NBX
  • 👋Welcome to NBX
    • Vision and Value
  • Our Major Products
    • 💡1. Auto-Yield Optimizer
    • 💊2. Cross-chain LSDfi
    • 🛫3. One-stop Airdrop
  • Chains
    • 🟪Introducing zkSync Era
    • 🟨Expanding to BNB
  • Product Guides
    • 📔Overview of Products
    • 1️⃣V1 products
      • 💱Swap and Bridge
      • 📊zk Auto Farm
      • ⚙️"Earn"
        • 🌠Native Farming
        • ↔️Conversion
      • 🗂️Dashboard
    • 2️⃣V2 Product
      • 🗞️LSDFi Swaps
      • 💱LSDFi perps
  • Tokenomics
    • ♒$BYN Token Breakdown
    • 💬$BYN / $NLP Model
    • 🪙$NLP Token
    • 👾Flywheel + Value
    • 🤝Governance
    • 🖥️For Developers
  • Marketing
    • 🌍Links
Powered by GitBook
On this page
  1. Chains

Expanding to BNB

The market we see for LSDfi and more

PreviousIntroducing zkSync EraNextOverview of Products

Last updated 1 year ago

Liquid staking is a sector in the BNB ecosystem with roughly US$150M in TVL.

Similar to ETH, 14% of BNB is staked and we see a lot of similar projects.

  • ANKR

  • STader

  • pStake

These projects are "LSD" projects that provide LSD BNB for people who stake BNB with yield.

As they are rebasing tokens, this reminds of the early LSD days of Ethereum.

And we now see Binance actively exploring this space starting with stablecoins.

We believe that the next LSDfi explosion will come from a very active ecosystem such as Binance Smart Chain.

🟨
Source: Binance Research
Source: Binance Twitter