#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
4/ #LiquidStaking benefits both the networks and the stakers
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
5/ #LSD #tokens are designed as a receipt to redeem, therefore its fair #valuation in the secondary #market might differ from its staked #assets
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
6/ #LiquidStaking also has its own risk, cartelization or #centralization become one of main concern due to its inevitability
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
7/ #LiquidStaking in #Ethereum is a bit different due to the networks still running on #PoW instead of #PoS.
#DeFi #Crypto #Cryptocurrency #Bitcoin #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
8/ #Summary of #Eli5 #LiquidStaking #visualguide
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
9/ List of #LiquidStaking Platform by @DefiLlama
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
defillama.com/protocols/Liqu…
@DefiLlama 10/ #LiquidStaking analytics of ETH2 from @eliasimos
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
dune.com/eliasimos/Eth2…
@DefiLlama @eliasimos 11/ If you love our #visualguide please do check our other #visualguide curated threads below, please follow and share
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading
typefully.com/eli5_defi typefully.com/eli5_defi
@DefiLlama @eliasimos 12/ You can also check our #Notion public page for #DeFi Wiki and resources. The page will be regularly updated by our team @minnymousegirl and @0xblock_head
eli5defi.notion.site/Eli5DeFi-Wiki-…
@DefiLlama @eliasimos @minnymousegirl @0xBlock_Head 13/ Tagged for visibilities, Thanks!
@ChainLinkGod @Tetranode @cobie @SmallCapScience @knowerofmarkets @rektdiomedes @0xHamz @AviFelman @thedefiedge @Route2FI @DeFi_Made_Here @Darrenlautf @DeFifrog1 @dcfgod @VirtualKenji @alpha_pls @The_ReadingApe @Riley_gmi @shivsakhuja
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