Liquid Staking Derivatives are all the rage in DeFi 🌶️

Since @ethereum's Shanghai upgrade, the potential for LSDs has gone through the roof, with retail and institutional investors alike piling in.

Let's get a handle on what this means for investors and $Spool!

What's LSD? 👀
First: no, it's not that. LSDs are tokenized representations of staked assets. When you stake $ETH in a platform like @LidoFinance, you get tokens as a receipt. These tokens can then be used as liquid assets in DeFi.

With Ethereum's recent move to Proof of Stake, LSDs have entered the spotlight. There are nearly 7.5 million $ETH staked across LSD protocols as of June 2024, with this significant proportion motivated by the rewards offered to LSD assets.

Safe Liquids ☕️
Now that we understand LSDs, let's break down how $Spool takes them to the next level.

Smart Vaults keep your assets safe and enable institutional-grade products that can be spun up in minutes using $Spool's turnkey interface. This includes LSDs.

Investors can use $Spool Vaults to take advantage of strategies that include $ETH, $CRV, and $GMX. This enables easy access to LSDs that otherwise require manual management.

$Spool's risk-managed approach means investors never take on unexpectedly high risk.

The Future of LSDs🔮
As LSDs grow in popularity and sophistication, $Spool is the perfect tool for balancing innovation and novelty.

$Spool's SDK allows for white-label solutions using audited and compliant infrastructure. Build in weeks rather than quarters.

Similar to LSDs, depositors in $Spool receive a Deposit NFT (dNFT) when they deposit into a Smart Vault. These NFTs can be broken into fungible tokens, enabling yield-bearing liquid tokens and restaking opportunities based on your vaults!

With integrated LSD strategies, turnkey Vaults, and white-label capabilities via the SDK, $Spool unlocks a nearly endless list of possibilities for investors.

From straightforward LSD yield farming to custom LSD products, $Spool has your back.

Get Started ⚡️
Roaring to go with LSDs on $Spool? Visit

Excited to build your white-label product in just weeks?

Connect with us at