Recent thought of #LSD #LSDSummer Innovative project @agility_lsd 1/n) LD allows users to stake tokens on PoS blockchains while maintaining their liquidity. This is achieved by issuing a synthetic representation of staked asset, which can be traded or used in DeFi protocols

2/n) Liquid Staking Derivatives are financial instruments derived from the underlying staked assets in LD systems. They enable users to hedge risks, speculate on staking rewards, and engage in more advanced investment strategies, contributing to the growth of the DeFi ecosystem.11129

3/n) By depositing ETH or LSD assets into Agility, you can receive aETH or aLSD, eg: Depositing ETH on the platform to receive aETH Depositing stETH on the platform to receive astETH Etc.. Holding aETH or aLSD allows you to earn native returns on deposited assets (e.g., astETH

4/n) earns same return as stETH), over-collateralize to mint the stablecoin aUSD, or deposit into strategy pools to earn higher returns include: Earning native returns on deposited assets Earning 30% of strategy returns Receiving esAGI token rewards provided by strategy pools

5/n) By staking AGI, you receive esAGI at 1:1 ratio, which has voting right to determine the reward allocation weights for each strategy pool. Electors can receive bribes provided by strategy pool stakeholder and 70% of the pool's returns (auto-bribe). Convert esAGI back to AGI,

6/n) a vesting period is required - either 3 days or 14 days. The conversion rate is 1:0.5 for 3 days and 1:1 for 14 days. aUSD stablecoin use case: Protocol will enhance aUSD use cases by building its own contract-based DEX, yield leverage DEX, spot &options DEX, and casino app

7/n) Token Info: Supply 1 billion Liquidity incentives: 88.5%, linearly over 3 years Treasury: 10%, locked for 1 year, linearly over 2 years Marketing (CEX liquidity and market makers): 1%

8/n) Initial allocation: 0.5%, 5 million AGI, with 3 million for public sale, 1.5 million for liquidity, and 0.5 million for ambassadors and partners. 3% Slippage go to treasury fund Worth mentioning, team has NO allocations. They participate in liquidity incentives with users.

9/n) The public sale will take place on April 7th at 9 pm. With an initial public offering price of $0.04, the initial circulating market cap will be $200,000, and the fully diluted valuation (FDV) will be $40 million. Community and amb share $20,000 token quota.

OFFICIAL INFO Twitter @AgilityLSD AgilityLSD 101 to help understand medium.com/@AgilityLSD/lsdfi-agility-lsd-101-44ebfb6ca0f7… $AGI Contract etherscan.io/token/0x5F18ea482ad5cc6BC65803817C99f477043DcE85…Official Website agilitylsd.com Docs docs.agilitylsd.com