1/n There are four primary ways to stake ETH, solo staking, stSaaS, pool staking, and CEX staking. Among these four, pool staking, capturing 36.6% of total ETH staked market share, has emerged as the most popular way due to LSD’s accessibility, versatility, and unique advantages
13/n Our Coding Group provides Solidity and Move courses for trainees with a computer science-related major. After completing the course, members can participate in hackathons, be early-stage project contributors, and even provide technical support for projects.
0/n Welcome to Gryphsis Academy, a free platform that equips young individuals with the skills and knowledge required to excel in the dynamic field of cryptocurrency and Web3. This thread will introduce you to our community.🧵
26/n In summary, the LSD market offers growth potential and is expected to continue evolving. Many factors could affect this expansion, and tracking market trends is key. With current trends, we can hold an optimistic outlook for this emerging sector. #LSD#Growth#CryptoTrends
23/n Service revenue is a fundamental factor for every protocol, especially after the advent of the “Real Yield” narrative. The stunning growth potential of the LSD service revenue also implies the possible emergence of dominating real yield protocols within the sector.
17/n Each of the sectors in the LSD ecosystem has its core protocols. For infrastructure, SSV Network and Obel Network are two prominent protocols leading the road of decentralizing ETH staking.
13/n Institutional inflow, a consistent crypto growth driver, could boost the LSD sector. Current high US Govt. Bond Yield makes ETH staking yield less attractive, but as yields likely drop, the crypto market could re-enter a bullish phase.
3/n The Merge, an ETH upgrade moving from PoW to PoS, replaces miners with validators staking ETH. Enter Liquid Staking Derivatives (LSDs), tokens reflecting staked ETH. Two types: 1) Rebasing expanding token count with rewards, 2) Reward-Bearing adding value via appreciation.
0/n Since the onset of 2023, LSD has emerged as one of the most significant trends in the DeFi space. This report offers an overview of LSD, highlighting the 5 drivers of growth, indicating a potential 7-fold increase over the next 5 years.
https://t.co/Miy4LXwUuR
The Linea Voyage continues!
Welcome to Week 5: Tech and Dev Week 🛠️
In collaboration with @thirdweb, @i_am_hapi_one, and @GoPlusSecurity, we're empowering you with a comprehensive understanding of Linea's technicalities.
More here👇
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