Layer1 network Meter officially launches liquid staking
ChainCatcher news, Layer 1 network Meter announces that Liquid Stake is now live on the Meter network. This update allows users to stake MTRG tokens and earn staking rewards while maintaining full liquidity of their assets. According to the introduction, the use cases for stMTRG are: 1. As collateral for lending platforms; 2. To increase liquidity on DEXs to earn yields; 3. Instant unlocking instead of having a 7-day lock-up period.