From 0ddc7ba7bd7fb45b21eb0d426b8f0a67336a1ddb Mon Sep 17 00:00:00 2001 From: Guru Date: Tue, 17 Mar 2026 04:04:48 +0530 Subject: [PATCH] Create RFP-007 for Private Liquid Staking Derivatives This document outlines the requirements and expectations for developing a private liquid staking derivatives protocol for the Logos network, emphasizing privacy, usability, and security. --- ...007-Private-liquid-staking-derivatives.md" | 132 ++++++++++++++++++ 1 file changed, 132 insertions(+) create mode 100644 "RFPs/rfpR\314\243\314\204FP-007-Private-liquid-staking-derivatives.md" diff --git "a/RFPs/rfpR\314\243\314\204FP-007-Private-liquid-staking-derivatives.md" "b/RFPs/rfpR\314\243\314\204FP-007-Private-liquid-staking-derivatives.md" new file mode 100644 index 0000000..c2f1083 --- /dev/null +++ "b/RFPs/rfpR\314\243\314\204FP-007-Private-liquid-staking-derivatives.md" @@ -0,0 +1,132 @@ +--- +id: RFP-007 +title: Private Liquid Staking Derivatives (LSDs) +tier: L +funding: $XXXXX +status: open +category: Applications & Integrations +--- + + +# RFP-007 — Private Liquid Staking Derivatives (LSDs) + +## 🧭 Overview + +Build a liquid staking protocol for the Logos network that allows users to +stake the native token to secure the network while receiving a liquid, +shielded derivative token that can be used freely across the private DeFi +ecosystem. The entire flow — staking, receiving the liquid token, and using +it — must remain within the shielded environment. + +Liquid staking is the network aligner: it solves the tension between +securing the chain (which requires locking capital) and maintaining +liquidity (which requires freely available capital). Without liquid staking, +users must choose between earning staking yield and participating in DeFi, +fragmenting the ecosystem's capital efficiency. + +The ideal team has experience in PoS staking infrastructure, liquid staking +protocol design, and privacy-preserving token issuance. + +## 🔥 Why This Matters + +Liquid staking has proven to be one of the most demanded primitives on PoS +chains. Marinade Finance became Solana's largest protocol with over $1.8B +in TVL, demonstrating immense user demand to earn staking yield without +sacrificing liquidity. On Ethereum, liquid staking (Lido, Rocket Pool) +represents the single largest DeFi category by TVL. + +For a privacy L1, liquid staking carries additional privacy implications. +On transparent chains, staking is inherently public — the staker's address, +amount staked, and chosen validator are all visible. This creates a direct +link between a user's staking activity (often tied to KYC'd validators) +and their broader financial activity. A private liquid staking protocol +on Logos must sever this link: the act of staking, the receipt of the +liquid derivative token, and the subsequent use of that token in DeFi must +all be shielded, ensuring that validator-level information cannot be used +to de-anonymize users. + +## ✅ Scope of Work + +### Hard Requirements + +#### Functionality +1. Users can stake the native Logos token through the protocol and + receive a shielded liquid staking derivative (e.g., sLOGOS) in + return. +2. The staking delegation to validators must not reveal which end-user + initiated the stake — the protocol acts as an intermediary pool. +3. Staking rewards must accrue to the liquid derivative token + (rebasing or exchange-rate model) without revealing individual + staker rewards. +4. Users can unstake by returning the derivative token, subject to + the network's unbonding period, with the redemption happening + privately. +5. The liquid derivative token must be a standard shielded token + compatible with other Logos DeFi protocols (DEX, lending, etc.). + +#### Security +1. Implement validator set diversification to avoid concentration + risk — the protocol should distribute stake across multiple + validators. +2. Include slashing protection mechanisms — if a validator is slashed, + the loss is socialized across the pool rather than hitting + individual stakers. +3. Include an emergency pause mechanism for staking and unstaking + operations. + +#### Usability +1. Provide a minimal front-end UI for staking, unstaking, and + viewing aggregate protocol statistics. +2. Display aggregate staking metrics (total staked, current APY, + validator distribution) without revealing individual positions. + +### Soft Requirements + +1. Governance mechanism for validator set curation and protocol + parameter adjustments. +2. Integration with the Logos DEX (RFP-004) for liquid derivative + token trading. +3. Integration with the lending protocol (RFP-006) to use the + liquid derivative as collateral. +4. Support for instant unstaking via a liquidity buffer pool. +5. Exploration of MEV-sharing mechanisms where staking rewards include + a portion of MEV revenue. + +## 👤 Recommended Team Profile + +Team experienced with: + +- PoS staking infrastructure and validator operations +- Liquid staking protocol design (Lido, Marinade, or similar) +- Zero-knowledge proof systems +- DeFi smart contract development and security +- Token economic modeling +- Front-end development for DeFi applications + +## ⏱ Timeline Expectations + +Estimated duration: **12–18 weeks** + + +## 🌍 Open Source Requirement + +All code must be released under the **MIT+Apache2.0 dual License**. + + +## Resources + +- [Logos Documentation](https://github.com/logos-co/logos-docs) +- [Logos Blockchain Node Quickstart](https://github.com/logos-co/logos-docs/blob/main/docs/blockchain/quickstart-guide-for-the-logos-blockchain-node.md) +- TODO: LEE official doc +- TODO: Logos staking and consensus specification +- TODO: Shielded asset specification + + +## ✏️ How to Apply + +👉 Submit a proposal using the Issue form: + +**[Submit Proposal](https://github.com/logos-co/rfp/issues/new?template=proposal.yml)** + +We typically respond within **14 days**. For clarification questions, +please use **Discussions**.