BNB Chain said it will enable native liquid staking on its BNB Smart Chain as part of its shift to migrate the BNB Beacon Chain’s functions to BSC as the former is wound down.
While the organization did not give a specific date for the rollout of the liquid staking feature, BNB Chain said it will happen in April or May. “The implementation aligns with the sunset of the BNB Chain Fusion, streamlining the network, improving efficiency, reducing security risks and matching current technological demands.”
BNB Chain explained that with the feature, users can engage in decentralized finance activities without sacrificing the asset’s utility because they will have liquid staking tokens representing their staked crypto assets.
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