XLSD Coin

1. Summary

Ranks

Liquidity

-

Developer

-

Social

16

Momentum (beta)

0

Stack Rank™

-

Price

$0.007838390000 0.0%

Market Cap

$0.00 (#10716)

Supply

/

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Price
52W High price	$0.009383911500
52W High date	24th Jun 2023 (1 year ago)
All Time High (ATH) Date	18th Oct 2024 (4 months ago)
All Time Low (ATL) Date	18th Oct 2024 (4 months ago)

Supply & Trading Volume
Trading Volume (24h)	$23,246.00

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Description

XLSD Coin

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XLSD Coin

XLSD Coin is a multifaceted platform that serves two primary purposes. It functions as an LSD liquidity distribution platform, enabling the efficient distribution of liquidity to LSD holders. In addition, it operates as an extUSD trading platform, allowing for a broader range of trading scenarios for LSD.

XLSD aims to address the specific needs of LSD holders by providing a platform that unlocks liquidity and explores novel LSD trading opportunities.

History

The concept of LSD has been a significant narrative in the Ethereum ecosystem this year. With the anticipation of the "LSD Summer," more LSD-related protocols are emerging, requiring robust LSD/ETH liquidity. The XLSD Protocol addresses this need by boosting initial liquidity effectively. The core contract was deployed on Arbitrum One on May 25, 2023.

Roadmap

XLSD has several key milestones planned for future development:

• LSD Strategy Vaults: Launching strategy vaults to optimize LSD trading.
• extUSD Trading Ecosystem: Introducing the perpetual and yield exchange components of the extUSD ecosystem.
• LSD Liquidity Distribution Ecosystem: Launching the full-fledged LSD liquidity distribution ecosystem.

Token Usage

The XLSD token can be used for staking to earn governance tokens (esTLSD).

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