Do you know what Liquid Staking is?
It's new DeFi tech that enables using your crypto for other activities while it's being staked
How is that possible?
When you stake a crypto, Liquid Staking allows you to unstake the crypto without disrupting the staking. In return, you receive a derivative of your staked asset.
For example, if you staked NIMB and wanted to use it for other crypto activities, you can unlock it by receiving a derivative version such as sNIMB tokens.
You'll then have to burn your sNIMB tokens to redeem your NIMB tokens.
Like if you want to see this feature in our future ecosystem!
