The Cosmos Hub has completed the "Gaia v12" upgrade, officially introducing the liquidity staking module.
BlockBeats news, on September 13th, according to official sources, the Cosmos Hub has completed the "Gaia v12" upgrade, officially introducing the Liquidity Staking Module (LSM), which allows stakers to directly convert their staked ATOM into liquid staking tokens without having to wait for the two-week unlocking period. Currently, LSM has implemented a limit of converting up to 25% of the total staked ATOM into liquid staking tokens.