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0xAcid

0xAcid is a protocol designed to maximize returns from LSD assets, such as stETH, rETH, frxETH, etc. It aims to provide returns that significantly exceed the typical 4-5% APR offered by ordinary LSD assets. The 0xAcid protocol incorporates the designs of bonds, real-yields, esTokens, and lending to elevate LSD yields for $Acid holders.
What is 0xAcid?
0xAcid is a community-driven protocol operating on the Arbitrum and Ethereum networks, designed to maximize returns on Liquid Staking Derivatives (LSD) assets. The project aims to provide higher yields than traditional LSD assets by distributing all protocol revenue to ACID token stakers. It emphasizes transparency and community participation, having been established without venture capital involvement to prioritize community benefits.
How Does 0xAcid Work?
0xAcid enhances LSD yields through innovative revenue models, including bonding, real-yield mechanisms, esTokens, and lending. By holding LSD-related assets like stETH, rETH, and frxETH, the protocol generates continuous income from Ethereum nodes. This approach allows ACID token holders to benefit from increased returns compared to standard LSD assets.
What Makes 0xAcid Unique?
Key features of 0xAcid include its community-driven governance, absence of venture capital influence, and a fair launch that prioritizes community benefits. The protocol's focus on maximizing LSD yields and its commitment to transparency and security set it apart from competitors.
Who Are the Founders of 0xAcid?
Specific information about the founders of 0xAcid is not readily available. The project emphasizes community-driven development and governance, suggesting a decentralized approach to its leadership structure.

Latest News

What Key Events Have There Been for 0xAcid?
As of now, there are no significant milestones, partnerships, or announcements publicly available for 0xAcid.
Project Announcements
There are currently no recent updates or milestones publicly announced for 0xAcid.

Upcoming Events

Sin datos

Projects Announcements

Where to Buy 0xAcid?
ACID tokens can be purchased on the Bitget exchange. Users can trade ACID with various cryptocurrencies, including USDT, on this platform.
0xAcid Price
Daily Trading Volume
As of the latest data, the daily trading volume for ACID is $0.00, indicating low liquidity and trading activity.
All-Time High
The all-time high for ACID was $1,695.66, reached on March 18, 2023. The current price is significantly lower, reflecting a substantial decrease from its peak.
All-Time Low
The all-time low for ACID is $0.00, indicating that the token has experienced periods of negligible value.
Market Cap and Valuation
Market Cap
The current market capitalization of ACID is not available due to the lack of trading activity and price data.
Fully Diluted Valuation
The fully diluted valuation of ACID is also not available, as it depends on the total supply and current price, which are not clearly defined.
0xAcid Price Prediction
Due to the lack of trading activity and available data, there are currently no credible price predictions for ACID from reputable sources or experts.

FAQ

What is the Purpose of 0xAcid? jiantou jiantou

How Can I Participate in 0xAcid's Ecosystem? jiantou jiantou

What Sets 0xAcid Apart from Competitors? jiantou jiantou

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.

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