Sui's SIP#6 improvement proposal allows developers to build liquid staking protocols

ChainCatcher message, the Sui community has improved the proposal through SIP#6, and the upgraded protocol allows trading and transferring of wrapped tokens received from staking, as well as wrapping them into another object. Adding this feature will enable developers to provide liquid staking and create applications that offer financial products using liquid staking tokens.

It is reported that the protocol upgrade supporting liquid staking is now live on the testnet, and assuming all testing and compatibility issues are resolved, it will be added to the mainnet in the next upgrade.