Ecosystem Vision Logo
LSDx Finance logo

LSDx Finance

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum luctus felis in nisi tincidunt, vitae facilisis enim tempor.
Category: DeFi

LSDx Finance

LSDx is a decentralized finance (DeFi) ecosystem designed to enhance liquidity and capital efficiency for Liquid Staking Tokens (LSTs). The ecosystem consists of several core components: - **ETHx**: A token that can be minted using various ETH derivatives (ETH, stETH, fraxETH, rETH) to provide minimal slippage exchange and yield for LSD holders. - **LSDx SWAP**: An Automated Market Maker (AMM) featuring a mega pool that facilitates low-slippage exchanges for long-tail LST assets, leveraging Curve's technology. - **LSDx UM**: A decentralized lending protocol that uses ETHx as collateral, allowing users to borrow $UM, an interest-bearing stablecoin pegged to the US dollar. - **Gauge Pool**: A mechanism where holders of esLSD can vote on proposals and gauge weights to direct liquidity towards various LSD assets, enhancing the ecosystem through a tokenomic flywheel.
Explore Organization

Funding Rounds

Funding Round: Strategic
Funding Date: 1 Mar, 2023
Raised Amount: $2M

Investors