Liquid Staking with LDOT

Acala addresses the liquidity challenge with its Liquid Staking solution, powered by the Homa Protocol. This innovative approach allows users to stake their DOT (Polkadot's native token) and receive LDOT (Liquid DOT) in return. LDOT represents the staked DOT and can be used in various DeFi applications within the Acala ecosystem and beyond, effectively unlocking the liquidity of staked assets.