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  2. /Glossary
  3. /Liquid Staking Derivative
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defi

Liquid Staking Derivative

A token received when staking through a liquid staking protocol, representing your staked position.

Definition

A token received when staking through a liquid staking protocol, representing your staked position. Examples include stETH (Lido), rETH (Rocket Pool), and mSOL (Marinade). These tokens can be used in DeFi while your original tokens earn staking rewards, giving you liquidity plus yield.

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Related Terms

Liquid Staking

Staking your crypto while still being able to use it in DeFi through a receipt token.

Staking Derivative

Tokens you receive when you stake through a liquid staking protocol, representing your staked position plus accumulated rewards.

Lido

The largest liquid staking protocol, mainly used for Ethereum staking.

1inch

A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.

Aave

One of the biggest lending and borrowing protocols in DeFi.

Across Protocol

A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.

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