Liquid Staking Key Projects
In general, there are Staking Providers who stake funds on behalf of users, but it’s liquid staking protocols that act as the interface for users to easily interact with Staking Providers and receive rewards in return.
Therefore, we will exclusively cover popular liquid staking projects.
A few notable ones include:
- Lido: Lido is the largest liquid staking protocol, supporting Ethereum and 4 other networks (including Solana, Polygon, and Polkadot).
- Rocket Pool: Similar to Lido, but with a stronger focus on decentralization by supporting a larger network of node operators across multiple jurisdictions. Only supports Ethereum.
- Jito: A Solana-based liquid staking protocol. Solana does not use PoS for security and things work slightly differently on the backend, with validators instead auctioning off blockspace to receive rewards that are shared with stakers.
Different networks may have their own leading liquid staking protocols, but the above are a few of the most established in the space.
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