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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

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  • token staking thanh khoản (LST)
    Prose
  • Token Staking Thanh Khoản (LST)
    Heading
  • lst
    Tag
  • Token staking thanh khoản (LST)
    UI

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