What is the project about?

LSDx is an ultra-liquid protocol for all LSD. We aim to optimize the financial value of liquid staking derivatives (LSD) assets, addressing their limited liquidity and lack of diverse financial scenarios that hinder their connection with various DeFi protocols.

What makes your project unique?

LSDx seeks to establish a protocol that caters specifically to LSD assets, enabling them to unlock greater liquidity and a wider range of financial scenarios, while delivering higher underlying returns. By enhancing the value proposition of LSD assets, LSDx is committed to promoting the success of LSD projects and promoting their visibility within the crypto ecosystem.

History of your project.

Project just launched a day ago and the TVL increased dramatically to over 30000 ETH. More to come soon.

What’s next for your project?

ETHx is coming. It is a basket of assets containing various types of Ethereum-based LSD, and it has built-in native LSD fast exchange. ETHx allows users to mint it with ETH, stETH, fraxETH or rETH, providing flexibility and convenience for users. It's designed to achieve the most optimal ratio based on liquidity, safety, interest, and DAO involvement.

What can your token be used for?

Governance purpose and farming opportunities