Yes, Cosmos Hub now offers Liquid Staking. Liquid staking is a process in which users stake their tokens and receive Liquid tokens in return. Liquid tokens have the same value as staked tokens, but they can be sold or transferred at any time.
The liquid staking module of Cosmos Hub was launched on September 13, 2023. With this module, Cosmos Hub users can stake their ATOM and receive qATOM in return. qATOM is a liquid token that is valued at the same value as staked ATOM.
Liquid Staking provides the following benefits to Cosmos Hub users:
They can stake their ATOMs and still sell or transfer them at any time.
They can earn rewards by staking their ATOM, while also getting liquid tokens to use them in DeFi protocols.
They can improve their investment dynamics and manage their risk profile better.
Liquid staking makes Cosmos Hub a more attractive investment. This allows users to earn rewards by staking their ATOM and still use them at any time.