LSDx is a protocol that aims to optimize the financial value of liquid staking derivatives (LSD) assets by addressing their limited liquidity and lack of diverse financial scenarios. It seeks to establish a specific protocol for LSD assets that will enable them to unlock greater liquidity and deliver higher underlying returns. The project just launched and already has over 30,000 ETH in TVL. Next, they plan to launch ETHx, which is a basket of assets containing various types of Ethereum-based LSD, and it has a built-in native LSD fast exchange. The token can be used for governance and farming opportunities.
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The information about this project is gathered from third parties sources, and CertiK does not guarantee the accuracy of the information. Conduct your own due diligence before deciding to use any info listed at this page.