What Is LSDFi? Overview of LSDFi Protocols and How To Use Them

unshETH Ether is a diversified liquid staked ETH index that earns staking ETH yield and swap fees, all wrapped in a single omnichain ERC-20 token available on ETH, BNB Chain, and Arbitrum.

Within the unshETH ecosystem, users can:
- Mint unshETH by depositing a supported ETH liquid staking token (e.g. wstETH, cbETH, rETH, sfrxETH) on Ethereum
- Redeem a mix of the underlying LSDs proportional to the current deposit ratio for each unshETH
- Swap between LSDs up to their maximum weight as determined by governance
- Earn ETH staking yield + swap, deposit and redemption fees by simply holding unshETH
- Bridge unshETH to BNB Chain or Arbitrum to participate in DeFi

unshETH Ether

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Pepe

Maker

Lido DAO

JasmyCoin

The Sandbox

Render

Artificial Superintelligence Alliance

Axie Infinity

Aave

Ethena

Ondo

Ten Best Coins

HGEN DAO

Electronic USD

BMAX

FractonX

ExchangeCoin

Jinbi Token

Wrapped Astar

BoutsPro

EurocoinToken

RSG TOKEN

GoldeNugget

Silent Notary

Golden Token

0xBitcoin

Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.

Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.

Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.

The Theta team has created a customer-centric business plan for their growing ecosystem of services focused on esports, music, TV, movies, and education. The list of Theta Network partners includes video platforms like Samsung VR, Cinedigm, Shout! Factory, Pandora.tv, Play Labs, and THETA.tv.

Wrapped THETA

QuadrantProtocol

Tachyon Protocol

Graviocoin

LemoChain

Pascal

MultiversX is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services.

EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.

MultiversX was first announced in August 2019, and its mainnet went live in July 2020.