🚀 Crypto staking's cool kids club, Proof of Stake Alliance (POSA), just got a makeover! POSA, representing 15 firms like Coinbase and Ava Labs, updated its "staking principles" on Nov. 9. These principles are like a cheat sheet for responsible staking practices, keeping regulators happy 😇.
What's new? Three shiny principles:
1. Crystal-clear communication 📢 for informed user decisions
2. User ownership of staked assets 💪, so they decide how much to stake
3. Staking providers should mind their own business, not manage/control user liquidity 💧
Regulators, take note: POSA's got its act together!