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Suilend launches liquidity staking token sSUI

Sui eco-lending platform Suilend has launched sSUI, a liquidity staking token built on the SpringSui standard. SpringSui is an open-source liquidity staking token standard that supports timely unstaking to provide liquidity, thereby reducing the risk of de-anchoring. Officials said that in the future, other teams will be able to deploy LST without permission and for free using the SpringSui standard.