Proof of stake tokens have become increasingly attractive to institutions, given their ability to earn rewards through staking. However, most proof of stake tokens are subject to an unbonding period when users decide to unstake. Bonded staking creates liquidity constraints since the token is untradeable and cannot be used in other defi applications.
Liquid staking protocols allow tokenholders to receive rewards from their staked tokens while ensuring that their tokens are freely tradeable and usable in other DeFi applications.
Many liquid staking protocols currently available do not meet the needs of enterprises. We are one of many web3 teams building a new protocol called Liquid Collective to address the need for KYC/AML checks for institutions, web3 native enterprises, and other regulated entities to maintain compliance.
A non-custodial solution can provide more flexibility to enterprises by allowing them to take advantage of a truly crypto-native and global liquid staking solution.
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, and other web3 industry participants. Liquid Collective will be governed in a decentralized manner by a broad and dispersed community of industry participants.