Liquid staking tackles the issues of illiquidity and limited accessibility in native ETH staking. It transforms previously locked assets into liquid assets, allowing users to receive receipt tokens for their staked ETH deposits. Users with any amount of ETH can partake in staking pools and receive a proportional share of the rewards, minus fees and protocol penalties.
Kiln's Liquid Staking Pool* empowers integrators to join existing pools or create dedicated pools, in addition to the flexibility of selecting token models such as cToken or aToken. These fungible tokens can be used as collateral on centralized and decentralized exchanges or in DeFi, expanding earning opportunities for users.
Staking Pools allow users to participate in native staking by pooling their assets until they reach the required threshold of 32 ETH. This benefits smaller holders and enhances network security. However, for added liquidity and benefits like composability, Kiln offers a customized liquid staking token within our Liquid Staking Pool solution.
If you prefer a more traditional approach, Kiln's standard Staking Pool is also available. Choose the option that suits your staking needs.
Kiln Liquid Staking Pool provides a solution for staking any individualized amount of ETH and creates a liquid staking token that represents the ownership of the validator.
The primary risks associated with Ethereum staking include smart contract vulnerabilities, slashing, and downtime. Kiln addresses these risks through the implementation of strong anti-slashing strategies and monitoring processes, which have received endorsement from the Ethereum Foundation. Our smart contracts have undergone thorough audits conducted by reputable industry leaders such as Spearbit and the Ledger Donjon.
Since the launch of our first validators, Kiln has not encountered any slashing events, underscoring the efficacy of our anti-slashing strategies and our dedication to upholding the security and integrity of the staking process through best efforts.
Please also note that the availability and suitability of this product may vary across jurisdictions and may not be accessible or suitable for use in all regions.
Liquid staking tokens offer the dual advantages of enhanced flexibility and liquidity. Users can unlock the value of their staked assets, trade them on secondary markets, and engage in various DeFi activities, all while continuing to earn staking rewards.