Thread by @CryptoGideon_

Want to earn life-changing money?

Position yourself in upcoming narratives before masses!

LSDfi is a new hot narrative around LSDs.🤫
You can use LSD tokens in DeFi and the real world:

•Buy dream car
•Join token sales
•Take out loans against them

Find out before others 🧵

$27+ billion in $ETH will be unlocked with Shanghai upgrade.

This will flood the market with LSD tokens.

You have 2 choices, invest in protocols that:

🅰️offers LSDs
🅱️offers DeFi for LSDs

Today, you'll discover why option 🅱️ may bring better rewards.👇

Few gems at the end!💎

1️⃣Current state of DeFi

The top 3 main categories of DeFi are:

• DEXs
• Liquid Staking Derivatives
• Lending

Combined they have $49,17B TVL.🤯
Remember we are in a bear market still.

But, there is a problem...👇

2️⃣Problem

LSD tokens don't have many use cases on DEXs and Lending platforms.

LP is not enough.❌

Also, they don't work in synergy.
You have to go to:

->DEXs for swaps
->LSDs for staking
->Lending for loans

It's time-consuming and confusing.⚠️

Solution?🤔👇

3️⃣ LSDfi

LSD finance is a new narrative that will:

✅Give more utility to LSD tokens
✅Integrate LSDs into existing DeFi
✅Have it all in one place/platform

Still confused?

Here are a few simple examples:⬇️

4️⃣Examples

🔷Use your LSD tokens as collateral

Take out a loan against your yield-bearing tokens

🔷Self-repaying loans

If you use LSDs as collateral, they can repay loan automatically, since they accrue value over time

But, these examples are interesting:👇

5️⃣Examples

🔷Pay for things
Let's say you have 10 $ETH in your wallet.
And you want to buy something in the real world for 30$.

You can lock your LSDs for a few days until yield pays that 30$.

After a few days, you have your LSDs unlocked.
Yield paid that 30$.

6️⃣Examples

🔷Join token presales

You have 10 $ETH.
You want to join presale but want to keep $ETH.

You stake your LSDs for a specific period and in return got presale tokens.⬇️

LSDfi protocols use your LSDs to take a loan, and buy presale.⬇️

Yield is used to pay back loan.✅

7️⃣Examples

🔷Get more yield for staking with less dominant LSDs

This improves:

•Decentralization
•Liquidity for smaller LSDs
•Yield for smaller investors

🔷Secure future yield

Lock the current yield for the future in case you think the yield will fall down with time.

8️⃣Potential

The possibilities and examples are endless.

#LSDfi will build DeFi on top of LSDs and integrate them into existing one.

We are still in the early stages.
With Shanghai around the corner you still have time to DYOR.

Here are a few gems to reap huge rewards:👇

9️⃣ $ZERO - @ZeroLiquid_xyz

Use LSDs for 0% interest, self-repaying loans✅

It's still in development, with a promising roadmap.

Check the details with @CryptoDamus411

https://twitter.com/1461628841584173062/status/1641043533498023936

@ZeroLiquid_xyz @CryptoDamus411 1️⃣0️⃣ $USH - @unsheth_xyz

Improve decentralization and get more APY by staking with less dominant LSDs.

You can currently use:

• $sfrxETH
• $rETH
• $wstETH
• $cbETH

Great breakdown by @CryptoNikyous

https://twitter.com/CryptoNikyous/status/1641351238888624128

@ZeroLiquid_xyz @CryptoDamus411 @unsheth_xyz @CryptoNikyous 1️⃣1️⃣ $ACID - @0xAcidDAO

0xAcid generates real yields by leveraging the following strategies:

• Holding LSD assets
• Lend returns
• DeFi returns
• LP returns
• ETH returns

Stay up to date with @ViktorDefi

https://twitter.com/ViktorDefi/status/1641038584936538112

@ZeroLiquid_xyz @CryptoDamus411 @unsheth_xyz @CryptoNikyous @0xAcidDAO @ViktorDefi 1️⃣2️⃣ $ASX - @asymetrix_eth

"LSD casino"

You can win a big yield even with a small stake.
Tokens are staked into a pool, and rewards are paid out randomly.

@PrudentSammy explained it in a simple thread:

https://twitter.com/PrudentSammy/status/1640752938594304013

@ZeroLiquid_xyz @CryptoDamus411 @unsheth_xyz @CryptoNikyous @0xAcidDAO @ViktorDefi @asymetrix_eth @PrudentSammy 1️⃣3️⃣ $PENDLE - @pendle_fi

These guys are real innovators.

You can buy assets at discount and receive them at the maturity date.

They also tokenized yield.

Giga brain @LouisCooper_ with alpha:

https://twitter.com/LouisCooper_/status/1612743314092232706

@ZeroLiquid_xyz @CryptoDamus411 @unsheth_xyz @CryptoNikyous @0xAcidDAO @ViktorDefi @asymetrix_eth @PrudentSammy @pendle_fi @LouisCooper_ 1️⃣4️⃣ $lsETH @liquid_col

$ETH staking solution for institutions.

Requires KYC but has coverage for slashing.
They have built-in compliance and partnerships with:

• @coinbase
• @BitcoinSuisseAG

They are also planning to cover $DOT ecosystem.
Check litepaper for details:

https://twitter.com/liquid_col/status/1600913334827900928

@ZeroLiquid_xyz @CryptoDamus411 @unsheth_xyz @CryptoNikyous @0xAcidDAO @ViktorDefi @asymetrix_eth @PrudentSammy @pendle_fi @LouisCooper_ @liquid_col @coinbase @BitcoinSuisseAG 1️⃣5️⃣ $dsETH - @indexcoop

The Diversified Staked ETH Index (dsETH) is an index token of the leading Ethereum liquid staking tokens:

•wstETH
•sETH2
•rETH

Holders of $dsETH earn staking yield while incentivizing liquid staking protocols to be more efficient and decentralized.

https://twitter.com/indexcoop/status/1617932168428421121

1️⃣6️⃣ @ether_fi - tokenless

Only liquid staking protocol where stakers keep control of their keys while delegating staking to node operators and earning rewards.

TVL growing steadily.

There are rumors that Arthur Hayes invested in it.

His past investments are $GMX and $LVL 👀

1️⃣7️⃣Warning⚠️

The majority of the protocols are in the early stage and still in development.

Be extremely careful and DYOR.
My goal is to give you early alpha and save you time.⌛

This is not financial advice.

Act responsibly.🙏

Giga chads you need to follow:

@0xFlips
@rektdiomedes
@Henry_VuQuangDu
@DeFi_Made_Here
@LandfSmile
@Hercules_Defi
@crypto_linn
@CryptoKoryo
@CryptoShiro_
@Tanaka_L2
@crypticdegen22
@ourcryptotalk
@ChadCaff
@lemondontfloss
@Crypto_Shaggy
@CryptoYusaku
@crypto_saint

Part 2:

@resdegen
@d_gilz
@BartekLaBartek
@SebastianWols17
@Crypt0_Andrew
@flip_mar
@DigitsCapital
@Cryptovoxam
@Ebubechi_GMI
@c_storry
@trmachine888
@Criptohunter101
@0x366e
@karl_0x
@crypthoem
@yiwuuzz
@matrixthesun
@dLuxGMI
@fitforcrypto_
@thehiddenmaze
@Cryptotrissy

@resdegen @d_gilz @BartekLaBartek @SebastianWols17 @Crypt0_Andrew @flip_mar @DigitsCapital @Cryptovoxam @Ebubechi_GMI @c_storry @trmachine888 @Criptohunter101 @0x366e @karl_0x @crypthoem @yiwuuzz @matrixthesun @dLuxGMI @fitforcrypto_ @thehiddenmaze @Cryptotrissy If you made it this far, you are in the top 1%.💎

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