TechFlow, April 1 — Bitget Wallet, a leading global Web3 wallet, has officially launched the industry's first LSD (Liquid Staking Derivatives) wealth management zone offering staking yield on holdings while preserving asset liquidity. LSDs are tradable tokens users receive after staking assets in DeFi protocols; these tokens continue to accrue staking rewards while also being usable in trading or other on-chain activities, significantly improving capital efficiency by eliminating the traditional lock-up periods associated with staking.
The initial launch covers major public blockchain ecosystems including Ethereum, Solana, and BNB Chain, aggregating four LSD products: sUSDe, USDY, sUSDS, and JitoSOL, with annualized yields ranging from 4% to 8%. This product upgrade by Bitget Wallet marks a significant step forward in enhancing on-chain financial services. The platform plans to further expand support to additional ecosystems such as Tron, Base, Sonic, and Sui, continuously improving on-chain capital efficiency.
