Welcome back to another edition of the ValiDAO Digest!

Welcome back to another edition of the ValiDAO Digest!

Welcome back to another edition of the ValiDAO Digest!

Gmonad, and welcome to another ValiDAO deep dive! Today we're exploring the technical side of Monad. While details are still sparse, we've done our best to gather all relevant information and present what's known in one article.

Within Proof of Stake blockchains, validators are required to stake a bond in the chain’s native currency to secure the network. Various primitives have been developed around this concept, including liquid staking tokens (LSTs), restaking platforms, and liquid restaking tokens (LRTs), all aimed at enhancing composability and capital efficiency within these ecosystems. However, this staking infrastructure remains isolated from many blockchains and struggles to scale with the emerging wave of modular blockchains.

Overview

Overview

Treasury Update 4

While the interchain economy has seen an explosive growth in recent years, issues of capital efficiency continue to plague the ecosystem. Particularly, despite the existence of several liquid staking protocols (LSPs), over $15bn of assets are currently natively staked and thus locked and unusable within these networks.