0xAcid protocol incorporates the design of bond, real-yield, esToken and lending to elevate LSD yields for $Acid holders.Real-YieldCompare to the ordinary LSD assets (e.g., stETH, cbETH, etc.) with 4% annualized yield, ACID dividend distribution mechanism brings 10%~30% ETH rewards plus additional esACID tokens to holders by locking up $ACID.BondBond is the process by which the 0xACID DAO accumulates liquidity and reserve assets and provides additional value backing to the ACID token. By acquiring more ETH-related assets, protocol can give back more to $ACID holders.EsTokenStaking $ACID will also generate esACID in addition to the income from ETH. esACID can either be exchanged back to $ACID or represent the protocol governance rights. This can significantly reduce selling pressure on $ACID.LendLending mechanism will significantly free up ACID liquidity by allowing $ACID holders to borrow wstETH based on the backing price. At the same time, the interest charged by the lending function will generate profits for the protocol.

IEO Page on BitMart

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IEO will be on BitMart. Details:<ul><li>Start time: 2023-03-10 12:00:00</li><li>End time: 2023-03-11 12:00:00</li><li>Price: 1,009.4 USDT</li><li>Tokens Offered: 4 ACID</li><li>Total Amount: 4 000 USDT</li><li>Chain: ARBI</li></ul>0xACID is a protocol that aims to maximize the return on LSD assets (such as stETH, rETH, frxETH, etc.) and provide a much higher return than ordinary LSD assets (which typically only have 4-5% APR). It will have a significant impact on the entire Ethereum L1 and L2 with the increasing of treasury ETH-related assets. The protocol holds LSD-related assets (equivalent to long-term bullish on ETH) and continuously earns real income from Ethereum nodes.

0xAcid

0xAcid protocol incorporates the design of bond, real-yield, esToken and lending to elevate LSD yields for $Acid holders.

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0xAcid ACID

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