Overview
A mechanism that allows users to stake cryptocurrency while receiving a liquid derivative token representing their staked position, maintaining capital flexibility during the lock-up period.
Cross-References(1)
More in Blockchain & DLT
Hyperledger
FoundationsAn open-source collaborative project hosting enterprise-grade blockchain frameworks and tools.
Layer 1
FoundationsThe base blockchain protocol layer that handles consensus, data availability, and transaction settlement.
Gasless Transaction
FoundationsA blockchain transaction where the end user does not pay network fees directly, with costs covered by a third party or subsidised through meta-transaction relay services.
Decentralised Autonomous Organisation
Smart Contracts & DAppsAn organisation governed by smart contracts and token holder votes rather than centralised management.
Ethereum Virtual Machine
Smart Contracts & DAppsThe runtime environment for executing smart contracts on the Ethereum blockchain network.
zk-SNARK
Identity & PrivacyZero-Knowledge Succinct Non-Interactive Argument of Knowledge — a compact zero-knowledge proof requiring no interaction between prover and verifier.
Interoperability
Protocols & NetworksThe ability of different blockchain networks to communicate, share data, and transfer value between each other.
Layer 2
FoundationsScaling solutions built on top of a base blockchain that process transactions off-chain while inheriting security from the main chain.