Moonbeam and Lido to Bring Liquid Staking to Polkadot
- Moonbeam is planning to collaborate with Lido to bring Liquid Staking to Polkadot.
- It will provide a way for token holders to make productive use of their Polkadot ecosystem assets.
- Project teams deploying to Moonbeam will be able to natively serve DOT as an asset.
Ethereum compatible smart contract platform on Polkadot, Moonbeam, has announced its plans to integrate and collaborate with Lido which is the largest liquid staking derivatives protocol currently deployed to Ethereum and Terra.
As announced by the companies, MixBytes will be in charge of driving this collaboration. The smart contact audits company has also been selected by Lido DAO to lead its technical integration for the Polkadot ecosystem. The integration will bring with it liquid staking to both Moonriver and M...
Read more: https://coinquora.com/moonbeam-and-lido-to-bring-liquid-staking-to-polkadot/
Text source: News – CoinQuora – Latest Cryptocurrency and Block