This article sorts out 10 LSDFi potential projects with low market capitalization

Original author:Nikyous,Crypto KOL

Original Compilation: Felix, PANews

Original author:Crypto KOL

1.Lybra Finance

The LSD and LSD-Fi narratives are back on fire. But if you only focus on top tokens like LDO, RPL, FXS, etc., it may be difficult to earn high returns. Therefore, smart investors always seek undervalued projects. This article introduces 10 potential LSD-Fi projects.

Features:

• (PANews note, this article is intended to provide market information, not investment and usage advice)

• Lybra mints the interest-earning stablecoin eUSD by mortgaging the interest-earning asset stETH, and captures the income of the Ethereum pledge through the stablecoin eUSD.

• Features:

• Backed by LSD

1: 1 hook up

Minting/borrowing fees are 0

Base Yield of about 8%

2.Zero Liquid

Market cap: $4.3 million

Features:

• ~144k stETH deposits

• Zero Liquid (tokenized as ZERO) automatically repays debt using the proceeds generated by users depositing collateral.

Features:

• zero interest

• No liquidation risk

• Key points of the mechanism:

3.unshETH

loan against it

Loans are repaid when LSD tokens generate yield

4.0x Acid

One goal of unshETH (tokenized as USH) is to decentralize through incentives. simply put:

• stETH

• rETH

• frxETH

unshETH provides higher yields for smaller validators. Stakers get higher yields, and ETH is more decentralized. Think of it as a yield aggregator that prioritizes decentralization.

5.Flashstake

Inventory of 10 LSD-fi projects with low market capitalization

0x Acid (the token is ACID) is designed to optimize the yield of LSD, such as:

• stETH

• sUSD

• GLP

• 0x Acid offers a higher rate of return than traditional LSD assets, which usually only have an annual interest rate of 4-5%. ACID holds LSD assets and earns income from ETH nodes.

6.Agility

Flashstake (tokenized as FLASH) earns immediate upfront benefits. It usually takes 1 year to get 4-5% of ETH pledge income. However, FLASH can lock the position through the principal, and can obtain income immediately and in advance.

• Currently supported:

• rETH (coming soon)

Agility (token AGI) is:

7.LSDx Finance

aUSD trading platform

• LSD Liquidity Distribution Platform

• The Agility Protocol aims to help LSD projects increase initial liquidity: LSD/ETH. There are different strategy vaults for different income strategies.

LSDx Finance (token is LSD) currently offers two products:

8.SharedStake

ETHx: A basket of LSDs that can be switched quickly

UM: A Sovereign Bond-Backed Stablecoin Based on ETH Staking Returns

• LSDx Finance is a hyperliquid protocol for all LSDs.

• SharedStake (tokenized as SGT) is a decentralized staking solution that allows users to stake ETH and earn additional income on top of their staking rewards.

9.Parallax Finance

They are the first LSD to offer boosted APR if holding their NFT.

TVL: $29 million

• Market cap: $2 million

• Parallax Finance (token PLX) is a liquidity layer infrastructure that powers DeFi, DAOs, and protocols.

• There are 4 main components:

• Orbital: Yield Optimizer (Orbital optimizes the yield generation process by pooling all deposited assets and co-investing in their respective LPs. LP participants earn higher fees compared to individual staking.)

10.Origin DeFi

Supernova: Powers LSDfi (an LSD strategy consisting of multiple strategies in a vault. Think of it as an index approach to a basket of strategies, each with a customizable portfolio allocation percentage.)

• LDO

• FRAX

• RPL

• CRV

• CVX