ETH Liquid Staking Documentation

Liquid Collective is a decentralized liquid staking protocol. Multi-chain capable, Liquid Collective launched Ethereum liquid staking first and aims to implement liquid staking for other networks in the future.

This documentation is specific to Liquid Collective's Ethereum liquid staking protocol and its ETH liquid staking token, Liquid Staked ETH (LsETH).

For general Liquid Collective documentation, visit Liquid Collective's core documentation here.

ETH liquid staking with Liquid Collective

Liquid staking enables participants to contribute to the security and decentralization of proof of stake networks, while providing increased liquidity and capital efficiency.

When a user deposits a token (ETH) into the Liquid Collective protocol, they receive a liquid staking token, Liquid Staked ETH (LsETH) that evidences legal and beneficial ownership of the staked ETH as well as any network rewards that accrue to the staked ETH, minus protocol service fees and network slashing penalties, if any. The receipt token can be transferred, stored, traded, and utilized in decentralized finance (DeFi) or supported decentralized apps (dapps).

  • LsETH is able to represent both staked ETH and any network rewards earned by following the ERC-20 cToken model, supporting LsETH's composability while providing participants with the ability to control their network reward flow

  • Liquid Collective offers slashing coverage to every participant via the LsETH User Agreement to mitigate the risk of Node Operator failures and network outages

  • Liquid Collective's diversified Node Operator set reduces correlation by spreading stake round-robin across a distributed network of Node Operators

  • All code deployed to mainnet has been audited by leading security experts

  • Liquid Collective is designed to provide users with protections over protocol access via know-your-customer (KYC) and anti-money-laundering (AML) verification with permissioning to facilitate compliance

Read on for Liquid Collective's ETH liquid staking protocol documentation.

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