YieldNest Launches Its First Liquidity Re-pledge Token, ynLSDe
On August 21st, YieldNest, a liquidity re-staking protocol that supports EigenLayer, announced the launch of its first liquidity re-staking token (LRT) token, ynLSDe, which aims to maximize users' ETH staking assets. Users can re-pledge ETH that has been pledged on platforms such as Lido, Frax, Mantle, and Origin. By holding ynLSDe, users will receive future additional rewards, including EigenLayer points, YieldNest seeds, AVS proceeds, and even AVS airdrops.