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Liquid stakingCoinGape
•Business
Business & Economics
68% Informative
JPool is a global and future-facing liquid staking ecosystem that has proved its reliability within Solana ’s DeFi backbone.
Liquid staking protocols would mint Liquid Staking Tokens (or LSTs) which essentially convert respective staked assets into a one -to-one exchange.
The total value locked for the sector grew from just $35 million in January 2021 to an all-time high of $71 billion in December 2024 .
Solana is perfectly suited in terms of its high TPS, very low transaction fees, and a developer-friendly architecture to cash in on the transition from traditional staking to liquid staking.
JPool may emerge as a leader in this field because it has already established the foundation for leadership in all three .
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