Cosmos Hub upgrades to add liquid staking module

Quick Take

  • Cosmos core developers have rolled out the “Gaia v12” upgrade on Cosmos Hub.
  • The upgrade introduced what’s called as liquid staking module, allowing for Atom staked with validators to convert into liquid staked Atom.

The core developers at Cosmos have implemented the anticipated "Gaia v12" upgrade on the Cosmos Hub to integrate what's known as a "liquid staking module" onto the network.

The upgrade was implemented at block height 16985500 around 9 am ET.

LSM is an add-on software mechanism that allows for native liquid staki