Discover and read the best of Twitter Threads about #Lido

Most recents (5)

1/
This Lido fiasco has created a mess of everything and for no reason, ETH is suffering, and most importantly users

There are different versions of this story but more or less it's close to what I could analyze
2/
This liquid staking concept i.e, the derived asset itself works as a full-fledged tradeable asset with other utilities like lending, staking, etc.

It's more like the US housing market collapse in the 2000s
3/
Here is one version of the story:

At Lido, stake ETH and get stETH in a 1:1 ratio. Now use that stETH for other purposes

On the other hand, Lido generates money using stETH through lending/borrowing, arbitrage, and other trade opportunities

So far so good
Read 9 tweets
#GM!
1/ There have been many amazing #threads about $stETH and $ETH, to complement that we will uncover the basis of #liquidstaking in our latest #visualguide

#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
2/ #LiquidStaking is one of the ways to generate a #yield from an asset by utilizing the #composability of liquid staking derivative (LSD) #tokens

#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
3/ #LiquidStaking is needed to reduce the barrier to become #validator and indirectly to increase #liquidity across the networks.

#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
Read 13 tweets
🧵 $30B in TVL wiped out by the $LUNA and $UST collapse. Total #DeFi TVL slashed in half over the last month.

What does the future hold for DeFi on the major #Layer1 chains and protocols? My thoughts in 10 tweets. 1/10
#DeFi exploded from $19B TVL at the start of 2021 to $280B by the end of 2022, holding steady until April of this year.

It now stands at $128B with the majority of that over 50% drop coming in the last month as investors rush for the exits. 2/10 Image
Why? A negative global macro outlook with inflation and rising interest rates leading to sell off in traditional markets.

The knock on effect on $BTC compounded by the shock from the $LUNA and $UST fallout has nervous investors going risk off. 3/10
Read 10 tweets
【Cipholio Opinions】#DeFi 变化趋势?
1/7. 2021年,DeFi项目总体处于上涨趋势中,总TVL在11月到达峰值,约2560亿美元。进入2022年之后,受到整个市场行情走低的影响,TVL出现明显下跌,相对于峰值已下降约20%,用户的参与热情也明显降低。
2/7
3/7. 以TVL前十位公链为例,不同的公链生态出现分化。大多数公链的TVL在2021年11月前后达到峰值,然后受市场影响出现回撤。但 #Cronos#Osmosis 等新的DeFi生态逆势增长。Osmosis的主要交易池的年化收益率在50%以上,相对较高的收益率吸引了更多用户参与。
Read 8 tweets
#NEAR ECOSYSTEM - THE UPCOMING GIANT⁉️

Following the Layer 1 season like other #blockchain, $NEAR also gained extensive attention from various #DEFI users and investors. What element drives the growth of Near?

Let's follow the footprint of @NEARProtocol in the thread below👇 Image
@NEARProtocol 1/ During the bull run, $NEAR joined the party that witnessed the 6x upside while reaching the new ATH. In the meantime, the various on-chain signals recorded peak, and a few major native #dapps decided to launch their tokens like first AMM DEX $REF or NFT marketplace @ParasHQ
@NEARProtocol @ParasHQ 2/ Social media has complemented ETH 2.0 & its sharding technology vision for a long time, but it takes years to apply. However, #NEAR step-up and takes the sharded nature as its core to solve blockchain trilemma, might even further advance than ETH2.0 Image
Read 32 tweets

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