Unlocks staked capital by allowing users to stake the native token to secure the network while receiving a liquid, shielded token that can be used in private DeFi.
FURPS+
Ai generated
This section was generated by an LLM and has not yet been human-reviewed.
Functionality
- Enable staking of native token with receipt of liquid derivative token
- Support usage of derivative in DeFi (lending, DEX trading)
- Implement validator selection mechanisms
- Provide reward distribution to stakers
- Enable unstaking via privacy-preserving exit queue
- Offer slashing protection mechanisms
+ (Privacy, Anonymity, Censorship-Resistance)
- Private staking deposits without public exposure
- Shielded receipt token (e.g., stLOGOS) issuance
- Private DeFi usage of derivative tokens
- Private unstaking and redemption processes
- Prevent linking staking activity to financial activities
Demand Validation
Potential Users: Network validators, DeFi users, long-term holders
Use Cases:
- Securing the network while maintaining DeFi liquidity
- Earning staking rewards without locking capital
- Using staked assets as collateral in lending
- Trading staked positions without unstaking delay
Possible Implementation
- Pooled liquid staking: Users deposit into shielded pool, pool delegates to validators, receive fungible liquid staking token
- Direct validator delegation: Users privately delegate to specific validators, receive non-fungible staking position NFT
- Restaking protocols: Stake once to secure multiple protocols with private rewards
Technical Validation
Risks & Challenges:
- Validator selection mechanism design (private vs transparent)
- Reward distribution calculations on encrypted balances
- Slashing protection without revealing positions
- Governance mechanisms for validator set management
- Exit queue implementation maintaining privacy
Integration Points:
- Private DEX for trading staked derivatives
- Lending protocol for using derivatives as collateral
- Yield aggregators for automatic reward compounding
- Governance systems for protocol voting