HIGH ON LSD
Hot and Current Narratives floating on CT;
https://twitter.com/ChadCaff/status/1659563443156836355
https://twitter.com/Dynamo_Patrick/status/1661014490912272385
Taking a closer look at the LSD narrative, it is evident that Liquid staking is growing and is the leading DeFi sector by TVL.
What do you think will happen in a full blown bull market?
With the current interest in staked $ETH in LSDs of nearly 48% of the 18.8M, there are various protocols emerging that would potentially be seeking out more utility and yield.
The following is a list of several low cap gems under the #LSD narrative I am looking at;
$LBR @LybraFinanceLSD
$USH @unsheth_xyz
$AGI @agility_lsd
$FLASH @Flashstake
$ACID @0xAcidDAO
$ZERO @ZeroLiquid_xyz
$SGT @SharedStakeNews
$OGV @OriginDeFi
For now, I will focus on Flashstake;
People;
Product;
Plan;
Financials;
Tokenomics;
Utility;
Conclusion;
Overall, LSD is an interesting innovation, providing LSD holders with broader access to unique yield strategies. Catering to a diverse set of LSD owners, it enhances the attractiveness of holding $ETH as an income-generating asset, therefore enriching the entire Ethereum ecosystem.
Pertaining to $FLASH,
A benefit is that $FLASH gives upfront yield but I question what happens when/if the yield dries up or there are no more new stakers. What is the team’s strategic plan?
RESPECT THA PAMP!!
- Ope