LSDx Finance
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LSDx Finance Token Destruction: A New Era in Cryptocurrency?
According to reports, the full LSD super liquidity agreement LSDx Finance announced the voting results on the token destruction proposal, and the option to destroy 500 million rema
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The Token Destruction Proposal by LSDx Finance: Protecting Current Token Holders and Ensuring Future Growth
On April 17th, it was announced that the token destruction proposal released by LSDx Finance, a full LSD ultra liquidity agreement, has been opened for voting. The proposal propose
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LSDx Finance Addresses Community Red Flags with Transparency Measures
According to reports, the All LSD Super Liquidity Agreement LSDx Finance tweeted a response to clarify the community’s red flag query, announcing the address of the fund pool, indicating that changes will be made to increase transparency and optimize management, including destroying foundry and administrator permissions in the proxy, and adopting multi-signature management for future treasury addresses. LSDx Finance: The team did not sell coins, and will adopt multi-signature management for future treasury addresses Analysis based on this information:LSDx Finance, an All LSD Super Liquidity Agreement, has recently come under fire from its community due to concerns about transparency and management of the fund pool. In response to these criticisms, LSDx Finance took to Twitter to release a message clarifying its actions and plans for the future. The message announced that the address of the fund pool will be made public in order to increase transparency and address any concerns of the community. LSDx Finance also revealed that changes will…
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LSDx Finance’s TVL Goes Over $100 Million in 48 hours
On March 18th, it was reported that the total lockup value (TVL) of the LSD super liquidity agreement LSDx Finance has increased by over 55000 ETHs (approximately $100 million) in the past 48 hours, currently reaching 61954.507 ETHs. Data: LSDx Finance has increased TVL by over 55000 ETHs in the past 48 hours Analysis based on this information:The world of cryptocurrency is one that never ceases to make headlines. The latest news is on LSDx Finance, a super liquidity agreement whose TVL has seen an increase by over 55000 ETHs in just 48 hours. As of March 18th, the current TVL is now 61954.507 ETH, equivalent to $100 million. LSDx Finance, also known as Liquidity for Stablecoins and Derivatives, is a decentralized financial protocol that allows users to trade on-chain synthetic assets while offering high liquidity through the issuance of stablecoins. It is built on the Binance Smart Chain and aims to provide users with fast and secure transactions at…
