StaFi has announced it would be taking a major move by deploying its Liquid Staking as a service (LSaas) testnet. This long-anticipated mainnet launch is the StaFi 2.0, which is likely to impact the blockchain space.StaFi 2.0 is making waves in the blockchain community through its announcement, which has introduced several powerful features that seek to position it as the leading infrastructure solution for liquid staking across Ethereum Virtual Machine (EVM) and Cosmos ecosystems.According to StaFi Co-Founder Liam Young, “The launch of the StaFi 2.0 testnet is a major milestone in our journey to mainnet. It’s also a major boost for layer1 blockchains seeking easier access to LSD with the vast potential this vertical holds for strengthening network security, decentralization, and opening new opportunities for yield generation. The future of blockchain development is intertwined with liquid staking. StaFi 2.0 will play a crucial role in realizing that vision through pioneering Liquid Staking as a Service.”Testnet will enable developers to engage in LSDs regarding the most popular blockchains- Ethereum, EVM layer 2s, and Cosmos networks, including native cosmos chain deployment supported via CosWasm LSD framework.More significantly, this version of StaFi 2.0 intends to break up the current silos of liquidity staking by presenting a single unified protocol supporting many different forms of LSD assets. This is likely going to have a positive impact on StaFi 2.0, as it is likely to increase stake participation among users and improve security in blockchain network The LSD initiative on the other hand, is geared towards improving the StaFi’s LSaaS ecosystem to ensure fast, reliable and cost-effective liquid staking solutions in layer 1 and layer 2 blockchains. Developers are also welcome to experiment with the LSD products. By doing this, developers can enjoy the various services firsthand and even improve the services.Additionally, StaFi is positioning itself as an infrastructural platform where any LSD products can operate successfully. This would likely make StaFi contribute immensely to the multi-billion-dollar growth of the liquid staking industry. StaFi is set to revolutionize the blockchain space with the testnet launch of StaFi 2.0, introducing Liquid Staking as a Service (LSaaS) to enhance network security, decentralization, and yield generation opportunities across Ethereum Virtual Machine (EVM) and Cosmos ecosystems. This move is expected to significantly impact liquid staking by offering a unified protocol that supports a variety of assets, aiming to increase stake participation and improve the overall security of blockchain networks.
