{"type": "project", "title": "Llsd", "logoImg": "bafkreifjnykx42fs3fhyuhjzzxc5k5dwj5sc5getjirx532natndictyce", "website": "https://www.llsd.xyz", "bannerImg": "bafkreif73kljjvgogwrews6scgz2ujidghoumlnoll4fw3lcorxvuxaybm", "createdAt": 1681708455478, "credentials": {}, "description": "By implementing BTC and stETH swapping, and introducing an ETH staking pool to absorb post-swap price fluctuations, we have successfully achieved the following three key values:\n1 Risk-free returns for BTC staking: By bringing BTC into the ETH staking ecosystem, users can earn ETH staking rewards by staking BTC\uff1b\n2 Increased ETH staking returns: The stETH obtained from BTC swaps will partly serve as zero-interest leverage for ETH staking, significantly boosting the returns on ETH staking\uff1b\n3 ETH/BTC index product: The ETH staking pool will absorb the price fluctuations resulting from BTC and stETH swapping. When the ETH/BTC price rises, the relative value of this staking pool increases, creating a decentralized long ETH/BTC index product.", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "llsd_Labs"}
Llsd
By implementing BTC and stETH swapping, and introducing an ETH staking pool to absorb post-swap price fluctuations, we have successfully achieved the following three key values:
1 Risk-free returns for BTC staking: By bringing BTC into the ETH staking ecosystem, users can earn ETH staking rewards by staking BTC；
2 Increased ETH staking returns: The stETH obtained from BTC swaps will partly serve as zero-interest leverage for ETH staking, significantly boosting the returns on ETH staking；
3 ETH/BTC index product: The ETH staking pool will absorb the price fluctuations resulting from BTC and stETH swapping. When the ETH/BTC price rises, the relative value of this staking pool increases, creating a decentralized long ETH/BTC index product.
Llsd