Liquid Staking Dollar Coin
Maximise the return on your staked assets by minting a stablecoin governed by and built for leading proof of stake blockchains
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Fully Decentralized - Diversified Governance - Maximize Liquidity
Eternal Store of Value
LSDC is the only stablecoin in the industry that can provide a naturally permanent store of value that is censorship resistant and is reinforced with security built ontop of Tenet’s native Diversified Proof of Stake technology.
As Liquid Staking Derivatives gain in popularity, an increasing amount of layer 1 tokens will be locked up in LSDs.
This paves the way for Lucidity to capture a $10B+ idle LSD market through an innovative stablecoin protocol.
The purest stablecoin of all
LSDC Overview Extract Maximum Liquidity from Idle LSDs
As Liquid Staking Derivatives gain in popularity, an increasing amount of layer 1 tokens will be locked up in LSDs.
This paves the way for Lucidity to capture a $10B+ idle LSD market through an innovative stablecoin protocol.
Stake
Users stake their LSDs to Tenet network validators in order to secure the Tenet network and participate in ecosystem-wide voting. In return, users receive a LSD of their staked assets that is visible on the Tenet network.
Mint
Users can borrow LSDC with 0% interest against their staked assets. They can continue to earn yield on the underlying assets whilst unlocking additional liquidity and utility with LSDC.Deploy your LSDC across the traditional DeFi ecosystem; in the stability module, providing liquidity to LSDC pairs, and more.
Earn
Users can stake their LSDC into the stability module to earn additional yield in the form of liquidations within the Lucidity system and Tenet token rewards from the native rewards pool.
Omnichain Governance
Built for the ecosystem, by the ecosystem.
LSDC utilizes Tenet’s novel technology to allow LSDC to be the industry’s first stablecoin governed by a diversified validator network under the Diversified Proof Of Stake model.
Reinforced Security
Upgrades must be approved by the validator network, ensuring that such decisions are governed by participants across the entire defi ecosystem as opposed to the holders of a single governance token.
Continuously Evolving
LSDC will not stagnate like other stablecoin protocols which removed the governance layer altogether.
Incentive Flywheel
Native gauge rewards from the Tenet network will incentivize the stability module, ensuring LSDC maintains its peg.
