LSDfi is on the horizon
Liquid staking tokens simplify staking and unlock the doors to participate in DeFi. Let's take a deep dive into the possible liquid staking use cases.
In the Liquid Staking app, users stake PoS native tokens and receive Liquid Staking Tokens (LST) in return. You can put these LSTs to work in various DeFi apps.
DeFi apps that support liquid staking tokens can be referred to as LSDfi, which stands for Liquid Staking Derivatives Finance. This is currently a hot narrative with numerous possible use cases.
💧Liquidity provision
You can provide liquidity for DEXs using your LSTs. This means earning staking rewards plus fees from pool trades, increasing your returns.
🏦 Collateral
LSTs can also be used as collateral for lending on perpetual exchanges. This means you can earn staking rewards and use leverage for your strategies.
📈 Yield strategies
With LSTs, you can design your own yield strategies. You can distribute LSTs across different pools, use them as collateral, manage staking rewards, and more.
🪙 Stablecoins backed by LST
A decentralized stablecoin can be made using LST instead of a native blockchain token as collateral. This stablecoin generates consistent income through staking.
This is just the tip of the iceberg. Liquid staking takes efficiency to a new level.
#LSDfi #DeFi #bemo #LiquidStaking
Liquid staking tokens simplify staking and unlock the doors to participate in DeFi. Let's take a deep dive into the possible liquid staking use cases.
In the Liquid Staking app, users stake PoS native tokens and receive Liquid Staking Tokens (LST) in return. You can put these LSTs to work in various DeFi apps.
DeFi apps that support liquid staking tokens can be referred to as LSDfi, which stands for Liquid Staking Derivatives Finance. This is currently a hot narrative with numerous possible use cases.
💧Liquidity provision
You can provide liquidity for DEXs using your LSTs. This means earning staking rewards plus fees from pool trades, increasing your returns.
🏦 Collateral
LSTs can also be used as collateral for lending on perpetual exchanges. This means you can earn staking rewards and use leverage for your strategies.
📈 Yield strategies
With LSTs, you can design your own yield strategies. You can distribute LSTs across different pools, use them as collateral, manage staking rewards, and more.
🪙 Stablecoins backed by LST
A decentralized stablecoin can be made using LST instead of a native blockchain token as collateral. This stablecoin generates consistent income through staking.
This is just the tip of the iceberg. Liquid staking takes efficiency to a new level.
#LSDfi #DeFi #bemo #LiquidStaking
🚀 The launch of bemo, TON's liquid staking protocol, has been featured in "The State of TON DeFi Q2 2023" report by FirstStageLabs.
👉 Check out the article to learn more about how we've impacted TON Ecosystem!
#LSDfi #DeFi #bemo #LiquidStaking
👉 Check out the article to learn more about how we've impacted TON Ecosystem!
#LSDfi #DeFi #bemo #LiquidStaking
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Put Web3 services into everyone’s pocket
When TON meets LSDfi
bemo, the pioneering liquid staking platform on the @toncoin, simplifies staking of TON and contributes to the development of the TON ecosystem. Let's dive into the exciting use cases of stTON:
You can use the bemo app to stake your TON and receive stTON in return.
stTON is Liquid Staking Tokens, which you can use in the DeFi space as regular tokens. LSDfi is a term that refers to DeFi applications that support liquid staking tokens. It has gained a lot of attention due to its many potential uses. LSDfi is vital in any DeFi ecosystem, and TON is no exception.
💧 Liquidity Provision
You can now provide liquidity for the stTON / TON pair on @stonfidex. Doing so can earn staking rewards and fees from pool trades, boosting your returns.
More DEXes will soon support stTON.
🏦 Collateral
You could have used stTON as collateral in TON DeFi apps. For instance, stTON could be supported by lending protocols such as @evaaprotocol. It would also be beneficial if the leveraged trading platform Storm trade ton accepted TON as collateral.
📈 Yield strategies
With stTON, you can design your own strategy using different pools and leverage trading. In the future, the TON ecosystem will have DeFi apps that utilize stTON for profitable advanced yield strategies.
🪙 Stablecoins backed by stTON
stTON can be collateral for stablecoins, providing a reliable yield through staking. The @aquaprotocolxyzchannel is currently developing AquaUSD stablecoin using stTON as collateral.
More use cases are coming soon for stTON.
We strongly believe liquid stakes are vital in DeFi on the TON blockchain and will contribute to its development.
#LSDfi #DeFi #bemo #LiquidStaking
bemo, the pioneering liquid staking platform on the @toncoin, simplifies staking of TON and contributes to the development of the TON ecosystem. Let's dive into the exciting use cases of stTON:
You can use the bemo app to stake your TON and receive stTON in return.
stTON is Liquid Staking Tokens, which you can use in the DeFi space as regular tokens. LSDfi is a term that refers to DeFi applications that support liquid staking tokens. It has gained a lot of attention due to its many potential uses. LSDfi is vital in any DeFi ecosystem, and TON is no exception.
💧 Liquidity Provision
You can now provide liquidity for the stTON / TON pair on @stonfidex. Doing so can earn staking rewards and fees from pool trades, boosting your returns.
More DEXes will soon support stTON.
🏦 Collateral
You could have used stTON as collateral in TON DeFi apps. For instance, stTON could be supported by lending protocols such as @evaaprotocol. It would also be beneficial if the leveraged trading platform Storm trade ton accepted TON as collateral.
📈 Yield strategies
With stTON, you can design your own strategy using different pools and leverage trading. In the future, the TON ecosystem will have DeFi apps that utilize stTON for profitable advanced yield strategies.
🪙 Stablecoins backed by stTON
stTON can be collateral for stablecoins, providing a reliable yield through staking. The @aquaprotocolxyzchannel is currently developing AquaUSD stablecoin using stTON as collateral.
More use cases are coming soon for stTON.
We strongly believe liquid stakes are vital in DeFi on the TON blockchain and will contribute to its development.
#LSDfi #DeFi #bemo #LiquidStaking
🚀 Unlimited Growth Potential of TON Liquid Staking!
Liquid staking is the hottest narrative now. And the @toncoin is the rising star of this trend.
Native tokens staked across blockchains:
• Top PoS: 58%
• Ethereum: 22%
• TON: 9%
The TON blockchain has a relatively lower staking ratio compared to others. A lower staking ratio is a positive sign, indicating excellent prospects for $TON token staking. And as the TON ecosystem grows, that figure is only going up.
Share liquid staking:
• 40% on Ethereum
• Less than 1% on TON
TON is just getting started. These dynamics set the stage for potential growth in Liquid Staking and LSDfi within the TON ecosystem. The future looks bright for stTON and the products utilizing it.
TON is at the very beginning of its journey.
#LiquidStaking #LSDfi #bemo
Liquid staking is the hottest narrative now. And the @toncoin is the rising star of this trend.
Native tokens staked across blockchains:
• Top PoS: 58%
• Ethereum: 22%
• TON: 9%
The TON blockchain has a relatively lower staking ratio compared to others. A lower staking ratio is a positive sign, indicating excellent prospects for $TON token staking. And as the TON ecosystem grows, that figure is only going up.
Share liquid staking:
• 40% on Ethereum
• Less than 1% on TON
TON is just getting started. These dynamics set the stage for potential growth in Liquid Staking and LSDfi within the TON ecosystem. The future looks bright for stTON and the products utilizing it.
TON is at the very beginning of its journey.
#LiquidStaking #LSDfi #bemo
Staking is a fundamental product of any PoS blockchain.
What are the current numbers
The number of tokens staked in various blockchains:
🔹 Top PoS networks: 60%
🔹 Ethereum: 28%
🔹 TON: 13%
TON has relatively small numbers, but this positive signal indicates the network's potential. As the ecosystem grows, the number of tokens in staking will increase. Already, positive dynamics can be observed.
The share of tokens in liquid staking relative to all staked tokens:
🔹 33% on Ethereum
🔹 7% on TON
The development dynamics of TON are ready for further expansion of liquid staking and LSDfi. The future for stTON and the products that use it looks confident and impressive.💫
#LiquidStaking #LSDfi #bemo
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