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Bitcoin dominance is at a 4-year high, indicating altcoins are struggling. Blockchain technology aims to remove middlemen from financial transactions. LSDFi, a form of liquid staking derivatives finance, is a prime example of financial innovation in DeFi. It allows users to stake assets and generate liquid tokens for use in various DeFi protocols. The complexity of DeFi may hinder mass adoption, but LSDFi offers a glimpse into a post-bank financial future.
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