Liquidswap

Liquidswap (LSD) is a decentralized exchange (DEX) on the Aptos blockchain. It uses smart contracts written in the Move language to enable secure and decentralized token swaps. Liquidswap supports stable swaps of correlated assets (such as stablecoins) and non-correlated swaps of other tokens.

LSD tokens are used to govern the Liquidswap protocol. This includes setting protocol parameters, managing the community treasury, and directing future development. You can also stake LSD tokens to earn rewards.

LSD tokens can be staked in the voting lock (veLSD) system, where users lock their tokens for a period of time to gain voting rights and rewards. The longer the lock-up period, the greater the benefits. Fees collected from the protocol will be shared with veLSD holders, incentivizing long-term participation and involvement in platform governance.

Liquidswap offers multiple ways to earn yield, including staking, providing liquidity in pools, and farming with liquidity provider (LP) tokens. These methods allow users to earn rewards by participating in the exchange's ecosystem.