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Term

liquid staking token (LST)

Definition

A derivative token that represents ownership of the locked cryptocurrency that a user is staking. Upon staking an asset, some platforms allowing minting of liquid staking tokens (LSTs), which represent an equivalent share of the locked tokens. These LSTs can then be traded, sold, or used in other DeFi protocols, improving capital efficiency for the staker by allowing access to liquidity from their funds, even while their original assets remain staked.
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Suggested translation

Cast your vote on the terms below to help the community select the best translation for each context.

  • رمز التخزين السائل
    Prose
  • رموز التخزين السائلة (LST)
    Heading
  • LST
    Tag
  • إيداع رمز التخزين السائل
    UI
  • oneرمز التخزين السائلtwoرمزا التخزين السائلfewرموز التخزين السائلةmanyرموز التخزين السائلةotherرموز التخزين السائلة
    Plurals

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