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Ethereum Liquid Staking Derivative Tokens Explained!
Ethereum Liquid Staking Derivative Tokens are trending with the Ethereum Shanghai Network upgrade expected to take place in March 2023! Ethereum liquid staking derivative providers such as Lido Finance allow users to stake their ETH and receive a liquid derivative token in return that can be exchanged 1 to 1 for regular ETH. These tokens can be used throughout DeFi. The ETH Shanghai Upgrade will allow users to unstake their ETH which is expected to grow the number of total ETH staked much higher than the current 14%. Watch this video to learn what Ethereum Liquid Staking Derivative can do for you and the best tokens to trade to profit from this hot narrative. Enjoy!
Viktor DeFi's Twitter Thread: https://twitter.com/ViktorDefi/status/1612584127341154312?s=20&t=baLVhuHmmDSw3ov0Nb8cYA
DeFi Llama: https://defillama.com/protocols/liquid%20staking/Ethereum
Timestamps
0:00 Intro
0:51 Crypto Market Overview
2:02 Ethereum Liquid Staking Derivatives Explained
4:55 How To Use Ethereum Liquid Staking Derivative Protocols
5:52 Lido Finance LDO Analysis
9:59 Rocket Pool RPL Analysis
13:50 Frax FXS Analysis
15:13 ANKR Analysis
16:44 Benqi QI Analysis
18:14 Stafi FIS Analysis
19:00 Closing Summary
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