Discover and read the best of Twitter Threads about #0xacid

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Wanna do some drugs? πŸ’Š

Amongst all the noise and hype around the #Arb airdrop, one protocol has not only caught my eye, but my attention.

Truthfully, I feel underexposed to this project & I'm going to tell you why.

Let's drop a tab on @0xAcidDAO
A thread πŸ§΅πŸ‘‡

1/28 Image
@0xAcidDAO So first things first, the #ETH Shapella upgrade is set to go ahead on April 12th.

@LouisCooper_ covers the basics!πŸ„

But, TL;DR 🍬

A shit tonne of staked #ETH ($27bn) will be unlocked, meaning the fight to offer the highest APR's by LSDs is on.

buff.ly/3TsckJO

2/28
@0xAcidDAO @LouisCooper_ So, having read the above, you should understand that:

πŸ’Š You need 32E to be validator on the #ETH network
πŸ’Š Non-validators use LSD's protocols to stake
πŸ’Š LSD's compete to pay out the highest APR's

LSD means "Liquid Staking Derivatives".

Stay with me!

3/28
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