Liquid Staking Platforms

Here is a List of the Top 10 liquid staking platforms you should be aware of in 2023

The most recent trend in the decentralized finance (DeFi) space is liquid staking derivatives. It offers a new way to earn a return on your cryptocurrency assets. LSDs are gaining popularity in the Ethereum ecosystem. It could follow in the footsteps of Layer-1 networks like Polygon and Avalanche. Users can stake ETH with a liquid staking provider using the Liquid Staking platform. Due to the lockup nature of ETH, you will also receive a receipt token, also known as a "liquid staked derivative" (LSD). As a fully fungible, transferable, fractional, and so on liquid token. LSD, on the other hand, is comparable to the majority of other crypto tokens.

  1. RocketPool

Rocket Pool is a revolutionary Proof-of-Stake protocol for Ethereum 2.0 that was designed to be community-owned, decentralized, trustless, and staking-compatible. ETH2 has had more than five successful public beta tests since its inception in late 2016. Rocket Pool is intended to serve two distinct user groups.

  1. Lido

Lido is a liquid staking solution for Ethereum (ETH) and other PoS blockchains like Solana (SOL), Polygon (MATIC), Polkadot (DOT), and Kusama (KSM). It was established in the year 2020. Lido provides users with 1:1 tokenized copies of staked assets. They can now get liquidity for their staked PoS tokens.

  1. J Pool

JPool is a stake pool that offers safe, secure, high-yield rewards on your staked SOL on the Solana blockchain network. The JSOL token, which represents users' ownership in the pool and grows as stake rewards accumulate, is distributed to users who stake SOL via JPool to become delegators. With JSOL, a Defi instrument for mining liquidity can also be used.

  1. Stake Wise

StakeWise is a liquid Ethereum 2.0 staking service that allows anyone to benefit from the Beacon Chain's yields. StakeWise provides the highest possible staking yields by combining stable and secure institutional-grade infrastructure with innovative tokenomics. Users can, however, un-stake or use their staked ETH capital to earn higher yields at any time because DeFi is a liquid staking platform.

  1. Stake DAO

Stake DAO is a non-custodial platform that allows anyone to easily increase their cryptocurrency holdings. Because it is built on top of decentralized blockchain protocols, it provides a seamless way for people to grow, track, and control assets directly from their wallets. Users can boost their cryptocurrency all in one place with Stake DAO. Users can earn interest, borrow, trade, and even buy and sell using credit cards and bank accounts.

  1. ZenGo Crypto Wallet

ZenGo is the first Web3 wallet that does not have a seed phrase vulnerability and is protected by encrypted biometrics. While this technology has been used by billion-dollar institutions for years, ZenGo is the first crypto wallet to provide these advanced security features. ZenGo provides real-time in-app customer service and supports over 70 assets, including Bitcoin, Ethereum, and Tezos.

  1. Midas.Investments

Midas. Investments is a custodial CeDeFi investment platform that provides market-leading yields on a variety of cryptocurrencies such as BTC, ETH, and USDC. Midas has attracted over 10,000 active investors and US$300 million in assets under management in the four years since its inception. Midas' yields are enabled by a diversified investment approach across a wide range of DeFi yield strategies, all of which are deployed via our integration with Fireblocks.

  1. MyCointainer

MyCointainer enables you to store all of your coins in a single wallet and earn passive income with little effort. It provides a variety of ways to earn cryptocurrencies, such as deposits, master nodes, airdrops, and cashback. MyCointainer offers some of the highest ARYs on the market, as well as very low reward fees.

  1. Crypto.com

Crypto.com, based in Singapore, is one of the top crypto platforms that operate a crypto staking pool. Users can easily access a slew of popular projects, including Bitcoin, Ethereum, Cardano, Ontology, Cronos, and more than 40 others.

  1. Kraken

Kraken, a crypto exchange based in the United States, is another hotspot for crypto staking coins. Kraken, which was designed to appeal to both new and experienced users, provides a large number of digital assets for trading. Its library of crypto assets for staking is also impressive. Users can profit from over 12 digital assets, including the well-known proof-of-work (PoW) network Bitcoin.