Crypto market maker B2C2 has teamed up with blockchain infrastructure firm Blockdaemon and staking protocol Stakewise to provide liquidity for staked ether , according to an emailed announcement shared with CoinDesk.
B2C2 says it will be the sole over-the-counter spot liquidity provider for the digital receipt token sETH-h, built on liquid staking platform Portara. Users that have staked ether on the Ethereum blockchain will be able to use sETH-h tokens to exit their positions or earn rewards elsewhere in the crypto ecosystem.
Liquid staking is the process whereby users are given derivative tokens in exchange for their staked digital assets, in this case ether (
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