Thala offers a liquid staking solution for the Aptos blockchain. This means you can stake your Aptos (APT) tokens and still maintain liquidity, unlike traditional staking where your tokens are locked for a period. Here's a breakdown of Thala's liquid staking:

Dual-Token Model:

thAPT: This is a non-rebasing deposit receipt pegged to APT at a 1:1 ratio. You receive thAPT when you deposit your APT for staking. Essentially, it represents your staked APT.

sthAPT: This is a rebasing deposit receipt. The value of sthAPT increases over time as validator rewards accumulate. However, most of the staking rewards are distributed to sthAPT holders.