Welcome back to Hord's educational series. Today, we'll delve into the world of Liquid Staking Tokens.
15 Nov 2023, 15:28
Welcome back to Hord's educational series. 🧑🎓
Today, we'll delve into the world of Liquid Staking Tokens. What are they, and how do they work? Let's break it down. 💧
1/7🧵
Same news in other sources
215 Nov 2023, 15:28
In the exciting world of Liquid Staking, remember to do your research, invest wisely, and consider the risks⚡️
Liquid tokens offer great potential, but volatility, counterparty risks, and regulatory factors should be considered
Read more below 👇
7/7 🧵
In the exciting world of Liquid Staking, remember to do your research, invest wisely, and consider the risks️.
In the exciting world of Liquid Staking, remember to do your research, invest wisely, and consider the risks⚡️
Liquid tokens offer great potential, but volatility, counterparty risks, and regulatory factors should be considered
Read more below 👇
https://t.co/IIgnFLJMkS
7/7 🧵
15 Nov 2023, 15:28
A dual-token model, seen in @stakewise_io 's $sETH2 and $rETH2, and @fraxfinance 's $frxETH and $sfrxETH, involves issuing two tokens. 👯♀️
One maintains a 1:1 ratio with the staked asset, while the other represents earned rewards. 🌱
6/7 🧵
A dual-token model, seen in @stakewise_io 's $sETH2 and $rETH2, and @fraxfinance 's $frxETH and $sfrxETH, involves issuing two t
A dual-token model, seen in @stakewise_io 's $sETH2 and $rETH2, and @fraxfinance 's $frxETH and $sfrxETH, involves issuing two tokens. 👯♀️
One maintains a 1:1 ratio with the staked asset, while the other represents earned rewards. 🌱
6/7 🧵