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Fantom Releases Liquid Staking Protocol for Synthetic Asset Creation

Smart contract network Fantom has released the latest module in its defi stack. Liquid Staking allows FTM holders to stake their tokens and earn network rewards, before generating a synthetic representation of their stake and using it for yield-generating defi purposes. It marks the first time a layer-1 protocol has made its native asset liquid,

Smart contract network Fantom has released the latest module in its defi stack. Liquid Staking allows FTM holders to stake their tokens and earn network rewards, before generating a synthetic representation of their stake and using it for yield-generating defi purposes. It marks the first time a layer-1 protocol has made its native asset liquid,