Enable Interchain Accounts (ICA) So That Liquid Staking Protocols Can Onboard $AKT #480
Replies: 4 comments
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Absolutely! I couldn't agree more, especially considering the potential impact on $AKT and its ecosystem. Liquid staking protocols have the potential to significantly enhance the utility and liquidity of $AKT tokens, fostering a more dynamic and vibrant ecosystem. Embracing this new liquid era could truly propel $AKT to new heights and create exciting opportunities for its holders. |
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Hi there @sneedpilled this is on radar of the core team, although in the backlog. |
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As @heyhewi mentioned, this is on the backlog in the roadmap for the core engineering team. You can stay up to date on the Akash Product and Engineering Roadmap here. |
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Liquid staking protocols have revolutionized the Cosmos over the past year, allowing for countless new use cases. Akash should enable ICA so that liquid staking protocols such as Quicksilver and Stride can onboard $AKT into their respective protocols as $qAKT & $stAKT respectively. This would allow $AKT holders to dive deeper into Cosmos DeFi without forfeiting $AKT's now increased staking APR. Liquid staking is clearly an immensely popular service throughout the wider Cosmos, Akash should embrace this new liquid era.
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