Liquid Staked Ethereum (LSETH) is a liquid staking token built on the Ethereum blockchain, designed to provide secure and flexible access to staking for individuals and institutions alike. It represents staked ETH plus network rewards, allowing users to directly participate in securing the network while maintaining liquidity and capital efficiency. LSETH is a key component of Liquid Collective's open and interoperable staking network, built and supported by a broad collective of industry leaders.
The technology behind LSETH is based on the cToken model, which uses a floating conversion rate to reflect the value of accrued network rewards, penalties, and fees associated with the underlying staked tokens. This approach ensures that LSETH's value changes over time as the underlying staked ETH accrues more rewards. The Liquid Collective protocol implements a number of best practices, including non-custodial staking, multiple code audits, and partnering with battle-tested technology providers.
LSETH provides users with increased liquidity and capital efficiency, allowing them to participate in decentralized finance (DeFi) activities and utilize their LsETH as collateral. The token also offers built-in slashing coverage, ensuring that users are protected against network-wide events and node operator failures. With a broad and dispersed active validator set, LSETH is supported by enterprise-grade Node Operators, including Figment, Coinbase, Staked, and Blockdaemon.
Liquid Collective's staking tokens, including LsETH and Liquid Staked SOL (LsSOL), provide secure, liquid, and flexible access to staking for individuals and institutions alike. The protocol has undergone rigorous security audits and has implemented robust internal controls to meet rigorous security standards. With a strong focus on compliance and regulatory requirements, Liquid Collective's enterprise APIs are SOC 2 compliant, ensuring that users can trust the security and integrity of the protocol.
Liquid Collective's validator infrastructure is supported by Node Operators running the protocol's validator infrastructure, with redundant infrastructure, technical support teams, and security posturing in place. The protocol has achieved significant traction, with over 42% of staked ETH represented on Liquid Collective's network. With a strong focus on innovation and progress, Liquid Collective continues to drive collective growth and resilience through its open and interoperable staking network.
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