Hard to follow advices of someone who says ‘liquid ETH is about 7% of ETH’, this is incorrect because rather than 7% is around 36% of staked ETH, you need to talk about staked ETH since the 25% global cap of the LSM refers to staked ATOM: Introducing the Dynamic Liquid Staking Tax (Blockworks Research) - Cosmos Hub Fiscal Policy Part 1 - #17 by Cosmic_Validator