Quickly review 5 LSDFi projects worth paying attention to recently: Swell, unshETH, Pendle, Gravita Protocol, and Blockingrallax Finance.

Check out these 5 compelling LSDFi projects: Swell, unshETH, Pendle, Gravita Protocol, and Blockingrallax Finance.

Recently, the liquidity collateral track has started to rebound, and both old blue chips and new DeFi projects have begun to develop related businesses in the direction of LSD. Crypto Wesearch co-founder alvin617.eth has written an article outlining 5 LSDFi projects worth paying attention to.

1) Swell: Recently launched Swell Voyage, stake Ethereum and convert it to swETH to accumulate Pearls. In addition, Swell welcomes other DeFi protocols and NFT supporters to use it, with a Pearl bonus; 2) unshETH: Currently, locking and staking ETH can earn up to 50% APY, and rewards in USD can be locked for vdUSH with 83% APR. It also supports assets such as sfrxETH, rETH, and wstETH;

3) Pendle: Currently, tokens can be locked to boost staking rewards, and token rewards can be voted on, similar to Curve, to increase holders’ income and attract more teams to join the ecosystem; 4) Gravita Protocol: LSDFi version of Liquity, CDP type of DeFi, after staking ETH for derivatives such as rETH and wstETH on other platforms, can borrow the stablecoin GRAI through the Graivta lending system;

• Is it worth buying The Llamas, an NFT project in the Curve ecosystem?
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• How does Hourglass tokenize “opportunity cost” when time is money?

5) Blockingrallax Finance: A cross-chain LSDFi yield aggregator that allows simple deposits of stablecoins to receive a basket of LSD protocol income, powered by the PLX token.

Reference: https://twitter.com/Alvin0617/status/1662457280338726914

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