Alluvial

Proof of stake digital assets have become increasingly attractive to institutions looking to integrate digital assets into their portfolios, particularly given their ability to receive rewards through staking. Most proof of stake digital assets are subject to an unbonding period when users decide to unstake. Bonded staking creates liquidity constraints since the asset is untradeable and cannot be used in other defi applications.

Liquid staking protocols allow tokenholders to receive rewards from their staked digital assets while ensuring that their digital assets are freely tradeable and usable in other DeFi applications.