Use Cases for LST

LSTs are an exotic product. In passing i hear LSTs are a valuable contribution to the DeFI landscape. A tool that is now finding its way on to every chain.

But, I think we have trouble expressing why buying LSTs is better than buying a regular token.

I propose we create a few examples why someone should invest in a LST, and what is the best way to buy?

This is not a full proposal but a starting point for a discussion

2 Likes

You don’t really buy lst. You hold them. Their value is always equal to SOL (+apy)

They are not memecoin.

1 Like

I know this, but different people have different strategies for them. You can deposit them in some protocols and farm yields as well.

And that ser is why I made my suggestion. Lots of knowledge and lots of strategies. That if we told people about many ways to use LSTs, then maybe we would have more people buying

1 Like

A really cool video, or video series, might spark some interest… if we can get it in front of eyes.

3 Likes

I support this, Wonder Land should be about how to earn yield using so many LST under sanctum, and any body can stake to any pool and start earning yield from Wonder Land.

2 Likes

Great tie in. Now lets get some content together.

2 Likes

sure, we can do something together.

1 Like