Thread by @_DeFi_eth

🚨 Hidden opportunity to get Huge Profits in 2023 🚨

A major #Ethereum network upgrade is coming in March 2023 - it's Ethereum Shanghai

🧵What exactly needs to be done to get a profit from it, I propose to consider in the thread👇

1/
To start

The easiest option is to buy tokens like:

$ETH
$RPL
$SWISE
$FRAX

2/
Why can LSD tokens bring profit?

Liquid Staking protocols allow to participate in #Staking without having 32 $ETH

Since the main amount of staking goes through Liquid Staking providers, their tokens are expected to skyrocket even more

3/
After the Shanghai Eth update, developers expect that by the end of 2023, 80% of the $ETH supply will be staked. At the moment it is only 14%

#Lido currently provides ~25% of all staked ETH

And from here on in, we'll talk about a more complex option to profit

4/
~25% of all staked $ETH is in #Lido, because of the high emission $LDO token (which is a big incentive provider in #Curve for ETH/stETG LP)

Now emission $LDO is ending and will not be able to support incentive in ETH/stETG LP

5/
There is a high chance that more funds will leave Lido and more money will move into $ETH staking

Where will they go?

❗️To other LSD providers reviewed below 👇

6/
@Rocket_Pool is a decentralized protocol founded back in 2016 and here are the main benefits:

1️⃣ Rocket Pool's $rETH holds peg better than $stETH

2️⃣ Instead of 32 $ETH users can stake with 8 $ETH

7/
@stakewise_io founded in 2018 and has the following advantages:

1⃣ Will sharing part of its profits (earned through commissions) with $SWISE token holders.

2⃣ $SWISE token will be used as an insurance against slashing risk

3⃣ Instead of 32 $ETH users can stake with 4 $ETH

@stakewise_io 8/
@fraxfinance is the largest DAO in terms of CVX token holdings, therefore it can easily regulate emission into Curve pools, which is essential for LSD when you can't unstake ETH