OctoLSD ($OCTO) is a LSD liquidity aggregation and distribution protocol on Ethereum, which is governed by OctoDAO and aims to unlock the great potential of LSD. By aggregating LSD assets and distributing them to various application scenarios, the LSD LAADP provides a more efficient and accessible way to manage and deploy LSD assets.
We aim to consolidate various LSD assets and use a decentralized mechanism to reasonably price them as high-quality and liquidity-concentrated $OcETH, facilitating the circulation of LSD assets in the future. After aggregating various LSD assets and integrating them into $OcETH, the protocol will open up to various LSD-related DeFi applications, enriching the application scenarios of $OcETH and providing high-quality LSD liquidity for these DeFi applications. In addition, various financial scenarios can be extended based on the Ethereum Benchmark Interest Rate and bond theory.
The $Octo is a transferable ERC20 token, designed to capture the value of the OctoLSD protocol.
