The post Meet The 4 Projects Taking Polkadot Liquid Staking To New Heights appeared first on Coinpedia Fintech News
Liquid staking derivatives (LSDs) burst onto the crypto scene in a major way following Ethereum’s Shanghai update in 2022. With assets in liquid staking protocols surging 292 percent this year, LSDs have quickly anchored themselves as a core pillar of decentralized finance (DeFi). And despite the initial hype, the liquid staking momentum keeps climbing—with projects consistently outperforming wider bearish market conditions and other crypto sectors that continue to lag in growth.
While Ethereum is typically thought of as the go-to for DeFi projects due to its robust community and wide umbrella of use cases, it certainly doesn’t stand alone.
Polkadot, the blockchain network built to create and connect decentralized applications, services, and institutions to foster a fully decentralized web, has made great strides in cementing itself in the DeFi space. This is thanks
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