0xAcid is a community-driven LSD profit maximizing protocol that operates on both the Arbitrum and Ethereum networks, with all of the protocol's revenue distributed to $ACID stakers. The protocol has been established without VC involvement or monopolies, and boasts a fair launch that prioritizes the community's maximum benefit.
0xACID is a protocol that aims to maximize the return on LSD assets (such as stETH, rETH, frxETH, etc.) and provide a much higher return than ordinary LSD assets (which typically only have 4-5% APR). It will have a significant impact on the entire Ethereum L1 and L2 with the increasing of treasury ETH-related assets. The protocol holds LSD-related assets (equivalent to long-term bullish on ETH) and continuously earns real income from Ethereum nodes. The protocol values are all denominated in ETH, focusing only on ETH growth, as we firmly believe that ETH will reach above $10,000 in the near future.
