The US Security and Exchange Commission (SEC) has clarified that liquid staking activities are not considered securities. This clarification ensures that such activities do not fall under the regulatory framework typically applied to securities and stocks.
Liquid staking has become a significant part of #DEFI the decentralized finance ecosystem, allowing users to earn staking rewards on their cryptocurrencies while keeping their assets liquid.
Following are the famous liquid staking platforms:
- Lido is the largest and most popular liquid staking platform, particularly for Ethereum . The LDO tokens give its holders control over the protocol's direction.
- Rocket Pool is a decentralized liquid staking protocol that focuses on decentralization by allowing anyone to run a node. The $RPL token is integral to the Rocket pool ecosystem.
- Jito is a liquid staking protocol on Solana that focus on sharing Maximum Extractable Value (MEV) rewards with stakers. $JTO is the governance token for the Jito network on Solana. It allows the community to govern the protocol.
The SEC announcement may impact price action of Liquid Staking Platforms' tokens.
