Welcome to the first edition of Liquid Collective Newsletter, your monthly resource for the latest Liquid Collective news and alpha, updates from the liquid staking industry and L1 ecosystems, events, and more.
Congratulations to the entire Liquid Collective community on the protocol's launch of LsETH this week on Coinbase Prime and Bitcoin Suisse. This milestone represents a first for the liquid staking industry: a diverse group of competitors and collaborators coming together to successfully launch a distributed, institutional-grade liquid staking standard. Here's to many more milestones to come! Read on for the latest news, data, and resources from Liquid Collective.
Liquid Collective, a decentralized enterprise-grade liquid staking protocol, is now live for Ethereum staking on Coinbase Prime and Bitcoin Suisse. Instead of just holding your ETH, you can hold LsETH, a liquid staking token programmatically minted by the protocol, to receive ETH network rewards for helping to secure the Ethereum network—without sacrificing liquidity.
Read more about the launch and how to participate in our announcement post.
Liquid Staking Tokens (LSTs) like LsETH are an important technological innovation allowing participants in proof of stake networks to access liquidity while staking.
We covered LST features, the latest advocacy work from POSA, and why LSTs are an important innovation in our latest Learn post.
As liquid staking grows in popularity, the need for a composable, decentralized, and secure liquid staking standard has emerged. Liquid Collective, which is a decentralized liquid staking protocol developed in collaboration with a broad and dispersed diverse group of industry leaders, was built to meet this need for a liquid staking standard.
Learn more about how a liquid staking standard can support the web3 ecosystem here.
All data is accurate as of March 7, 2023. View real-time onchain data here on Dune.
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.