Liquid Staking Tokens (LSTs)

Liquid Staking Tokens (LSTs) are digital assets that represent staked tokens in a blockchain’s proof-of-stake (PoS) consensus mechanism. When a user stakes their cryptocurrency to support network security, they receive an LST in return.

These tokens allow users to participate in DeFi protocols, trade, or earn additional rewards while still receiving staking rewards.

LSTs provide liquidity to staked assets, enabling users to earn rewards without locking up their capital, which enhances flexibility in managing staked funds.

More Definitions

Staking

Staking involves locking up cryptocurrency assets in a blockchain network to support its operations and earn rewards. Stakers help secure the network, typically in Proof of Stake (PoS) systems, and receive incentives for their contributions.

Restaking

Restaking in the realm of Ethereum staking involves taking your accumulated staking rewards and adding them back to your staked Ether (ETH) balance. This process compounds your earnings as you now earn rewards on the initial staking deposit plus the increased amount from reinvesting rewards.

No spam, unsubscribe anytime Free forever

I consent to the processing of my email address for the purpose of receiving regular marketing emails from Agile Content Ltd’s brands, about online gambling products and services.

You have the right to withdraw your consent at any time by simply clicking the ‘unsubscribe’ link included in all emails you will receive from us.

We are committed to the protection of your personal data and will only process it in accordance with applicable data protection legislation. For more information about how we treat your personal data, please review our Privacy Notice.

Spin the wheel & win daily rewards

Earn XP and boost your Citizen level.

One spin per day for registered Citizens. XP adds directly to your account.