๐ข Exciting Update:
Our official website has moved to https://t.co/v3bLwsEBiS! ๐ Visit us to learn more about how we enhance liquidity and capital efficiency for #LSTs.
#Ethereum liquid staking refers to unlocking your staked #ETH via derivatives, so you can reinvest it elsewhere. ๐
If youโre looking to get into ETH liquid staking and how it works, find out here! ๐
https://t.co/A44UA70WCn
๐ Total staked $ETH has surged past 27M as of October 2, 2023!
LSD providers like LSDx are driving this evolution, unlocking liquidity and opening doors to diverse crypto opportunities.
The best part? More users can join the staking revolution with lower barriers to entry. ๐ซ
๐ The blockchain space witnessed a groundbreaking shift this year, with rapid $ETH staking growth.
As of October 2023, liquid staking is now the biggest DeFi protocol category, locking in a staggering $23B across 119 platforms. And that's not all...
3โฃ LSDxUM Collateral
$LSD will soon serve as collateral in the upcoming stablecoin module. It's a critical piece of the puzzle, ensuring stablecoin issuance remains secure and reliable. ๐
๐ซ Exploring $LSD Utilities ๐ซ
Did you know that $LSD has some exciting use cases in the LSDx ecosystem? Let's dive in and uncover how it can boost your DeFi journey. ๐
#LSDx#DeFi
2โฃ Omnichain LSD-Fi
$LSD acts as a bridge in the Omnichain LSD-Fi system, unlocking rewards from #Layer2 and strategic partners. It's like having a passport to explore the broader DeFi universe! ๐
Today is the 1 year anniversary of The Merge! ๐ฅณ
Since The Merge:
- 980,000 ETH burned ๐ฅ
- 11.6 million ETH staked ๐ฅฉ
- 362,000 new validators ๐ฅ๏ธ
The markets have been bearish over the last year but the Ethereum ecosystem has never been more bullish!
How does the LSDx ecosystem benefit #LST assets?
๐ค LSDx offers LST assets a seamless platform for minimal slippage swaps using Stableswap, all while ensuring sustainable yield within the DeFi economy.
https://t.co/bn5YWDKRyg
๐ฅ Discover low-slippage, high-reward trading with #LST Stableswap!
Use $ETHx Bridge Base Pool to maximize gains & minimize costs. Mint $ETHx with $ETH, $stETH, $fraxETH, or $rETH for the best yield.
Swap now: https://t.co/bn5YWDLpnO ๐