The innovative liquidity derivative staking system, known as the LSP ecosystem, has recently unveiled a new airdrop plan. This plan introduces a points system to track user behavior, using the degree of contribution as the basis for the future distribution of LSP tokens. The upcoming airdrop of the LSP protocol is drawing significant attention from the market. Within just a week of the plan’s launch, it has already attracted over 10,000 community users who are actively participating. Don’t miss out on this opportunity to be part of a rapidly growing and innovative ecosystem.
This not only demonstrates the influence of the LSP Protocol but also signifies that the LSP ecosystem is supported by a substantial and active community.
Why is the LSP Airdrop Worth Participating In?
1. Groundbreaking Innovations in PoS Staking, Liquidity, and Multiple Other Fields
LSP is carving out a new position in the fields of Liquidity Staking Derivatives (LSD), Liquidity Reserve Tokens (LRT), and Liquidity as a Service (LaaS).
The LSP Protocol itself is an innovative liquidity derivative staking system. One of its core features is the adoption of the Node Slicing solution, a crucial method for processing nodes during protocol execution. Similar to LSD, holders of Proof of Stake (PoS) assets can directly stake through the LSP Protocol. The LSP Protocol verification network will stake funds into different PoS networks via the OmniVerify Chain network. After verifying and securing the decentralized network, it processes the staking vouchers into slices. These sliced assets will include the user’s asset rights and node income rights. Additionally, these sliced assets can be traded or utilized on trading platforms, LSTFi, and other sections to generate returns.
From the Perspective of its Contribution to the Development of the PoS Ecosystem. The LSP Protocol, built on the independent OmniVerify Chain blockchain stack, offers excellent interoperability and scalability, enabling it to integrate with the entire blockchain ecosystem. This means the LSP Protocol’s node slicing solution can enhance decentralization and scalability across all PoS ecosystems, not just the Ethereum ecosystem like most Liquidity Staking Derivative (LSD) and Liquidity Reserve Token (LRT) protocols.
Thanks to the programmability of the OmniVerify Chain’s underlying layer, the LSP Protocol can develop a series of applications to provide modular PoS services for various PoS users. This extensive capability allows the LSP Protocol to serve all PoS ecosystems, offering a larger ecosystem scale, greater potential, and more development opportunities compared to other projects in the same field.
Additionally, LSP’s node slicing solution is expected to attract more decentralized end-users due to its outstanding flexibility. It can also assist professional node users and large PoS stakers in participating and exiting more flexibly. In theory, all PoS-related users can benefit from the LSP ecosystem, which forms the foundation for its growth and the establishment of a strong, cohesive community.
Overall, the broad strategic vision of the LSP ecosystem is becoming crucial in empowering the LSP token. This narrative is expected to build a solid value foundation for the LSP token, driving its long-term growth and sustainability.
2. A Team with Solid Experience and a Strong Community
The LSP Protocol is supported by a robust technical and operational team. The technical team has extensive experience in developing DeFi products, including DEX, lending, and synthetic assets. Their innovative products have attracted hundreds of millions of dollars in Total Value Locked (TVL), and several technical members, including the CTO, have served as judges at multiple hackathons. The operational team, which includes the CFO, CMO, and CEO, boasts alumni from prestigious institutions like New York University and Columbia University. They have extensive experience in the traditional financial sector, having worked at top-tier institutions in major financial centers such as Wells Fargo, London, Zurich, Tokyo, and Singapore, including mainstream financial institutions like UBS, GIC (sovereign wealth fund), and Deloitte.
Among them, CMO Steven has been deeply involved in the crypto industry since 2017 and has led the growth of several well-known crypto projects from inception to maturity. He has been a key figure in securing financing for these projects and is actively promoting the LSP Protocol to better penetrate the market. CEO Michael has 20 years of rich experience in risk management in the traditional financial services sector and is bringing this experience and resources into the crypto industry, paving the way for the long-term development of the LSP Protocol.
In addition to the strength, prestige, and deep resources of the team members, LSP has captured a large number of active and loyal users through collaborations with ecosystems such as Mantle and Titan. The PoS ecosystems that have established cooperation include Aleo. As the LSP ecosystem continues to grow, the community size of this ecosystem will also continue to expand, providing a foundation for building a large community for the LSP ecosystem.
3. Extremely Low Barrier to Entry with a Clear Airdrop Benefit
Points are often a critical mechanism for LSD/LRT and other sectors to capture users. However, many projects in this space merely outline some point rules to attract participation, without clarifying if these points will be used for future airdrops. Additionally, the high participation thresholds and cumbersome, costly steps required by many LSD/LRT protocols deter user engagement.
The LSP points plan, however, clearly states that it will issue airdrops based on points, which reflect the user’s level of participation. According to the token distribution section, 3%-5% of the total amount of LSP tokens (1 billion total) is allocated for airdrop rewards, equating to 30–50 million LSP tokens. Users with higher points will receive more airdrops.
The LSP points task system is open to all users, featuring an extremely low barrier to entry. Users can earn points through various activities, including registration, placing orders, check-ins, trading, and staking. This allows users to earn income while exploring and using the LSP protocol, receiving direct point rewards. Moreover, the LSP system encourages active participation to foster engagement and prevent malicious activity.
Currently, the LSP points program is in full swing, and you can participate now to seize the first-mover advantage.