Sui Enables Liquid Staking Functionality to Empower Delegated Stakers

Sui Enables Liquid Staking Functionality to Empower Delegated Stakers

Responding to the Sui community, the network’s newest feature adds functionality to support liquid staking apps while preserving diversity of validators
GRAND CAYMAN, Cayman Islands–(BUSINESS WIRE)–The Sui Network, a groundbreaking Layer 1 blockchain that leverages an object-centric data model to provide a more performant infrastructure layer for Web3, today launched functionality that enables liquid staking as part of its latest network upgrade. A high priority for the Sui community, the upgrade will enable developers to offer services allowing token holders to receive derivative tokens proportional to the value of their staked SUI tokens, opening up new possibilities within the network’s burgeoning DeFi ecosystem.

The updated implementation of staking on Sui is a testament to the network’s community-driven development. Through the changes based on Sui Improvement Proposal (SIP) #6, formulated by a proactive team within the Sui community, Sui developers will now be able

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We współpracy z: https://thenewscrypto.com/sui-enables-liquid-staking-functionality-to-empower-delegated-stakers/

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