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Cosmos Hub has passed the proposal to support the liquidity staking module

2024-10-18 03:22
Odaily News According to official information, Cosmos Hub has passed the "Support Liquidity Staking Module (LSM)" proposal. At the same time, it was stated that because the initial LSM proposal had editorial components from North Korean IT personnel, Informalinc and ATOM Accelerator are conducting a third-party audit of LSM and postponed the Hydro project originally scheduled to be launched this week. Hydro is an upcoming liquidity distribution platform developed by Informal Systems for Hub, which uses LSM to enable ATOM stakers to participate in the voting process without canceling the stake, giving up the stake rewards, or favoring any single liquidity stake provider.