Liquid Staking: Having Your Cake and Eating It Too: Usually, when you "Stake" your crypto to secure a network, your coins are locked in a vault and you can't touch them. But with Liquid Staking, when you lock up your tokens, the protocol gives you a "receipt token" (like stETH).

This receipt token is worth exactly the same as your locked crypto. You can use that receipt to trade, buy NFTs, or earn extra interest while your original coins are still sitting in the vault earning rewards. It’s double the profit with the same amount of money.