IoTeX has passed the community vote in support of Ethereum Liquidity Staking Derivatives with a 97% approval rate (141 million). The main purpose of this proposal is to enhance network security and expand the number of verifiers by increasing the IOTX pledge ratio. In addition, it is also proposed to represent the pledge buckets in the form of NFT so that the liquid pledge agreement can be managed through smart contracts. Implementing and deploying this functionality online, Lido and Rocket Pool etc. can quickly launch their liquid staking DApps on the IoTex network.