Discover and read the best of Twitter Threads about #0xacid
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Wanna do some drugs? 💊
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 🧵👇
1/28
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 🧵👇
1/28
@0xAcidDAO So first things first, the #ETH Shapella upgrade is set to go ahead on April 12th.
@LouisCooper_ covers the basics!🍄
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
@LouisCooper_ covers the basics!🍄
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:
💊 You need 32E to be validator on the #ETH network
💊 Non-validators use LSD's protocols to stake
💊 LSD's compete to pay out the highest APR's
LSD means "Liquid Staking Derivatives".
Stay with me!
3/28
💊 You need 32E to be validator on the #ETH network
💊 Non-validators use LSD's protocols to stake
💊 LSD's compete to pay out the highest APR's
LSD means "Liquid Staking Derivatives".
Stay with me!
3/28
