Reviewing繁體中文 Chinese (Traditional)Change
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.
More in style guideSuggested translation
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- 流動性質押代幣Prose
- 流動性質押代幣 (LST)Heading
- 流動性質押代幣Tag
- 流動性質押代幣UI
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