Hashnote Joins Liquid Collective as an Integrator, Launching Enterprise-Grade Liquid Staking
Hashnote, the first fully regulated, institutional-grade investment management platform for DeFi, joins Liquid Collective as an Integrator of the protocol to offer enterprise-grade liquid staking to their users.
Hashnote, the first regulated institutional-grade investment management platform for DeFi registered with the U.S. Commodities Futures Trading Commission (CFTC), announced today the launch of its integration with the Liquid Collective protocol. This integration will enable Hashnote to offer enterprise-grade liquid staking via the Liquid Collective protocol and Hashnote's yield strategies to accredited investors and institutions, providing a way to participate in the $17B opportunity of financial products built on top of liquid staking tokens through a regulated platform.
In addition to integrating with Liquid Collective, Hashnote will launch one of the first professional-grade structured products built with a liquid staking token (LST), leveraging technology developed by Liquid Collective. Hashnote's independent LsETH Covered Call Vault will allow Hashnote's accredited customers to attain yield by selling short duration covered call options. This represents the burgeoning maturity of the “LSTFi” ecosystem and an important new use case for LSTs—the “regulated stack” of composable LST building blocks coming together in ways that are useful to institutions.
Liquid Collective introduces an important cornerstone for institutional adoption of cryptocurrencies and blockchain-driven network rewards through their enterprise-grade liquid staking protocol. We at Hashnote are delighted to utilize the Liquid Collective protocol to help facilitate adoption of this new technology in a safe, easy, and regulatory compliant vehicle.
— Leo Mizuhara, CEO Hashnote
Liquid Staked ETH (LsETH), the receipt token programmatically generated when users stake ETH through the Liquid Collective protocol, is just one component of this new liquidity stack that aims to enable secure, performant, and regulated operations. LsETH offers auto-restaking network rewards, where network rewards are automatically and programmatically restaked for users holding LsETH. Additionally, Liquid Collective's LsETH comes with built-in slashing coverage, including Nexus Mutual coverage, which is designed to mitigate the risk of Node Operator failures and network outages.
About Hashnote
Hashnote, the first regulated institutional-grade investment management platform for DeFi. Hashnote combines the familiarity and regulatory compliance of existing traditional finance fund infrastructure with on-chain transparency and security while simplifying the complexities of DeFi ensuring secure, verified transactions with every counterparty. The platform offers full regulatory and KYC/AML compliance for a range of investments including yield generation, downside protection, and leveraged upside products.
https://www.hashnote.com/
About Liquid Collective
Liquid Collective is the secure liquid staking standard: a protocol designed to meet the needs of institutions, built and run by a collective of leading web3 teams. Liquid Collective is governed in a decentralized manner by a broad and dispersed community of industry participants.
https://liquidcollective.io
Please note
Hashnote leverages technology developed by Liquid Collective to provide its LsETH Covered Call Vault. However, Hashnote's LsETH Covered Call Vault is a third-party product that is not offered by or in partnership or affiliation with Liquid Collective. Products and services offered by Hashnote and other third parties are subject to separate terms and conditions Please visit https://www.hashnote.com/ for more information.
LsETH users may still be subject to slashing losses. If slashing losses were to occur, they would be socialized pro rata for all LsETH user's starting with earned but unredeemed network rewards.
Liquid staking via the Liquid Collective protocol and using LsETH involves significant risks. You should not enter into any transactions or otherwise engage with the protocol or LsETH unless you fully understand such risks and have independently determined that such transactions are appropriate for you.
Any discussion of the risks contained herein should not be considered to be a disclosure of all risks or a complete discussion of the risks that are mentioned. The material contained herein is not and should not be construed as financial, legal, regulatory, tax, or accounting advice.
