Liquid Staking Derivative Summer (LYBRA FINANCE)
Liquid Staking Derivatives also known as LSD's are a nascent sector in crypto that are set to grow considerably in time. They offer stakers access to their funds to utilize across Defi and create strategies with.
LSD-fi is a new term that builds ontop of the building blocks created by the likes of Lido Finance and other Eth Staking Poducts.
Let's have a look at Lybra Finance who have created a rebasing dollar stablecoin that bears the interest of the underlying staked ETH.
*Not financial advice, this is for education only and I am showing what I have personally invested in.
https://lybra.finance/
https://dune.com/defimochi/lybra-finance
00:00 Intro
0:10 New Coin & BTC update
1:07 LSD-fi Explainer
2:26 Lybra Finance
5:05 eUSD How to ?
6:28 Explainer eUSD & LBR
8:18 Recent Updates
8:51 Layer Zero Hint
9:23 Dune Dashboard by Defi Mochi
9:52 Price Action