LSD / ART
Liqid Staking Dirivative
We are creating an LSD (Liquid Staking Derivative) tool, which allows the buyer to purchase ART tokens with ETH and become a staker. In exchange, they receive ART tokens, which they can manage and trade freely on the uni.decentral-art market. This allows investors to earn both on their ETH deposit in staking and on trading works of art.
A simple and effective tool
The uni.decentral-art.com platform will offer a simple but effective LSD tool, allowing users to benefit from ETH staking while also investing in works of art using ART tokens and earning from them. Although advanced tools are available on platforms such as Rocket Pool, Lido, Ankr Staking, and others, our platform focuses on simplicity and efficiency.
The main goal in creating the LSD tool is to enable easy exchange of ETH to ART, giving ART token holders the ability to use the benefits of Proof of Stake (POS) to achieve additional gains. We are not creating additional tools and complicated solutions for LSD because the ART token is intended for earning on the art market, and LSD is an important addition, as it gives ART token owners the confidence that they will always be able to return to ETH, while their ETH works for them while they hold ART.
How it’s working
The operation of our LSD (Liquid Staking Derivative) tool is as follows: after purchasing any amount of ART tokens for ETH, the ETH is deposited into a pool, which must have a minimum of 32 ETH to activate staking for validator software.
The buyer receives ART tokens, while the pool is created from the deposits of many buyers of ART tokens, and starts earning a percentage from staking once it reaches 32 ETH.
What do we earn-uni.decentralArt
Our company charges a commission for transactions and for using our services in the following way:
- A 3.5% ETH commission on the purchase amount of ART in ETH is deposited into the company’s treasury.
- A 1.75% ETH commission on the withdrawal amount is taken from the staking reward.
We do not use ETH from the sale of ART tokens as we please because the contract does not allow us to do so. We sustain and develop the platform from a 5.25% LSD commission and a 5% commission from trading in the art market.
This allows us to provide our customers with access to ART tokens through the LSD Liquid Staking Derivative tool and manage their ETH deposit and ART tokens safely and effectively.
Commissions in ART
As part of our services related to the LSD Liquid Staking Derivative tool, the company only charges a commission in certain specified cases, namely:
- The company does not charge a 3.2% ART commission in the event of early pool liquidation by the staker, earlier than what was specified at the time of creation.
However, in the case of ART deposit and ETH withdrawal from staking according to the schedule, we do not charge a commission, which allows our customers to freely use our services. This way, we strive to provide the greatest flexibility and benefits for our customers.
What is this instrument?
ART Ether is an innovative derivative tool created for use in the Ethereum staking process, which is called LSD Liquid Staking Derivative. It is designed to leverage the ART Finance ecosystem and enable the maximization of profits from holding ETH, as well as simplifying and securing the staking process to ensure a safe and convenient way to earn interest in DeFi. With this tool, ART Ether customers can enjoy the benefits of owning ART while also earning additional profits from staking.
ART ETH SELLER (artETH-seller) is a tool that enables the exchange of ETH for ART within the staking ecosystem. Acting as an intermediary by creating a pool, it injects ETH into the ecosystem, enables the activation of new validator nodes once the required threshold of 32 ETH in the pool is reached, and then provides the staker with an equivalent value of ART and ETH in proportions corresponding to the amount of ETH sent by them. This allows stakers to benefit from the staking ecosystem and the profits that come with it, while ensuring a high level of security and transparency in the exchange process.
Betting on SOLO staking
Staking ETH in solo mode requires not only specialized technical knowledge, but also an initial investment associated with purchasing a minimum of 32 ETH and configuring a validator node.
However, thanks to liquid derivative instruments like ART ETH, the process of staking ETH becomes much easier, abstracting from the need to launch validators. This allows for earning on any amount of ETH, as well as enables withdrawals at any time and in any amount, giving much greater flexibility in the DeFi field.
Decision to share the profit
The decision to give away ETH to the community that buys ART tokens is beneficial for us, not necessarily in the short term when we need funds for development, but definitely in the long term, both financially and in terms of reputation.
Even though, after selling all ART tokens (2.5 billion), with 199,000 ETH in the treasury, we could stake ETH and earn profits independently, we decided from the very beginning to share them with our users on an ongoing basis. In the second quarter of 2023, we will fork the system by permanently adding the LSD Liquid Staking Derivative tool to the contract.
We are aware of the impact that credibility in the community has on the success of our platform, which is why we want to avoid being perceived as selfish and taking everything for ourselves. We want to build a strong community together with our users in order to gain a strong market position, which will provide uni.decentral-art with stable foundations and long-term steady growth.
Current sale ART
The ART buying tool currently offers three tangible benefits to buyers in the uni.decentral-art.com/pre-sale Stage I. The first is the lowest price of 1 ART for 0.00001 ETH. The second is a 10% Airdrop based on the purchase amount of ART. The third is the future benefit for wallets participating in Stage I of 0% commission for transferring ETH to the pool and withdrawing profits, which will add up to 7%. Since the automated tool will be launched in the 2nd quarter of 2023.
Our LSD platform stands out from others due to the limited number of ART tokens. Once the pool of 2.5 billion ART tokens is sold, the maximum amount that can be staked in POS will be 199,000 ETH, creating a deficit of ART. This limitation will drive up the price of the ART token on the market, allowing users staking in POS using ART to withdraw their ETH with less ART. They can trade the surplus ART on the art market or sell it on the DEX market.
