Odaily Planet Daily News Sui official website issued a document stating that the Sui testnet now supports liquidity staking, and this function will be added to the mainnet in the next upgrade after all compatibility tests are completed.
Sui said that this upgrade was completed through SIP6. Before that, the pledgers of the Sui network would receive an encapsulated asset representing their rights and interests after completing the pledge, but this asset cannot be circulated, so this means that the pledged tokens are actually has been removed from circulation. After the upgrade, the encapsulated token will be able to be freely transferred and traded, which means that developers will be able to provide liquidity staking services and create more DeFi applications based on this.