Cosmos Hub upgrades to offer liquid staking
Cosmos Hub, one of the blockchains of the Cosmos Network, has been upgraded to launch a liquid staking module, enabling users to bypass the previous 21-day unbonding period by unstaking Cosmos (ATOM) funds.
ATOM is the native token of the Cosmos Network. Before the upgrade, ATOM holders had a locking period of 21 days to move their funds after unstaking the token. With the new module, staked ATOM can be used in the Cosmos DeFi ecosystem without compromising yields from staking.