𝕋𝕖𝕞𝕞𝕪🦇🔊
𝕋𝕖𝕞𝕞𝕪🦇🔊

@Only1temmy

19 Tweets 2 reads Mar 10, 2023
Are you ready to ride the wave of leveraged liquid staking and maximize your earnings like never before!
Introducing, @SturdyFinance , a lending and borrowing protocol that offers 13% APY on ETH and also a cutting-edge platform that's user friendly and seamless.
A 🧵🧵
In this thread, I will be covering:
•Introduction
•Problem
•Solution
•Partnership with LSD
•Overview of LSDs
•Benefits of partnering with LSDs
•Whitelisted protocol LSDs as stake collateral
•Leveraged LSDs for efficient and sustainable returns
•Conclusion
Sturdy Finance is a stablecoin yield lending and borrowing protocol that aims to provide zero interest payback borrowing rates and sustainable yield profits for lenders
However, yield inefficiency and borrower dependency remain the challenges of all conventional systems
Sturdy Finance creates a fitting solution to these challenges by leveraging stablecoin yields and exploiting the endless opportunities of the liquid staking derivatives market.
What are Liquid Staking Derivatives (LSDs)?
LSDs are tokens that represent a user's stake in a proof-of-stake (PoS) blockchain network. These tokens are tradable, allowing users to access liquidity while still receiving staking rewards.
Staking rewards are paid out to users who lock up their cryptocurrency to support the network. The rewards incentivize users to participate in network security and governance.
Sturdy Finance's Partnership with LSDs:
Sturdy Finance has partnered with reputable liquid staking derivatives such as Balancer, Lido, and Curve to ensure that users make the most from the LSD narrative.
The whitelisted protocol LSDs are deposited to liquidity pools (LPs) as staked collateral. With Sturdy Finance's 10X leverage feature, users can build efficient, sustainable, and highest yield returns.
This means that users can leverage their stake in the PoS network to earn more yield without having to sell their tokens.
Benefits of Sturdy Finance's Partnership with LSDs:
Effortless deposits: Users can easily deposit their whitelisted protocol LSDs to LPs and start earning yield.
True yield generation and sustainability: Users can earn yield without having to sell their tokens, ensuring long-term sustainability of their holdings.
Hedge for investors: Sturdy Finance employs its mechanism to create a hedge for investors with little or no assets liquidation with respect to any event of derivative deppeg
Environmental stability: Sturdy Finance provides a simple one-way click deposit/leverage feature that ensures environmental stability for all protocol users.
In conclusion, Don't miss out on maximizing your staking investments!
Head over to app.sturdy.finance for their newest integration and start earning big.
Their platform is designed with your success in mind, so trust that you're in good hands.
Btw, you can also maximize your ETH returns with 44% APY on Sturdy, thanks to LDO incentives from @LidoFinance. LDO rewards are on top of the interest paid out in-kind to lenders from the borrower's interest-bearing collateral.
Don't miss out on the doubled incentives; start earning now at app.sturdy.finance! Offer Ends on the 31st of March,2023.
Wanna Learn more about Sturdy?
Website: sturdy.finance
Discord: discord.gg
Web app: app.sturdy.finance
Docs: docs.sturdy.finance
Medium: @sturdyfinance" target="_blank" rel="noopener" onclick="event.stopPropagation()">medium.com
Telegram: t.me
I remain @Only1temmy your DeFi friend. Pls don't forget to Like, RT and comment 🙏

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