Cosmos Hub passes "Support for Liquidity Staking Module (LSM) " proposal
2024-10-18 03:26:55
On October 18th, Cosmos Hub passed the "Support Liquidity Staking Module (LSM) " proposal. Officials said that since the original LSM proposal had input from North Korean IT personnel, Informalinc and ATOM Accelerator are conducting a third-party audit of LSM and have postponed the Hydro project, which was originally scheduled to launch this week. Hydro is an upcoming liquidity distribution platform developed by Informal Systems for the Hub, which uses LSM to enable ATOM staking holders to participate in the voting process without canceling staking, waiving staking rewards or favoring any single liquidity staking provider.
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