The token will be Ethereum-based and after the Merge, can be used to stake ether , the native token of the network, through Coinbase, according to the tweet. Liquid staking allows investors to generate extra yield on top of standard rewards for staking or locking coins in a network.
Aside from this liquid token there have been other services that are expected to provide similar services. On July 19, Lido Finance said it will
coinbase Aoyon_A Funny they're doing this when they themselves closed the transactions for ETH staking. Its like they're showing their true selves that basically just wants people's money. Just don't use Coinbase at this point.
coinbase Aoyon_A Crypto Disciple 111 Mascot Holding the golden keys to the future, unlocking the Boundless Opportunities/Possibilities
coinbase Aoyon_A ZAC_HARYS
coinbase Aoyon_A Proof of work
coinbase Aoyon_A ETHW will win
coinbase Aoyon_A Whyy is no one talkiing aboutt thiis!?
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