dYdX Chain V3.0 adds liquidity staking support

dYdX Chain has upgraded to version 3.0 today, introducing cross-chain accounts and supporting liquidity staking protocols to join dYdX Chain for liquidity staking on the network.

It is reported that this allows users to continue to stake and protect dYdX Chain, while converting the staked DYDX into liquid assets that can be traded or used in DeFi applications.

In addition, the Cosmos ecological protocol Stride plans to open dYdX's liquidity staking today, and two other liquidity staking providers, Persistence and Quicksilver, also plan to offer this service. (The Block)