Brief Introduction
Liquid staking protocols provide you the benefits of passive income through staking while still allowing you to retain the liquidity of your assets. Traditionally speaking, your staked funds are locked and cannot be used for anything throughout the duration of that lock up period. Through liquid staking your liquidity is returned to you via what’s called a derivative token, hence the name liquid staking derivatives. This liquidity allows you to continue earning your passive income while providing the flexibility to explore other DeFi opportunities using that derivative token.
Please note:
All information in this page is provided by the project team. Strictly for references only.
Project Highlights
Liquid staking protocols allows you to continue earning your passive income while providing the flexibility to explore other DeFi opportunities using that derivative token. In any case, the $LSD protocol works in a similar manner to an investment management group for liquid staking technology. The protocol acts as the middle man to disperse your funds into liquid staking protocols via automated proprietary smart contracts that analyze and review the best potential yield options available automatically for you.
Token Allocation:
| Type | Percentage | Amount |
| Team Finance Token Lock | 20.85% | 875,600 |
| CEX Airdrop Supplies | 3.11% | 130,778 |
| Utility Protocol | 2.86% | 120,000 |
| Uniswap Circulation | 73.18% | 3,073,560 |
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The MEXC Team
21 March 2023
