Let’s talk about liquid staking.
It wasn’t until the Shanghai upgrade (Shapella) in April 2023 that staked ETH on Ethereum could be withdrawn.
To be honest, I hadn’t paid attention to this before either: if you use LSTs for leveraged looping to boost returns, you need to watch out for liquidations caused by LSTs trading at a discount.
$LDO is the governance token of Lido, a liquid staking protocol.
If you’re unfamiliar with something, start with a small position. Try it out with a little first.
#LDO
It wasn’t until the Shanghai upgrade (Shapella) in April 2023 that staked ETH on Ethereum could be withdrawn.
To be honest, I hadn’t paid attention to this before either: if you use LSTs for leveraged looping to boost returns, you need to watch out for liquidations caused by LSTs trading at a discount.
$LDO is the governance token of Lido, a liquid staking protocol.
If you’re unfamiliar with something, start with a small position. Try it out with a little first.
#LDO