LSD

LSD

An ERC 4626, liquid & leverage staking based yield generating vault 📈

The problem LSD solves

New users in DeFi space do not have much experience on various investment strategies that are executed over various different DeFi protocols as well as even if the user learns about a new strategy it becomes difficult for them to keep track of all the numbers, on all different DeFi protocol’s websites. So the problems that this project solves by implementing one of the known DeFi strategies based on liquid and leverage staking are:

One click implementation of the whole LSD strategy
One destination to be updated on the total yield

Challenges I ran into

The main challenge faced building this project was to study all the internally used contracts (Stader, Aave, Balancer) and figure out how to fairly distribute assets to the invester. Fortunately ERC 4626 made a lot of these things easy to figure out and implement as well as scaffold-eth 2 helped building the project fairly quickly too.

Discussion