Octo

1. Summary

Ranks

Liquidity

-

Developer

-

Social

19

Momentum (beta)

0

Stack Rank™

-

Price

$0.000434360000 0.0%

Market Cap

$0.00 (#12188)

Supply

/

Tags

Ethereum Ecosystem

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Price
52W High price	$0.009490343300
52W High date	8th May 2023 (2 years ago)
All Time High (ATH) Date	2nd Feb 2025 (3 months ago)
All Time Low (ATL) Date	2nd Feb 2025 (3 months ago)

Supply & Trading Volume
Trading Volume (24h)	$22.00

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Description

OctoLSD is the first LSD LAADP (LSD Liquidity aggregation and distribution protocol) that aims to leverage the potential of LSD. It does this by aggregating LSD assets and distributing them efficiently and accessibly. What sets it apart is its intention to consolidate and reasonably price LSD assets as high-quality and liquidity-concentrated $OcETH...

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OctoLSD is the first LSD LAADP (LSD Liquidity aggregation and distribution protocol) that aims to leverage the potential of LSD. It does this by aggregating LSD assets and distributing them efficiently and accessibly. What sets it apart is its intention to consolidate and reasonably price LSD assets as high-quality and liquidity-concentrated $OcETH. The protocol will integrate these assets with various LSD-related DeFi applications to provide high-quality LSD liquidity. Based on the Ethereum Benchmark Interest Rate and bond theory, the protocol can also extend to various financial scenarios. Its future plans include releasing an interest-bearing stablecoin backed by LSD, launching OctoLSD on Arbitrum and ZKsync, starting a promotion plan for $ocETH to become the underlying asset of a decentralized stablecoin and a $MKR acquisition program. The $Octo is an ERC20 token that captures the value of the OctoLSD protocol.

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