4 Delegation Vouchers – a Design Concept for Liquid Staking Positions

Delegation vouchers are a Proof-of-Stake design concept that would enable staking positions to unlock their full economic potential by becoming useable in decentralized finance applications (#StakingIsDeFi). Chorus One and Sikka implemented a version of delegation vouchers using the Cosmos SDK at a Cosmos Hackathon. In this podcast episode, Brian and Meher discuss the need for alternative staking designs and the advantages of the delegation voucher system in comparison to the current implementation.