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docs: The quotation marks are incorrect. #3453

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docs: The quotation marks are incorrect. #3453

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4 changes: 2 additions & 2 deletions docs/docs/delegators/delegator-faq.md
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Expand Up @@ -63,15 +63,15 @@ Then, each delegator in the staking pool can claim their portion of the delegato

The Liquid Staking module enacts a safety framework and associated governance-controlled parameters to regulate the adoption of liquid staking.

The LSM mitigates liquid staking risks by limiting the total amount of ATOM that can be liquid staked to a percentage of all staked ATOM. As an additional risk-mitigation feature, the LSM introduces a requirement that validators self-bond ATOM to be eligible for delegations from liquid staking providers or to be eligible to mint LSM tokens. This mechanism is called the “validator bond”, and is technically distinct from the current self-bond mechanism, but functions similarly.
The LSM mitigates liquid staking risks by limiting the total amount of ATOM that can be liquid staked to a percentage of all staked ATOM. As an additional risk-mitigation feature, the LSM introduces a requirement that validators self-bond ATOM to be eligible for delegations from liquid staking providers or to be eligible to mint LSM tokens. This mechanism is called the "validator bond", and is technically distinct from the current self-bond mechanism, but functions similarly.

At the same time, the LSM introduces the ability for staked ATOM to be instantly liquid staked, without having to wait for the unbonding period.

The LSM enables users to instantly liquid stake their staked ATOM, without having to wait the twenty-one day unbonding period. This is important, because a very large portion of the ATOM supply is currently staked. Liquid staking ATOM that is already staked incurs a switching cost in the form of three weeks’ forfeited staking rewards. The LSM eliminates this switching cost.

A user would be able to visit any liquid staking provider that has integrated with the LSM and click a button to convert her staked ATOM to liquid staked ATOM. It would be as easy as liquid staking unstaked ATOM.

Technically speaking, this is accomplished by using something called an “LSM share.” Using the liquid staking module, a user can tokenize their staked ATOM and turn it into LSM shares. LSM shares can be redeemed for underlying staked tokens and are transferable. After staked ATOM is tokenized it can be immediately transferred to a liquid staking provider in exchange for liquid staking tokens - without having to wait for the unbonding period.
Technically speaking, this is accomplished by using something called an "LSM share." Using the liquid staking module, a user can tokenize their staked ATOM and turn it into LSM shares. LSM shares can be redeemed for underlying staked tokens and are transferable. After staked ATOM is tokenized it can be immediately transferred to a liquid staking provider in exchange for liquid staking tokens - without having to wait for the unbonding period.

### Toggling the ability to tokenize shares

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2 changes: 1 addition & 1 deletion docs/docs/validators/validator-faq.md
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Expand Up @@ -98,7 +98,7 @@ Self-delegation is a delegation of ATOM from a validator to themselves. The dele

### What is validator bond? How can I increase my validator bond?

Validator bond is a delegation of ATOM from a delegator to a validator. Validator operators can validator bond to themselves. The validator bond amount can be increased by sending a `ValidatorBond` transaction from any account delegated to your validator. Validator bond is required before a validator can accept delegations from liquid staking providers. As such it forces validators to put “skin in the game” in order to be entrusted with delegations from liquid staking providers. This disincentivizes malicious behavior and enables the validator to negotiate its relationship with liquid staking providers.
Validator bond is a delegation of ATOM from a delegator to a validator. Validator operators can validator bond to themselves. The validator bond amount can be increased by sending a `ValidatorBond` transaction from any account delegated to your validator. Validator bond is required before a validator can accept delegations from liquid staking providers. As such it forces validators to put "skin in the game" in order to be entrusted with delegations from liquid staking providers. This disincentivizes malicious behavior and enables the validator to negotiate its relationship with liquid staking providers.

### Is there a minimum amount of ATOM that must be delegated to be an active (bonded) validator?

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