Liquid staking protocols offer the benefits of passive income through staking while maintaining the liquidity of your assets. Typically, staked funds are locked and inaccessible during the lock-up period. However, with liquid staking, your liquidity is restored through derivative tokens, known as liquid staking derivatives. This allows you to earn passive income while having the flexibility to explore other DeFi opportunities using these tokens. The $LSD protocol acts as an investment management group for liquid staking technology, automatically dispersing funds into liquid staking protocols using smart contracts to optimize yield options.

Our main focus is to preserve the decentralization of the ETH network while building on existing liquid staking protocols. As staking ratios increase post Shanghai, users will seek different protocols and platforms for staking. It is crucial to prevent any single protocol or platform from controlling the majority of the ETH supply, as this would undermine network decentralization.

$LSD provides stable passive income while ensuring liquidity, but our ultimate goal is to enhance blockchain security and protect against centralization risks. Our mission goes beyond innovating and promoting liquid staking adoption. We urge you to explore the rest of this document, but at the very least, remember this key point:

The rise of DeFi and passive income opportunities has led to the imminent surge in liquid staking on the ETH network. Platforms that manage, implement, and innovate on these services will experience significant growth in 2023 and beyond, reducing the likelihood of a single entity dominating the network.