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The Driving Force of DeFi’s Growth and the Future of LST Finance

Altszn.com by Altszn.com
November 29, 2023
in Blockchain, Crypto, DeFi, Web3
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The Driving Force of DeFi’s Growth and the Future of LST Finance
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Decentralized applications (dApps), such as Lybra, Prisma, Sommelier, Enzyme, that use these types of tokens are part of the LSTfi (LST finance) category of finance (allowing users to stake their LSTs in a form of collateral, or for other DeFi use cases). In other words, LSTfi is the use of LSTs in DeFi. LST finance (LSTfi) exploded after Ethereum’s Shanghai upgrade on April 12 2023, which enabled staked ETH withdrawals.



Read More: www.coindesk.com

Tags: DeFiDeFisdrivingfinanceforcefutureGrowthLST
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    • bitcoinBitcoin (BTC) $ 103,941.00
    • ethereumEthereum (ETH) $ 2,692.25
    • xrpXRP (XRP) $ 2.57
    • tetherTether (USDT) $ 1.00
    • bnbBNB (BNB) $ 662.61
    • solanaSolana (SOL) $ 182.28
    • usd-coinUSDC (USDC) $ 1.00
    • dogecoinDogecoin (DOGE) $ 0.238748
    • cardanoCardano (ADA) $ 0.824955
    • tronTRON (TRX) $ 0.270135
    • staked-etherLido Staked Ether (STETH) $ 2,695.62
    • suiSui (SUI) $ 4.03
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,930.00
    • chainlinkChainlink (LINK) $ 17.36
    • wrapped-stethWrapped stETH (WSTETH) $ 3,238.23
    • avalanche-2Avalanche (AVAX) $ 25.83
    • stellarStellar (XLM) $ 0.313178
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    • the-open-networkToncoin (TON) $ 3.41
    • bitcoin-cashBitcoin Cash (BCH) $ 411.00
    • leo-tokenLEO Token (LEO) $ 8.71
    • polkadotPolkadot (DOT) $ 5.22
    • litecoinLitecoin (LTC) $ 103.18
    • wethWETH (WETH) $ 2,699.11
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    • moneroMonero (XMR) $ 344.59
    • wrapped-eethWrapped eETH (WEETH) $ 2,879.83
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    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,988.00
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