1 Leveraged LSD tokens (or LST). • What: Gearbox @GearboxProtocol. • Where: L1 (Ethereum).
01 Aug 2023, 16:23
3.1 Leveraged LSD tokens (or LST)
• What: Gearbox @GearboxProtocol
• Where: L1 (Ethereum)
• How: Use ETH as collateral to borrow more ETH then stake and receive yields on stETH (Lido ETH)
Since it's on L1, you need to pay expensive gas fees to open a position.
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