lpETH is now live

The DeFi Renaissance is here, and lpETH is leading the charge with a revolutionary unified liquidity platform for any (re)staked ETH. What Curve once did for stablecoins, we are doing for staked ETH. Instantly unstake for a minimal fee. Any of the LSTs/LRTs below can be instantly unstaked at launch, with more following soon after.

Claim your ETH deposits by minting lpETH

This week we are excited to launch lpETH. Liquidity providers will be able to deposit their ETH and mint lpETH, representing your share in the liquidity pool and start earning swap fees and bribes!

Bribes are third-party incentives given by the various supported LST/LRT protocols. More bribes means better liquidity versus competitors and thus lower fees for users instantly unstaking.

[Place holder picture claim screen lpETH]

Our 1st bribe partner: EtherFi

We’re bringing back the Curve wars! ⚔️ Mantle Network, Lido, EtherFi, Stader and Swell Network(soon after launch) can bribe liquidity providers to maximize your returns. We are excited to announce that EtherFi is our 1st bribe partner, paving the way for a new era of capital-efficient liquidity provision.

With these bribes, Ether.fi further displays it is a leader in the staking space and cares deeply about sufficient liquidity for their users. If you're an LST or LRT protocol wanting to get listed, reach out to our team on Discord.

Unlocking Liquidity Incentives with veTokens!

In November 2024 we're taking a first step towards decentralised governance together with Aragon. Users will be able to vote escrow their lpETH tokens, representing their share of the pool, to participate in governance and earn various incentives. The governance system is battle tested and built on Aragon OSx, the Modular DAO Framework.

Dual Governance

Users will be able to lock liquidity pool tokens and/or the to be launched governance token, WAGYU, in voting escrow. To participate in governance a user must hold either veLPETH or veWAGYU. The most voting power is achieved when having both in voting escrow, representing the highest level of participation and conviction in the ecosystem.

Vote Escrowed tokens can not be transferred and have a minimum lockup duration of 1 month. The only way to obtain them is by locking lpETH or WAGYU. Only users with vote escrowed lpETH or WAGYU will be eligible for rewards from bribes and liquidity mining.

veTokens 2.0

Together with Aragon OSx, we'll be utilising a novel veToken model. Instead of choosing a lockup duration that determines initial your voting weight decaying over time, your voting weight automatically increases the longer your tokens are in escrow. A warmup and cooldown mechanism will ensure alignment of all stakeholders with ongoing votes. This embodies the true values of conviction voting and ensures longer term alignment of stakeholders.

It also prevents the heavy burden of choosing a lockup at the beginning. Instead you can just leave your tokens there to accrue voting power, and go through a small cooldown window of a few days if you wish to withdraw.

A Liquidity Solution Designed for the Future

lpETH is not just another liquidity protocol—it’s a breakthrough designed to solve core problems with liquid (re)staking today. LST/LRT liquidity is fragmented and borderline inefficient. Most tokens have very little exit liquidity which sits totally isolated and is incentivised separately.

LpETH combines all of this liquidity and incentives, increasing efficiency exponentially compared to other liquidity pools as more tokens get listed. It's also a single-sided liquidity pool, freeing up the LST/LRT capital needed in other pools to be used in other opportunities like restaking.

In short, lpETH significantly improves on the liquidity landscape for staked ETH by providing:

• Unified Liquidity: By consolidating liquidity for LSTs, lpETH eliminates fragmentation and creates a seamless environment for stakers and liquidity providers alike.
• Capital Efficiency: With single-sided liquidity, capital that would otherwise be locked up can be deployed elsewhere, improving overall liquidity management.
• Bribes & Rewards: Liquidity providers are incentivized with bribes from LST protocols, maximizing their returns and fostering a competitive environment.
  Whether you are a staker looking to unstake instantly, or a liquidity provider aiming to maximize returns, lpETH is the unified solution built for you.

🔗 Learn More and Join the DeFi Renaissance:

Website
Whitepaper
Discord
lpETH Dapp: https://app.lpeth.xyz/