What exactly is the LSD stablecoin protocol invested by many leading web3 capital investments, crv’s own son, convex’s godson, OKX VC and many other big names? You can read the following article. I wrote it in June, 3 months have passed!
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Binance Ame - What is the future explosion point of crypto?
The amount of pledges on the ETH chain provided by #DefiLlama shows that the LSD track is currently very popular and the current deadline is 6.1. In the first 30 days, most of the LSD TOP:10 protocols have received large capital injections
DEFILIama---2023/6/1
Currently, lido occupies the largest share, accounting for 73.72%.
Followed by coinbase, Rocket, Frax...
The LSDfi contract balance in the native token is as follows:
Why is this the case? A brief explanation is as follows:
NO.1-LidoFinance:
stETH - Pioneer, deep liquidity, highest utility
NO.2-coinbase:
cbETH - great user experience, easy to start, centralized
DEFILIama---2023/6/1
Currently, lido occupies the largest share, accounting for 73.72%.
Followed by coinbase, Rocket, Frax...
The LSDfi contract balance in the native token is as follows:
Why is this the case? A brief explanation is as follows:
NO.1-LidoFinance:
stETH - Pioneer, deep liquidity, highest utility
NO.2-coinbase:
cbETH - great user experience, easy to start, centralized
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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