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Explore essential criteria for evaluating liquid staking derivative (lsd) projects, including security, liquidity, rewards, and governance Compare 12 defi staking platforms What makes lybra finance unique
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Lybra finance leverages lsd, which allows users to stake their assets and earn a stable income Eusd holders can use their tokens and obtain ~8% apy. The income generated from steth, which represents the staked eth, is converted to eusd and distributed among eusd holders, providing them with a stable source of income.
Openocean launches eth liquid staking aggregator to help simplify complex sourcing and staking processes and maximize returns on lsds.
Liquid staking derivatives (lsds) are an advanced tool in decentralized finance, enabling users to stake cryptocurrencies like ethereum while providing them with a derivative token that maintains the liquidity of their assets These tokens represent the staked assets and can be used in various defi applications, allowing continued participation in the ecosystem without relinquishing access to. This increases their yield, improves asset liquidity and assists with capital efficiency, all while maintaining the value of eusd
