Introduction to Proof-of-Liquidity

Proof-of-Liquidity is a novel consensus mechanism that builds on Proof-of-Stake but eliminates the problem of locked capital, which is detrimental to DeFi. This video explains why we at Mangata think capital efficiency will define the Endgame for DEXes, how app-specific chains can fix the problems that DeFi has on Ethereum and how we arrived at the new paradigm of Proof-of-Liquidity.
Read the blog post: blog.mangata.finance/blog/202...
00:00 - Intro
00:51 - Why Capital Efficiency Matters
02:36 - The Problem with Proof-of-Stake
04:13 - Aligning Incentives of Staking and Liquidity Provision
04:53 - How Proof-of-Liquidity works
06:36 - Disussion
09:18 - Summary
09:51 - How to learn more

[@JosefSkala-jk3hu]

Just amazing ideas. I also read that there should be no fees for Mangata Finance.