What is Acid
What is the project about?
0xACID is a protocol that aims to maximize the return on LSD assets (such as stETH, rETH, frxETH, etc.) and provide a much higher return than ordinary LSD assets (which typically only have 4-5% APR). It will have a significant impact on the entire Ethereum L1 and L2 with the increasing of treasury ETH-related assets. The protocol holds LSD-related assets (equivalent to long-term bullish on ETH) and continuously earns real income from Ethereum nodes. The protocol values are all denominated in ETH, focusing only on ETH growth, as we firmly believe that ETH will reach above $10,000 in the near future.
What makes your project unique?
Unleash the true power of LSD,Bringing maximum LSD yield profits to 0xAcid holders with our innovative revenue models.
History of your project.
https://docs.0xacid.com/others/team-info
What’s next for your project?
https://docs.0xacid.com/overview/roadmap
What can your token be used for?
stake, earn ETH reward,DAO governance
Acid vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, ACID would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of ACID might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including ACID.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
