Liquid Collective is the secure liquid staking standard: a protocol with multi-chain capabilities, built and run by a collective of leading web3 teams. Developed in collaboration with a diverse group of industry leaders, Liquid Collective is designed to meet the need for an enterprise-grade decentralized liquid staking standard that can be widely adopted, increasing liquidity and composability for the web3 economy.
Liquid Staked ETH (LsETH) is the receipt token programmatically generated when users stake ETH through the Liquid Collective protocol. LsETH follows the ERC-20 cToken model, enabling users to control their network reward flow.
Liquid Staked ETH Price Analysis
As of November 24 2024 Liquid Staked ETH has a marketcap of $366M.
This is {{percentagefromath}} from its all time high of $4.26483K.
In terms of its tokenomics, there's a total supply of 103K with 100% currently outstanding.
Keep in mind Liquid Staked ETH has a fully diluted value of $366M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
