Thala’s $APT liquid staking primitive to spark the next wave of DeFi activity on @Aptos_Network.
Liquid staking on Ethereum and Solana, for instance, comprise more than 43% and 50% of ecosystem TVL, respectively.
Despite over 115 active validators and tens of millions of $APT staked, none of the value is flowing back to the Aptos DeFi ecosystem.
Thala aims to change this