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Pssst! I Wanna Buy Some LSD!

February 1, 2023
by
by
01 Feb 2023 : 00:40
Updated : 15 Feb 2023 : 10:53
6 min read

What’s all the hype about LSD? No, not that LSD. Liquid Staking Derivatives are all the fuss at the moment. In January alone, Lido DAO (LDO) was up 130%+, Rocket Pool (RPL) rose 90%+, and StakeWise (SWISE) advanced by 100%+.

Liquid staking allows users to stake ETH while continuing to use their assets in the form of derivative tokens.

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