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Ignition

Ignition  

1 Watchlists

Liquid Staking

Status

General Info

Description

Ignition is a liquid staked derivatives protocol running on the Fogo blockchain.

What is Ignition?

Ignition is a liquid staked protocol allows users to pool their stake accounts and receive liquid tokens in return, enabling better capital efficiency and democratizing access to staking rewards on FOGO.

Key Features

  • Liquid Staking: Convert staked tokens into transferable pool tokens

  • Validator Management: Efficient management of large validator sets using optimized data structures

  • Fee Protection: Built-in safeguards against malicious fee increases

  • Multi-Client Support: Rust CLI, TypeScript SDK, and Python bindings

  • Transient Operations: Secure handling of deposits and withdrawals through temporary account

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