Liquid Collective is the secure liquid staking standard: a protocol with multi-chain capabilities designed to meet the needs of institutions, built and run by a collective of leading web3 teams including The Liquid Foundation, Alluvial, Coinbase Cloud, Figment, Kiln, Rome Blockchain Labs, Kraken, Staked, Bitcoin Suisse and more. Liquid Collective will be governed in a decentralized manner by a broad and dispersed community of industry participants.
Learn about liquid staking, LsETH, and our Slashing Coverage Program in the Liquid Collective Litepaper.
To empower global participation in securing the decentralized internet.
To collectively build the most trusted and secure liquid staking standard.
Trust, Collaboration, Excellence,
Transparency, Security, Innovation
Kiln (ETH),
Acala (DOT),
Rome Blockchain Labs (AVAX)
The need for a liquid staking standard As liquid staking grows in popularity, the need for a composable, decentralized, and secure liquid staking standard has emerged Read more →
Liquid Collective Litepaper An overview of the growth of liquid staking, Liquid Collective protocol's features, components, architecture, token model, risks, and more. Read more →
Liquid Collective's Slashing Coverage Program Three layers of slashing coverage are available for every participant staking through the Liquid Collective protocol including network-wide events, such as network outages, and node operator failures. Read more →
What is liquid staking? Liquid staking is a rapidly growing alternative to locking up a user's tokens and contributing to the security of proof of stake blockchains. Read more →
What is LsETH? Liquid Staked ETH (LsETH) is the receipt token programmatically generated when users stake ETH through the Liquid Collective protocol. Dive into LsETH, its use cases, the risks of liquid staking, the tax implications, and more. Read more →
Event: “Liquid Staking: The Next Big Wave” — a Panel in NYC Presented by Coinbase Cloud and Alluvial A panel discussion on Liquid Collective and liquid staking, with representatives from Coinbase Custody, Alluvial, Figment, Kiln, Kraken, and Coinbase Cloud. Presented by Coinbase Cloud and Alluvial at the Messari Mainnet conference in NYC. Watch the video →
Liquid staking is a rapidly growing alternative to locking up a user's tokens and contributing to the security of proof-of-stake blockchains. Whereas traditional methods of staking are subject to bonding and unbonding periods (ranging from days to weeks), liquid staking provides stakers with increased liquidity and capital efficiency. Token holders stake their token and receive a receipt token as evidence of their ownership of their staked token. The receipt token can be transferred, stored, traded, and utilized in DeFi or supported dapps.
Liquid Collective is the secure liquid staking standard: a protocol with multi-chain capabilities designed to meet the needs of institutions, built and run by a collective of leading web3 teams. The protocol is stewarded by an independent industry consortium, which includes The Liquid Foundation, Alluvial, Coinbase Cloud, Figment, Kiln, Rome Blockchain Labs, Kraken, Staked, and other web3 industry participants. Liquid Collective will be governed in a decentralized manner by a broad and dispersed community of industry participants.
Liquid Staked ETH (LsETH) is the receipt token programmatically generated when users stake ETH through the Liquid Collective protocol. Dive into LsETH, its use cases, the risks of liquid staking, the tax implications, and more. Read more about LsETH.
The Liquid Collective protocol uses a cToken model for the LsTokens. The cToken evidences ownership of a staked token plus any accrued staking rewards and less any slashing penalties and fees. The conversion rate between the receipt token and the corresponding tokens continues to reflect the staked tokens + staking rewards — penalties and fees. The aToken model continuously updates the supply of a representative token to track the underlying token 1:1. This model can also be referred to as a rebase token model.
Yes. Halborn has successfully completed an audit of Liquid Collective's Ethereum smart contracts in Aug, '22 in collaboration with the Alluvial and Kiln teams. In Nov '22, Spearbit's security researchers completed another audit. View more info
The Liquid Collective protocol charges a service fee set at 15.0% of network rewards. Liquid Collective's service fee is split amongst Node Operators, Integrators, Tech Providers, the protocol's Slashing Coverage Treasury, and the Liquid Collective DAO which comprises a broad and dispersed community of protocol participants. All service fees are distributed in LsTokens, which are the native receipt tokens of the protocol (e.g. LsETH).
Enterprise-grade infrastructure from node operators enables secure staking. Mandatory KYC/AML for users and operators facilitates compliance
Robust slashing coverage provided through the protocol to every participant
Industry-leading integrators (i.e. trading venues and custodians) supporting liquidity
Collaborating with top teams on other blockchains to provide a native liquid staking solution on each network
Other liquid staking solutions have focused on the needs of crypto-native stakers. The number of liquid staking protocols solving for staker liquidity has resulted in numerous, relatively illiquid receipt tokens that can only be utilized in certain corners of web3.
Liquid Collective seeks to solve these challenges by developing a protocol that is suitable for institutional stakers, and that offers deep liquidity. Liquid Collective's objective is for this level of liquidity to result in the protocol's receipt tokens (e.g., LsETH) being the most adopted (and thus the most useful) receipt tokens in web3.
