LSDs have kickstarted the liquidity flywheel for its entire ecosystem.

28 Feb 2023, 02:13
LSDs have kickstarted the liquidity flywheel for its entire ecosystem 🎡 We've seen it happen for Pendle, Aura Finance, RocketPool etc. Value gets amplified, cascaded down, up and around... This network effect will only get stronger, faster moving towards Shanghai and beyond. The LSD wars are slowly shaping Web3's landscape. Let's take a deeper look at Aura's role in it and its potential outcomes… 🧵