Liquid staking, which is the latest development in DeFi, is the platform to be on the lookout for. LSD is a DeFi protocol that allows users stake their assets and keeps them liquid. LSD, an aggregator protocol, covers a wide range of liquid-staking protocols. Users get the highest yield and maintain liquidity.
Users can also stake their ETH to get LSETH. These can then be exchanged for liquid assets. LSD’s native token $LSD can be staked and lent out to the aggregator for sustainable rewards. These rewards are paid in governance token $veLSD.
Liquid staking has a TVL worth $13.6 billion. LSD’s platform is an aggregator that makes use of the yields from many of the top liquid staking protocols. LSD’s tokenomics make it favorable for holders. No tokens go to VCs, the team or the circulating supply. $LSD As it is locked to receive $veLSD, the amount will be reduced.
The Shanghai token unlock unlocks up to $29B of $ETH in a month. It is vital that you ensure you are getting the highest possible yield on your $ETH. This makes liquid staking an attractive DeFi option. LSD stands out thanks to its aggregator, which allows users to “set-and-forget” their $ETH in order to get the best yield. The team also keeps users informed about the latest developments.