Coinbase Cloud Works with Acala Foundation to Support Liquid Staking

1 · Coinbase · April 26, 2022, 2:03 p.m.
By Joe Lallouz, Head of Coinbase CloudCoinbase Cloud is pleased to announce support of liquid staking through a collaboration with the Acala Foundation, starting with KSM liquid staking on Karura.Liquid staking lets token holders stake their tokens while still putting them to work in DeFi — without being subject to unbonding periods. This offers token holders more opportunities to participate in the crypto economy.Liquid staking is an important initiative that has the potential to bring even mor...