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gETH: GND Protocol’s Approach to LSDFi
The Shanghai — Capella Upgrade (Commonly known as Shapella) has paved the way for a groundbreaking development in the world of decentralized finance and Liquid Staking Derivatives. With such great potential to LSDfi Tokens, we are introducing gETH and sgETH, collectively known as staked gETH, a transformative solution set to redefine real yield in the LSDfi ecosystem.
In this article, we will explore the concept behind gETH, its minting and redeeming processes, the innovative LSD Automated Market Maker (AMM), gETH’s utility, and the carefully designed revenue model supporting the GND Protocol’s very own liquid staking — gETH — model.