Delegation Tokenization Summarized

This post is summarizing the recent delegation tokenization discussions in the community and suggest the most agreeable design. The original document is available here : https://github.com/b-harvest/Delegation-Tokenization-Module/blob/master/README.md Delegation Tokenization on Cosmos-SDK This post explains about delegation tokenization on Cosmos-SDK. The contents are composed of 1) Context, 2) General Effects and Risks, 3) Possible Design Options, and 4) Technical Specs. 1. Context Delegated Proof of Stake : the Standard Concensus Mechanism for Next Generation Blockchains • Most newly born public blockchains adopt proof of stake, especially delegated proof of stake • dPoS has demonstrated the most stable and secure concensus mechanism for past several years Liquid Staking : Unlock the Staked Assets for Great Potential Economic Value • Most staked assets in dPoS blockchains are locked in the blockchain protocols • Unlocking the staked assets have great economic potential to thrive growth of investment and use-cases in dPoS networks Delegation Tokenization : Protocol Level Base Layer Support for Liquid Staking • There should exist very secure…

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