Apollo DAO to Launch Liquid Staking Solution for Cosmos

Yield aggregator Apollo DAO announced that it will launch its liquid staking solution for Cosmos, which will initially be released on Osmosis, Injective and Terra 2.0, followed by more Cosmos chains in the future. Taking Osmosis as an example, Apollo DAO's solution allows users to stake $OSMO in exchange for $apOSMO at 1:1 basis. All staking rewards will be compounded into $apOSMO, which is tradable and transferable.