What is LYS Protocol

LYS Protocol is designed to streamline and optimize the process of liquid staking and restaking in the cryptocurrency domain. Central to its innovation is the Liquidity Modality Derivative (LMD), represented by a new financial instrument built on Ethereum - whyETH. This protocol sets itself apart by integrating with leading staking providers and restaking platforms, with the robust backing of the EigenLayer restaking protocol.

Our vision is to establish the LYS Protocol as the cornerstone of a new, diversified, and low-risk investment paradigm within the Ethereum ecosystem, offering maximized yields and accessibility. The mission is twofold: to significantly simplify the staking process for all users and to democratize access to high-yield, low-risk investment strategies, enabling a more inclusive DeFi environment.

LYS Protocol simplifies the multi-step staking & restaking paths into a unified and easy experience where users:

  1. Deposit their assets: ETH or LSTs or LRTs or ETH denominated Liquidity Positions (LP) into LYS Protocol and receive whyETH.

  2. Choose the desired fractional investment strategy for staking: Users have the flexibility to select their preferred liquid staking platforms and associated percentages to allocate to each one. Users can also leave this step to us to recommend the best strategy for staking derisking.

  3. Choose the desired fractional investment strategy for restaking: Users have the flexibility to select their preferred liquid restaking platforms and the associated percentage to allocate to each one. Users can also leave this step to us to recommend the best strategy for restaking derisking.

  4. Enjoy LYS Protocol: Start earning rewards in real-time through LYS Yield Management strategies.

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