VSP Process and Eligibility
Any Staking providers can apply for verification on Staking Rewards, provided that they are a legitimate business, project, or protocol that offers staking services.
1. Non-Custodial Staking Provider
These providers accept delegations on public PoS blockchains or offer Validator as a Service Solutions / Whitelabel Validators.
A liquid staking provider takes token deposits, stakes those tokens, and gives the depositor a redeemable receipt for the staked tokens, a Liquid Staking Token (LST). The receipt represents those staked tokens that can be traded or used as collateral elsewhere.