Cosmos Hub has approved the proposal for "Supporting Liquid Staking Module."

2024-10-18 11:30:51
Collection

ChainCatcher news, Cosmos Hub supports the "Liquid Staking Module (LSM)" proposal. The officials stated that due to the initial LSM proposal having editing contributions from North Korean IT personnel, Informalinc and ATOM Accelerator are conducting a third-party audit of LSM and have postponed the Hydro project originally scheduled to launch this week. Hydro is an upcoming liquidity allocation platform developed by Informal Systems for the Hub, which uses LSM to allow ATOM stakers to participate in the voting process without having to unbond, forfeit staking rewards, or favor any single liquid staking provider.

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