What I'll cover in this thread: 🟪 What the current LST landscape is composed of 🟪 Where @mavprotocol fits in now 🟪 How to provide liquidity & earn juicy yields 🟪 Interview with founder @Bob_Baxley & $MAV token 🟪 Great data resources to watch You don't want to miss this 👇

The current LST landscape is composed of big players like @LidoFinance, @fraxfinance, Rocket Pool, and Coinbase. Amongst these top 4 there is a whopping $18B+ in TVL 😮

Over the last couple of months, since the ETH upgrade allowing unlocks and Lido following through with the same, we've seen crazy inflows to liquid staking projects I don't expect this trend to slow down anytime soon, thus why I'm so bullish on projects in this space 💡

Maverick is currently positioned to be the leading DEX for LSTs because of their innovative DEX model which allows for multiple types of curves of liquidity provision. Unlike Uniswap's x*y=K model, Maverick has innovated to allow for advanced LP based on directional bias 👀

Maverick is currently #11 in terms of TVL for LSDFi projects, but they have been climbing with a rise of 66% in the last month alone. I'm about to show you why....(hint: great yields & capital efficiency) Lets dive into the best ways to earn yield on @mavprotocol 👇

Step 1: Selecting the Pool on http://mav.xyz 🏊‍♂️ On the Pools page, choose the pool you want to deposit. You can either pick an existing pool from the list or deploy a new one clicking "Create New Pool" You need to hold at least one of the pool tokens in your wallet.

Step 2: Selecting the Mode 🔄 On the Select Mode page, choose the liquidity mode that suits your preferences. You can always go back and modify your token pair or fee tier.

Step 3: Adding Liquidity 💧 In this final step, choose the amount of liquidity to add from your wallet and configure its distribution within the pool. Before you get tripped up with each mode, let's explore the mechanics! 🧮

Adding Liquidity to Movement Modes ⚙️ Each movement mode (Right, Left, Both) starts with a different bin. For example, in Mode Right, liquidity is added to the bin left of the active bin. You can adjust the token amounts, and the AMM computes the correct ratios for you.

Adding Liquidity to Mode Static ⚖️ Mode Static allows you to customize the liquidity distribution across the pool's price range. You can select an initial distribution model (Exponential, Flat, Single Bin) or tweak the distribution width. Maximum capital efficiency at play here

Confirming Your Pool Transaction ✅ Before proceeding, ensure you have approved the tokens you're using. The Confirm Pool popup summarizes your transaction details, including token amounts, fee tier, and liquidity mode. Once confirmed, the transaction is sent for approval.

After confirming the transaction, you may need to wait briefly. Once completed, a green pop-up window will signal your successful liquidity addition. You can review the transaction on explorer or head to the 'Portfolio' page to track your positions.

Congrats fam, you can now start generating yield on @mavprotocol & participate in the LST wars 🔥 By leveraging wstETH pools and LSDFi/ETH staking pools, you can unlock exciting opportunities for capital efficient growth!

Another reason why I'm so bullish on Maverick is the platform demo I did with @Bob_Baxley nearly 6 months ago, if you're confused on the modes, bins, or mechanics its definitely worth a watch 👇 https://www.youtube.com/watch?...

Maverick recently completed a $9M raise led by Founder's Fund, the first crypto company in their portfolio❗ After this news hit, they also announced the launch of their phase 3 including governance token $MAV & $veMAV Read more here: https://x.com/Bob_Baxley/statu...

Finally, if you want to keep up with Maverick Protocol check out the Ultimate Dashboard from @0xMurathan :D Stay on the loop with this dashboar for monitoring Maverick Protocol analytics in real time! https://x.com/0xMurathan/statu...

Also, my fren @defi_mochi has put together this AMAZING LSDFi Dune analytics dashboard for all of LSDFi data! Worth a bookmark for sure! https://dune.com/defimochi/lsd...

@defi_mochi If you enjoyed this thread, smash the RT on the first tweet below! And follow me @ayyyeandy for more DeFi threads The link in my bio also has a free newsletter where I cover tons of DeFi opportunities & news! https://x.com/ayyyeandy/status...

@defi_mochi Tagging some defi chads who are on top of the LSDFi wars: @0xSalazar @DeFiMinty @Dynamo_Patrick @DeFi_Made_Here @Only1temmy @TheDeFISaint @Slappjakke @poopmandefi

@ayyyeandy We should get @stakehouse_BSN LSDs on Maverick's DEX 👀

@ydanwashere @stakehouse_BSN been saying this!!

@ayyyeandy Gud gud Gud

@0xSalazar Yeee yeeee yeeee🫡

@ayyyeandy Damn! Well-researched & well-written, ser-andy! Tysm for sharing this thread with us >⁠.⁠<

@belizardd Thanks ser! Much love

@ayyyeandy Concentrated liquidity is not very well suited for LSTfi. Having pools with e.g. 90% ETH and 10% ETH LST might be helpful to capture more trading volume, but this is done at the expense of no longer earning that much LST yield. @Range_Protocol might eventually solve this problem.

@FilipeDeFi @Range_Protocol Explain how they may solve this issue, if you don’t mind?

@ayyyeandy another banger

@KlagesRobbie Day after day, consistently

@ayyyeandy Good work buddy!

@splinter0n Thanks Splin!

@ayyyeandy Good thread! Mav is seriously undervalued

@DeFi_Heracles Thanks bro✍️✍️