# Liquid Staking Assets

### What is Staking?

Staking refers to ‘locking up’ PoS assets in exchange for a share of inflationary rewards distributed to all stakers (aka staking rewards) in a PoS network. However, in order to participate in the network and receive staking rewards, token holders are often required to lock up their tokens for a certain period. This is referred to as a “bonding period”, during which you can’t withdraw or transfer your tokens.

### What is Liquid Staking Assets?&#x20;

There is a number of DAO-style or centralized models aiming to alleviate some of the most pressing issues for staking token holders, making it simple and accessible for everyone to earn staking rewards with the most efficient liquidity.

**Liquid Staking Assets** are tokens representing staked assets (i.e., PoS staking tokens, DeFi staking tokens, etc), which accrue in value with staking yield coming from the underlying staked tokens.

By tokenizing staking assets and introducing them to DeFi, it creates a new liquid staking market, where stakers are able to enjoy 7/24 liquidity without compromising on staking yield, participate in lending activities and take out loans against their staked tokens for optimized capital efficiency.

### rTokens

Launched by [StaFi](https://www.stafi.io/), [rToken](https://www.stafi.io/rToken) is short for reward-Token. When users stake PoS tokens through StaFi, they will receive an equal amount of rToken in return. For example, rAtom represents staked Atom, while rDOT represents staked DOT. rToken allows users to receive staking rewards and access liquidity any time by trading rTokens directly. Users also have the right to redeem the corresponding amount of staked tokens at any time.

### tTokens

tToken is a representation of Liqee's tokenized assets. First two of such tAssets to launch on Liqee are tFil and tXTZ. tFil is a Filecoin token certificate backed by actual filecoin pledged for mining and associated mining equipments, and tXTZ is token certificate representing collateralized XTZ deposit (Tezos network token) by Tezos validators.&#x20;

tToken are supported as collaterals in our lending market.


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