Discover and read the best of Twitter Threads about #wsteth
Most recents (2)
The rise of #wstETH: The unstoppable force driving DeFi profits on Arbitrum's decentralized platform.
Ready to Take your DeFi game to the NEXT LEVEL?
(Open this thread)
@LidoFinance, @traderjoe_xyz & #LidoArbitrumAdventure
🧵/23 ⏬⏬
Ready to Take your DeFi game to the NEXT LEVEL?
(Open this thread)
@LidoFinance, @traderjoe_xyz & #LidoArbitrumAdventure
🧵/23 ⏬⏬
In this Thread, we will Cover:
A•What is wstETH?
B• Why wsETH? What makes it Special?
C• Why Lido Finance?
D•What are the Use Cases of wstETH?
E• What Use Cases do I suggest for wstETH?
F•My Advice to you.
2/23
A•What is wstETH?
B• Why wsETH? What makes it Special?
C• Why Lido Finance?
D•What are the Use Cases of wstETH?
E• What Use Cases do I suggest for wstETH?
F•My Advice to you.
2/23
A) What is wstETH?
(I hope to explain as I would to an eight year old.)
Before we go to "wstETH", we should consider "stETH"
➡️ stETH means "staked Ether" and is a token that represents Ether (ETH) that has been deposited into the Ethereum 2.0 staking contract.
Easy.
3/23
(I hope to explain as I would to an eight year old.)
Before we go to "wstETH", we should consider "stETH"
➡️ stETH means "staked Ether" and is a token that represents Ether (ETH) that has been deposited into the Ethereum 2.0 staking contract.
Easy.
3/23
🚀 Introducing the revolutionary Zodiac Roles Modifier! 🚀
This tool is set to create a breakthrough in the way that DAOs can have their treasuries externally managed following a trustless, non-custodial approach.
Read on 👀 to learn the details and understand its potential.
This tool is set to create a breakthrough in the way that DAOs can have their treasuries externally managed following a trustless, non-custodial approach.
Read on 👀 to learn the details and understand its potential.
Before we delve into the specifics of the Roles Modifier, let's take a look at an example to understand the context and need for this tool.
Suppose ExampleDAO currently holds its entire treasury on a @safe multisig wallet that is not currently deploying any DeFi strategy to generate yield.
Members of ExampleDAO are interested in tapping into this opportunity but are not specialists in treasury management.
Members of ExampleDAO are interested in tapping into this opportunity but are not specialists in treasury management.
