2min chapter

Bankless cover image

ROLLUP: SBF Pleads Not Guilty | Winklevoss vs Barry Silbert | Predicting 2023 | ETH Staking | Inflation 2023

Bankless

CHAPTER

Lido Rocket Pool - What Is LSD and How Does It Work?

LSD is our liquid staking derivatives not the compound made by Albert Hoffman in 1947 About that yeah, let me tell you Albert Hoffman. Yeah two ends on his name okay, so To lead the pack we have Lido rocket pool and swise for out of the LSD sector Lido is up 45% which is a big deal because it's a pretty high market cap It's currently clocking in at 1.3 billion dollars in fully diluted value What would it would a liquid staking derivative yes basically this is like these are eath Yes, like staking service providers basicallyYes, and so the idea is that you can stake your eath with one of these systems LidoRocketPool

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