ATOM price outlook after Cosmos Hub’s upgrade for liquid staking
Cosmos Hub’s Liquid Staking Module just went live, bringing new utility to ATOM. ATOM price has jumped 3% in the past 24 hours after seeing a slight increase on Wednesday. Cosmos Hub, the interchain service provider of the Cosmos Network and blockchain platform powered by the native token ATOM, had a major upgrade this week. This is after the platform’s Liquid Staking Module went live on September 12, adding to ATOM’s utility within the DeFi ecosystem. Cosmos Hub’s liquid staking model is now live With Cosmos Hub’s upgrade and unlocking of the Liquid Staking Module, ATOM holders have fresh access to new yield opportunities. LSM means tgose with ATOM can now liquid-stake already staked ATOM tokens without havig to wait for the 21-day unbonding period to elapse. The v12 upgrade is successfully completed ⚛️ The Liquid Staking Module is live on the Cosmos Hub! With LSM the Hub unlocks new dynamics within the ATOM Ec...