What are Liquid Staking Tokens (LSTs)?

An LST stands for Liquid Staking Token, and it serves as a digital representation of an asset you've staked within a blockchain ecosystem.

Think of it as a digital certificate of ownership that's highly flexible. The "liquid" in its name emphasizes that you're not tied down—there are no lock-up periods, so you are empowered to buy, sell, or use these tokens freely.