Why RocketPool has Everyone TRIPPING on LSD (Liquid Staking Derivatives EXPLAINED)
Thanks to the upcoming Ethereum Shanghai update in March, everyone in the crypto verse is high on LSDs. Many foresee that liquid staking will only become even more popular after ETH withdrawal is enabled after the update.
In this video, we'll cover
1. How does liquid staking derivatives (LSD) work?
2. What is Rocketpool?
3. What's the difference between Rocketpool and Lido?
Do you think LSD will be the NEXT crypto trend in 2023?
Links:
CoinGecko: https://www.coingecko.com/
GeckoTerminal: https://www.geckoterminal.com/
Rocketpool: https://rocketpool.net/
Lido: https://lido.fi/
Timestamps:
00:00 Intro
01:36 What is LSD?
02:26 Factors behind LSD's popularity
03:26 LSD protocols
03:47 Facts about Rocketpool
04:10 Lido vs Rocketpool
06:18 Verdict
06:53 Outro
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