# Liquid staking

### Overview

LiquiFy DAO enables **liquid staking**—a powerful mechanism where users stake assets on one chain and receive **liquid staking tokens (liqTokens)** that can be **used across multiple blockchains** for additional yield and DeFi opportunities.

You can stake once and earn in many places. LiquiFy brings restaking to the **multichain era**, allowing composability across Ethereum, BNB Chain, Solana, and beyond.

***

#### **1. Stake on Your Native Chain**

Users begin by staking their base assets (e.g., BNB) on their native chain using the LiquiFy interface.

* **Input**: BNB
* **Action**: Stake via LiquiFy smart contracts
* **Output**: You receive `liBNB`, a **liquid staking token**

`liBNB` is a receipt token that represents your restaked position. It continues to earn staking rewards and is **bridgeable** and **composable**.

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#### **2. Minting of liqTokens**

When you stake, LiquiFy DAO issues a **1:1 liquid staking token**:

| Staked Asset | liToken Issued |
| ------------ | -------------- |
| BNB          | `liBNB`        |
| ETH          | `liETH`        |
| SOL          | `liSOL`        |
| MATIC        | `liMATIC`      |

These tokens retain the value and yield of the underlying asset, while enabling cross-chain use.

***

#### **3. Bridge to Other Chains**

You can **bridge your liqTokens** (e.g., `liBNB`) from the source chain (BNB Chain) to other supported chains like:

* **Ethereum**
* **Solana**
* **Avalanche**
* **Polygon**
* **Arbitrum**
* **Optimism**
* **Base**

> 🔗 Powered by LiquiFy’s native bridge infrastructure and cross-chain messaging protocol.

***

#### **4. Restake or Use in DeFi**

Once on another chain, your `liToken` can be:

* **Restaked** into **local validators** or **restaking modules**
* **Deposited into lending/borrowing protocols**
* **Used as collateral**
* **Deployed into farming strategies**
* **Traded or Lend on DEXs**
* **Used in governance mechanisms**

All of this is done **without unbonding or unstaking your original asset.**

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### 🌐 **Multichain Support**

LiquiFy supports **restaking and composability across chains**, using a hybrid of:

| Feature                      | Enabled |
| ---------------------------- | ------- |
| Cross-chain bridges          | ✅       |
| Interoperable token wrappers | ✅       |
| Multichain reward tracking   | ✅       |
| Native validator restaking   | ✅       |
| Yield stacking               | ✅       |

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### 🔒 **Security Model**

* **Non-custodial**: You retain ownership of your funds
* **Audited Smart Contracts**
* **Slashing insurance pools** (in development)
* **Cross-chain verification via zk and optimistic bridges**

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### 🧩 Use Case Example

#### 🔄 **Stake on BNB → Use on Solana**

1. Stake BNB via LiquiFy → Receive `liqBNB`
2. Bridge `liqBNB` to Solana
3. Deposit `liqBNB` into a lending pool or validator wrapper
4. Earn yield from both:
   * BNB staking rewards
   * Solana validator / lending rewards

***

### 🔚 **Exit / Unstake Flow**

When you're ready to exit:

1. **Burn your `liqToken`** on the destination chain
2. It gets routed back through LiquiFy bridge to native chain
3. Original asset (e.g., BNB) is **unstaked and returned** to your wallet (post lock-up period, if any)

***

### ⚙️ Supported Chains (Live/Planned)

| Chain     | Status     |
| --------- | ---------- |
| BNB Chain | ✅ Live     |
| Ethereum  | ✅ Live     |
| Solana    | 🔜 Planned |
| Polygon   | ✅ Live     |
| Arbitrum  | ✅ Live     |
| Avalanche | 🔜 Planned |
| Base      | 🔜 Planned |