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The Web3 Research in Visual | All Posts NFA + DYOR | TG Channel ➡️ https://t.co/NquSvtqawK

Jun 12, 2022, 13 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

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

@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-…

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