Convert Liquid Staking Derivatives LSD to Redstone RED
LSD to RED: 1 Liquid Staking Derivatives converts to 0.04304 RED
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About LSD and RED
Liquid Staking Derivatives is falling, while Redstone is climbing this week. The current LSD to RED conversion rate is 0.04304. Inversely, this means that if you convert 1 RED you will get 23.23 LSD. The conversion rate of LSD/RED has decreased by 0.84% in the last hour (RED/LSD increased by 0.84%). In the last 24 hours, LSD/RED shrunk by 2.11%, while RED/LSD grew by the same amount.
The exchange rate of Liquid Staking Derivatives is increasing. The current value of 1 LSD is 0.04304 RED. In other words, to buy 5 Liquid Staking Derivatives, it would cost you 0.2152 RED. Inversely, 1 RED would allow you to trade for 23.23 LSD while 50 RED would convert to 1,161.71 LSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.2%. Meanwhile, in the last 24 hours, the rate has changed by 7.58%, and that the highest exchange rate of 1 LSD to RED was 0.04358 RED and the lowest 24 hour value was 1 LSD for 0.03828 RED. Last month, 1 LSD was worth 0.05412 RED. Today, it's down 25.75%. Looking back a year, Liquid Staking Derivatives has changed by 0.02179 RED. That means that in a single year, the value of Liquid Staking Derivatives has grown by 49.38%.
Liquid Staking Derivatives Market Stats
$LSD is a liquid staking aggregator protocol based on algorithms that detect and calculate the best possible solution for the highest APY. $LSD uses a proprietary smart contract to manage and automatically rebalance the portfolio to generate the best APY’s for its investors. Staking has to-date, offered and will likely continue to offer the most reliable yields in DeFi. Liquid staking - or the ability to stake ETH via swapping for a liquid asset, has emerged as the leader in this DeFi ecosystem. However investors must still contend with the difficulty of - evaluating yield (both in ETH and native tokens), choosing a protocol, and continually re-evaluating this over time. Enter $LSD. Simply put - users swap ETH for $LS-ETH, a wrapper around the $LSD Aggregator protocol - and our protocol will do the rest, ensuring the highest possible staked ETH yield across a multitude of liquid staking protocols via our proprietary smart contract.Custody of staked assets remains always with the user, which will aim to allow them to access that liquidity across the entire DeFi ecosystem.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
Conversion tables
LSD to RED values from Today at 12:01 pm
0.5 LSD = 0.02152 RED |
1 LSD = 0.04304 RED |
5 LSD = 0.2152 RED |
10 LSD = 0.4304 RED |
50 LSD = 2.15 RED |
100 LSD = 4.30 RED |
500 LSD = 21.52 RED |
1,000 LSD = 43.04 RED |
RED to LSD values from Today at 12:00 pm
0.5 RED = 11.62 LSD |
1 RED = 23.23 LSD |
5 RED = 116.17 LSD |
10 RED = 232.34 LSD |
50 RED = 1,161.71 LSD |
100 RED = 2,323.42 LSD |
500 RED = 11,617.10 LSD |
1,000 RED = 23,234.20 LSD |
LSD to RED over time
LSD | Today | 24H 7.58% | 1M -25.75% | 1Y 49.38% |
|---|---|---|---|---|
0.5 LSD | 0.02152 RED | 0.01989 RED | 0.02706 RED | 0.01089 RED |
1 LSD | 0.04304 RED | 0.03978 RED | 0.05412 RED | 0.02179 RED |
5 LSD | 0.2152 RED | 0.1989 RED | 0.2706 RED | 0.1089 RED |
10 LSD | 0.4304 RED | 0.3978 RED | 0.5412 RED | 0.2179 RED |
50 LSD | 2.15 RED | 1.99 RED | 2.71 RED | 1.09 RED |
100 LSD | 4.30 RED | 3.98 RED | 5.41 RED | 2.18 RED |
500 LSD | 21.52 RED | 19.89 RED | 27.06 RED | 10.89 RED |
1,000 LSD | 43.04 RED | 39.78 RED | 54.12 RED | 21.79 RED |
Frequently asked questions
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