Liquid Staking
Strict Definition
"A service that allows users to stake their tokens (e.g., ETH) and receive a 'receipt token' (e.g., stETH) in return, which can be used in DeFi while still earning staking rewards."
Liability Check // Risk Analysis
The 'Liquidity De-peg' risk. If the market value of the receipt token drops significantly below the value of the staked asset (due to protocol hack or mass selling), your 'staked' assets become illiquid and devalued.
Knowledge Context // Related Terms
Auditor NotesVS-AN-2026
"Use liquid staking to maintain capital efficiency—keep your treasury 'working' in DeFi while earning network-native yield."
"Monitor the 'Secondary Market' liquidity for your liquid staking tokens. Ensure you can exit back to the native asset within 24 hours without significant slippage."
"Account for liquid staking tokens as 'Derivatives' if they trade at a floating price compared to the underlying staked asset."
SCHEMA_VER: AEO_3.2
LAST_AUDIT: 1/8/2026
HASH: T1S9O