About 0xACID PROTOCOL : 0xACID is a protocol designed to maximize the returns from LSD assets, including stETH, rETH, frxETH, etc. It aims to provide returns that significantly exceed the typical 4-5% APR offered by ordinary LSD assets.
How does 0xACID provide higher returns than ordinary LSD assets?
All community members who hold ACID and lock it up will continuously receive ETH real returns, and each person indirectly becomes an Ethereum miner. Based on the fundraising price of ACID, the above return strategy already reaches over 10% ETH returns . According to the protocol mechanism, only staking but not locking up ACID will only receive esACID outputs, while only staking and locking up ACID will receive ETH returns. Assuming only 50% of people lock up ACID, then the overall 10% ETH return of the Treasury will only be distributed to 50% of people, which increases the ETH return to an average of 20% .
In the 0xACID protocol, both short-term investors and long-term investors can get what they want.
What makes 0xACID different from most mining and selling protocols?
In the long run, as the accumulated ETH in the treasury increases, 0xACID will become an important node operator for the entire Ethereum L1 and L2, having a significant impact on Ethereum L1 and L2, and ACID may also receive bribes . In addition to providing real value, the 0xACID protocol also reduces ACID selling pressure and increases ACID purchasing demand through the esACID mechanism.
