Native staking

Native Staking with Escher

Escher takes native staking to the next level by introducing a personal, user-specific ICA controller. Unlike liquid staking solutions, Escher doesn’t create LSTs for native staking. Instead, each user is assigned a unique ICA controller that facilitates direct staking on target chains. This approach ensures that rewards are sent directly to the user’s wallet, offering a streamlined and efficient staking experience.

What sets Escher apart is the added utility of the ICA controller. These controllers are transferable and can be tokenized as NFTs, unlocking new financial opportunities. Users can sell their staking positions or use them as collateral for lending and borrowing in DeFi protocols, turning staking positions into versatile financial assets. This functionality bridges the gap between staking and DeFi, giving users unprecedented flexibility and control over their staked assets.

By enabling governance participation and staking rewards while maintaining personal ownership of the ICA controller, Escher empowers users to fully engage with the blockchain ecosystem. This innovative approach combines staking, governance, and DeFi utility into a unified, user-centric experience.