Podcast
Questions and Answers
Who is responsible for staking the tokens in the liquid staking model?
Who is responsible for staking the tokens in the liquid staking model?
- The liquid staking provider (correct)
- The blockchain network
- The exchange
- The user
Which of the following best describes liquid staking derivatives?
Which of the following best describes liquid staking derivatives?
- A financial instrument that allows users to earn staking rewards and use their staked tokens as collateral
- A financial instrument that allows users to earn staking rewards and trade their staked tokens
- A financial instrument that allows users to earn staking rewards while retaining liquidity over their staked tokens (correct)
- A financial instrument that enables users to earn interest on their staked tokens
What does the liquid staking provider issue to the user in return for staking their tokens?
What does the liquid staking provider issue to the user in return for staking their tokens?
- A receipt or token representing the staked tokens (correct)
- A loan
- A share of the staking rewards
- A certificate of ownership
Flashcards
Liquid Staking Provider Responsibility
Liquid Staking Provider Responsibility
The entity responsible for managing the staking of tokens in a liquid staking model.
Liquid Staking Derivative Description
Liquid Staking Derivative Description
A financial tool that lets users get staking rewards while keeping their staked tokens accessible.
Liquid Staking Provider's Return
Liquid Staking Provider's Return
A receipt or special token for staked tokens given to the user by a liquid staking provider.
