...49 Copied! |
How Liquid Collective works
Liquid Collective operates as a decentralized protocol that supports liquid staking across multiple blockchain networks. The protocol allows users to stake their cryptocurrencies and receive a receipt token in return, which represents their staked assets and entitles them to network rewards.
Multi-chain capabilities
A key feature of Liquid Collective is its multi-chain capabilities, allowing it to function across different blockchain networks. This flexibility is designed to cater to various staking needs and enhance the overall liquidity within the web3 ecosystem.
Enterprise-grade standard
Liquid Collective is built to be an enterprise-grade standard, ensuring that it meets the rigorous demands of institutional and individual stakeholders alike. The protocol is engineered for reliability, security, and scalability, making it a suitable choice for a wide range of users.
Liquid Staked ETH (LsETH)
Liquid Staked ETH, or LsETH, is the receipt token generated when users stake Ethereum (ETH) through the Liquid Collective protocol. LsETH adheres to the ERC-20 cToken model, which allows users to maintain control over their network reward flow.
ERC-20 cToken model
The ERC-20 cToken model utilized by LsETH provides users with a standardized and interoperable token that can be used within the Ethereum ecosystem. This model is well-established in the cryptocurrency industry, offering users familiarity and ease of use.
User control over rewards
One of the advantages of LsETH is that it enables users to control their network reward flow. By holding LsETH, users can decide how to manage their staking rewards, providing flexibility and autonomy in the staking process.