&lt;h2&gt;1. What is Liquid Staking Derivative?&lt;/h2&gt;
&lt;p&gt;Liquid Staking Derivative (LSD) is a term used to describe tokenized representations of staked assets on the blockchain. When you stake an asset on the blockchain to earn staking rewards or yield, it is typically locked for a certain period, limiting your ability to use or trade it. Liquid Staking Derivatives, or Tokens (LSDs or LSTs), address this limitation by allowing you to trade or utilize the staked asset while still earning staking rewards.&lt;/p&gt;
&lt;p&gt;Proof of Stake (PoS) chains such as Solana, Avalanche, Cosmos, and recently Ethereum (as it transitions to a PoS chain) offer Liquid Staking Derivatives.&lt;br&gt;For example, if you hold ETH and want to earn yield through staking, but you also want the flexibility to sell it in the future, you can stake your ETH into a liquid staking derivatives protocol like Lido. Lido will provide you with stETH, a token that represents your staked ETH on a 1:1 basis. By holding stETH, you continue to earn ETH yield while retaining the ability to sell it at any time. Additionally, you can deposit stETH into other decentralized finance (DeFi) protocols like AAVE to earn additional yield or use it as collateral for borrowing purposes.&lt;/p&gt;
&lt;h2&gt;2. What are the cons of LSDs?&lt;/h2&gt;
&lt;p&gt;While Liquid Staking Protocols offer significant benefits, there are some risks associated with them. Since these protocols are implemented as smart contracts, there is a potential for smart contract vulnerabilities. Additionally, third-party risks exist because these protocols are often developed by external developers. Therefore, it is crucial to carefully choose the Liquid Staking Protocol you use to mitigate these risks.&lt;/p&gt;
&lt;p&gt;For instance, in a rare case where Lido gets hacked, you could potentially lose all of your ETH. Alternatively, if Lido experiences significant negative news, the peg of stETH to ETH may be affected, resulting in a deviation from the 1:1 ratio.&lt;/p&gt;
&lt;p&gt;Despite these risks, the benefits of Liquid Staking Derivatives generally outweigh the potential drawbacks, which is why they have gained significant popularity. Their Total Value Locked (TVL) has experienced exponential growth as more users recognize the advantages they offer.&lt;/p&gt;
&lt;h2&gt;3. Let&amp;rsquo;s explore LSD protocols landscape!&lt;/h2&gt;
&lt;p&gt;According to DefiLlama, LSD protocols currently hold the highest Total Value Locked (TVL) among all DeFi categories, reaching $20.4 billion. The second highest TVL belongs to the Dexes category, with $15.6 billion. When we look specifically at the LSDs category, we find that Lido holds the largest market share at 69%, followed by Coinbase at 10%, and Rocket Pool at 9%.&lt;/p&gt;
&lt;p&gt;It&#039;s worth noting that Liquid Staking Derivatives (LSDs) also exist on other blockchain networks apart from Ethereum. For instance, Solana has a Liquid Staking Derivative called &quot;stSOL,&quot; and Avalanche has an LSD called &quot;sAVAX.&quot;&lt;/p&gt;
&lt;h3&gt;List of Decentralized LSD Protocols&lt;/h3&gt;
&lt;ul&gt;
&lt;li&gt;&lt;a href=&quot;https://lido.fi/&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;Lido&amp;nbsp;&lt;/a&gt;&lt;/li&gt;
&lt;li&gt;&lt;a href=&quot;https://rocketpool.net/&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;RocketPool&lt;/a&gt;&lt;/li&gt;
&lt;li&gt;Frax&lt;/li&gt;
&lt;li&gt;Ankr&lt;/li&gt;
&lt;li&gt;StarFi&lt;/li&gt;
&lt;li&gt;StakeWise&lt;/li&gt;
&lt;li&gt;Parallel DeFi&lt;/li&gt;
&lt;li&gt;StakeHound&lt;/li&gt;
&lt;li&gt;Stader&lt;/li&gt;
&lt;li&gt;Swell&lt;/li&gt;
&lt;li&gt;EigenLayer&lt;/li&gt;
&lt;/ul&gt;
&lt;h3&gt;List of Centralized LSD Protocols:&lt;/h3&gt;
&lt;ul&gt;
&lt;li&gt;Coinbase&lt;/li&gt;
&lt;li&gt;Binance&lt;/li&gt;
&lt;li&gt;Okex&lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;Each LSD protocol offers unique features that cater to different types of users and risk profiles. It&#039;s important to conduct thorough research before choosing the right one for your needs. If you&#039;re uncertain, it&#039;s generally advisable to opt for well-known and reputable decentralized protocols such as Lido, RocketPool, and Frax, or centralized protocols like Coinbase, Binance, and Okex.&lt;/p&gt;
&lt;h2&gt;4. Maximizing the yield of your liquid staking tokens with LSDFi&lt;/h2&gt;
&lt;p&gt;LSDfi are protocols that are built upon LSDs Protocols. These protocols consist of familiar DeFi elements such as decentralized exchanges (DEXs) and lending platforms, along with more advanced projects that take advantage of the distinct characteristics of LSD.&lt;/p&gt;
&lt;h3&gt;List of LSDFi protocols:&lt;/h3&gt;
&lt;h4&gt;4.1. Borrow/Lending Protocols: Platforms that facilitate borrowing and lending activities involving LSDs:&lt;/h4&gt;
&lt;ul&gt;
&lt;li&gt;Aave&lt;/li&gt;
&lt;li&gt;MorphoAave&lt;/li&gt;
&lt;li&gt;Exactly&lt;/li&gt;
&lt;li&gt;SonneFinance&lt;/li&gt;
&lt;li&gt;Agave&lt;/li&gt;
&lt;li&gt;ParaSpace Lending&lt;/li&gt;
&lt;li&gt;dForce&lt;/li&gt;
&lt;li&gt;SiloFinance&lt;/li&gt;
&lt;li&gt;Granary Finance&lt;/li&gt;
&lt;li&gt;Radiant&lt;/li&gt;
&lt;li&gt;Spark&lt;/li&gt;
&lt;li&gt;Cat in a Box&lt;/li&gt;
&lt;li&gt;MYSO&lt;/li&gt;
&lt;li&gt;Iron Bank&lt;/li&gt;
&lt;li&gt;LSDx Finance&lt;/li&gt;
&lt;/ul&gt;
&lt;h4&gt;4.2. CDP (Collateralized Debt Position): Protocols that generate their own stablecoin by utilizing collateralized LSDs.&lt;/h4&gt;
&lt;ul&gt;
&lt;li&gt;Lybra Finance&lt;/li&gt;
&lt;li&gt;Curve&lt;/li&gt;
&lt;li&gt;Raft&lt;/li&gt;
&lt;li&gt;PrismaFi&lt;/li&gt;
&lt;li&gt;Agility&lt;/li&gt;
&lt;/ul&gt;
&lt;h4&gt;4.3. Yield Protocols: Generate extra yield by utilizing LSDs.&lt;/h4&gt;
&lt;ul&gt;
&lt;li&gt;Convex Finance&lt;/li&gt;
&lt;li&gt;Aura&lt;/li&gt;
&lt;li&gt;Asymetrix&lt;/li&gt;
&lt;li&gt;Concentrator&lt;/li&gt;
&lt;li&gt;Instadapp&lt;/li&gt;
&lt;li&gt;Magpie&lt;/li&gt;
&lt;li&gt;PendleFi&lt;/li&gt;
&lt;li&gt;StakeDAO&lt;/li&gt;
&lt;li&gt;Merkl&lt;/li&gt;
&lt;li&gt;Flashstake&lt;/li&gt;
&lt;li&gt;Parallax Finance&lt;/li&gt;
&lt;li&gt;Sense&lt;/li&gt;
&lt;li&gt;Extra Finance&lt;/li&gt;
&lt;li&gt;Vector Finance&lt;/li&gt;
&lt;li&gt;Premia&lt;/li&gt;
&lt;li&gt;Wombex Finance&lt;/li&gt;
&lt;li&gt;Gamma&lt;/li&gt;
&lt;li&gt;Acid DAO&lt;/li&gt;
&lt;/ul&gt;
&lt;h4&gt;4.4. Liquidity Protocols: Increase your potential earnings by supplying liquidity for LSD pairs.&lt;/h4&gt;
&lt;ul&gt;
&lt;li&gt;Curve&lt;/li&gt;
&lt;li&gt;Balancer&lt;/li&gt;
&lt;li&gt;Beethoven X&lt;/li&gt;
&lt;li&gt;Hop Protocol&lt;/li&gt;
&lt;li&gt;Velodrome&lt;/li&gt;
&lt;li&gt;Platypus Finance&lt;/li&gt;
&lt;li&gt;PancakeSwap&lt;/li&gt;
&lt;li&gt;Uniswap&lt;/li&gt;
&lt;li&gt;Camelot&lt;/li&gt;
&lt;li&gt;WombatExchange&lt;/li&gt;
&lt;li&gt;Rhino.fi&lt;/li&gt;
&lt;li&gt;KyberSwap&lt;/li&gt;
&lt;li&gt;Trader Joe&lt;/li&gt;
&lt;li&gt;Ramses&lt;/li&gt;
&lt;li&gt;Chronos&lt;/li&gt;
&lt;li&gt;SushiSwap&lt;/li&gt;
&lt;li&gt;Quickswap&lt;/li&gt;
&lt;li&gt;Arbitrum Exchange&lt;/li&gt;
&lt;li&gt;Forge&lt;/li&gt;
&lt;li&gt;THENA&lt;/li&gt;
&lt;li&gt;Orca&lt;/li&gt;
&lt;li&gt;3xcalibur&lt;/li&gt;
&lt;li&gt;Bancor&lt;/li&gt;
&lt;li&gt;SwapFish&lt;/li&gt;
&lt;li&gt;Gamma&lt;/li&gt;
&lt;li&gt;Arrakis&lt;/li&gt;
&lt;/ul&gt;
&lt;h4&gt;4.5. LSD Baskets: Construct diversified indexes comprising multiple LSDs to mitigate risk.&lt;/h4&gt;
&lt;ul&gt;
&lt;li&gt;IndexCoop&lt;/li&gt;
&lt;li&gt;UnshETH&lt;/li&gt;
&lt;li&gt;Asymmetry Finance&lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;Caution: Just like LSD protocols, LSDFi Protocols also carry risks associated with smart contracts and third-party involvement. Therefore, it&#039;s important to exercise caution and conduct thorough due diligence before using them.&lt;/p&gt;
&lt;h2&gt;5. What does the future hold for LSDs?&lt;/h2&gt;
&lt;p&gt;Currently, 34% of staked ETH exists in the form of Liquid Staked ETH, and this trend shows no signs of slowing down. LSD has become an essential component in any Proof-of-Stake (PoS) system and is currently one of the hottest trends in DeFi. It plays a vital role in fueling the incredible growth of DeFi. LSDs allow you to unlock your staked assets and earn a steady, low-risk income with minimal effort. Additionally, when LSDFi is introduced, LSDs further enhance the liquidity of a blockchain, creating a robust and thriving on-chain economy.&lt;/p&gt;
&lt;h2&gt;6. How can you capitalize on this LSD trend?&lt;/h2&gt;
&lt;p&gt;As mentioned earlier, LSDs and LSDFi Protocol are undoubtedly here to stay and will play a crucial role in PoS chains. However, the crypto space can be unforgiving, and only a few of these protocols will last, while the majority may have short lifespans. Therefore, it is essential to exercise due diligence before investing in any projects. Here are some checkboxes that I personally use when researching promising projects:&lt;/p&gt;
&lt;ol style=&quot;list-style-type: lower-alpha;&quot;&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;Website Evaluation&lt;/strong&gt;: Is the website professionally designed with careful attention to detail? Are there any errors or inconsistencies? Generally, a polished and visually appealing website indicates a higher likelihood of a legitimate project.&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;Roadmap and Team Analysis:&lt;/strong&gt; Examine the project&#039;s roadmap and assess if it strikes a balanced pace of development. Research the team members to gauge their expertise and track record. Look into their involvement in previous projects and how those projects are doing. Pay special attention to the founder; if they have been associated with unsuccessful or fraudulent projects in the past, it may indicate potential red flags.&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;Tokenomics Assessment:&lt;/strong&gt; Tokenomics is a crucial aspect of any crypto project. Look for projects with reasonable vesting schedules and avoid excessive token allocations to private investors, founders, and advisors. It is even better if you can find information about the seed token price and private token price. If these were sold at extremely low prices or have short vesting schedules, it could potentially create selling pressure.&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;Backing from Established Investors:&lt;/strong&gt; It is generally advisable to stay away from projects without Tier 1 venture capital (VC) support. The absence of Tier 1 VCs may indicate potential red flags that deter top investors from getting involved.&lt;br&gt;Technical Innovation: Focus on projects that tackle unsolved problems or significantly enhance existing functions. Avoid investing in projects that merely replicate what others are already doing.&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;Market Capitalization Consideration:&lt;/strong&gt; Your risk tolerance will determine your desired returns. If you seek substantial gains like x10 or x20, focus on projects with a market capitalization below $100 million, the lower the better. However, remember that higher returns also come with increased risks, so thorough research is crucial. If you prefer a safer approach, consider investing in reputable projects with high market capitalization.&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;What is trending in LSD landscape?&lt;/strong&gt; If you observe the list of top LSD protocols you can see that the largest LSDs protocols are all related to staking Ethereum. This is not surprising since Ethereum is the largest smart contract platform. Therefore, if you are seeking a potential investment with significant growth, it would be wise to focus on protocols built on Ethereum.&lt;/li&gt;
&lt;/ol&gt;

Liquid Staking Derivatives (LSDs): Unleashing the Power of Staked Assets In Crypto

&lt;h3&gt;&lt;strong&gt;Overview&lt;/strong&gt;&lt;/h3&gt;
&lt;p style=&quot;line-height: 1.5;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;Metamask is a software cryptocurrency wallet used to interact with the Ethereum blockchain. Metamask is a bridge that allows you to visit the distributed web of tomorrow in your browser today. It allows you to run Ethereum dApps right in your browser without running a full Ethereum node.&amp;nbsp;&lt;/p&gt;
&lt;h3&gt;&lt;strong&gt;How to connect Metamask wallet to Binance Smart Chain Network?&lt;/strong&gt;&lt;/h3&gt;
&lt;h4&gt;&lt;strong&gt;Step 1&lt;/strong&gt;&lt;/h4&gt;
&lt;p&gt;&amp;nbsp; Once you have opened a Metamask wallet on your desktop or phone, Go to &lt;strong&gt;Settings&lt;/strong&gt;.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.info/images/posts/post_62e151693b2eb.png&quot; alt=&quot;Data&quot; width=&quot;500&quot; height=&quot;359&quot;&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Step 2&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;In settings select Networks.&lt;/p&gt;
&lt;p&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.info/images/posts/post_62e1518b0e08e.png&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;347&quot;&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Step 3&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;Select Add Network button and enter the following information.&lt;/p&gt;
&lt;p&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.info/images/posts/post_62e151a2ef946.png&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;338&quot;&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Network Name&lt;/strong&gt; : BSC Mainnet&lt;br&gt;&lt;strong&gt;New RPC URL&lt;/strong&gt; : https://bsc-dataseed1.binance.org/ (or) https://bsc-dataseed2.binance.org/&lt;br&gt;&lt;strong&gt;Chain ID&lt;/strong&gt; : 56 or 0x38 ( if 56 dosen&#039;t work)&lt;br&gt;&lt;strong&gt;Symbol&lt;/strong&gt; : BNB&lt;br&gt;&lt;strong&gt;Block Explorer URL&lt;/strong&gt; : &lt;a href=&quot;https://bscscan.com/&quot;&gt;https://bscscan.com/&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Step 4&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;Select the newly added BSC Maninet and now you are connected to BSC network.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.info/images/posts/post_62e151c563263.png&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;365&quot;&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Step 5&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp; &amp;nbsp;All set. You have now successfully added the BSC Mainnet to your Metamask wallet.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.info/images/posts/post_62e15473e0b03.png&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;357&quot;&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;

How to setup BSC in Metamask

&lt;p&gt;&lt;strong&gt;Overview&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;An Ethereum Wallet in your Browser. MetaMask is an extension for accessing Ethereum enabled distributed applications, or &quot;Dapps&quot; in your browser. The extension injects the Ethereum web3 API into every website's javascript context, so that dapps can read from the blockchain.&lt;/p&gt;
&lt;p&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;MetaMask also lets the user create and manage their own identities (via private keys, local client wallet and hardware wallets like Trezo), so when a Dapp wants to perform a transaction and write to the blockchain, the user gets a secure interface to review the transaction, before approving or rejecting it.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;How to install metamask&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;Go to Metamask.io and select from Android or iOS for mobile application and select Chrome for desktop. You can also go directly to the Chrome store, Google Play store.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Snapshots to intall Metamask wallet for your chrome&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62c344723e896.jpg&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&amp;nbsp;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62c3449b17e97.jpg&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62c3453870942.jpg&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62c3456ad23be.jpg&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62c344f219201.jpg&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62c3459aeeeef.jpg&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62c345b79998e.jpg&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62c345d2ac25c.jpg&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62c345ef67145.jpg&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62c3460c518ab.jpg&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/strong&gt;&lt;/p&gt;

How to install MetaMask wallet.

&lt;h3&gt;Overview&lt;/h3&gt;
&lt;p&gt;Cryptocurrency is a type of digital currency that generally only exits electronically. There is no physical coin or bill unless you use a service that allows you to cash in cryptocurrency for a physical token. Many cryptocurrencies are decentralized networks based on blockchain technology. Blockchain is a decentralized technology spread across many computers that manage and record transactions. The legal status of cryptocurrencies varies substantially from country to country and is still undefined or changing in many of them. Bitcoin is the most popular cryptocurrency.&lt;/p&gt;
&lt;h3&gt;Can I invest in cryptocurrencies?&lt;/h3&gt;
&lt;p&gt;Unlike the stock market, there are some risks involved while &lt;a href=&quot;https://cryptolenz.com/projects/upcoming&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;investing in crypto&lt;/a&gt;. Its values may or may not go up but many investors see them as a valuable financial investments. However digital currencies are also some of the hottest commodities. Many people consider crypto as the future currency. Before investing, learn about cryptocurrency exchanges. These platforms provide the means to buy and sell digital currencies, but there are 500 exchanges to choose from. Also cryptocurrencies are not insured by the government unlike any other currencies. So no guarantee on the investment or returns.&lt;/p&gt;
&lt;h3&gt;How to buy Crypto?&lt;/h3&gt;
&lt;p&gt;Anyone can buy cryptocurrency through an &lt;a href=&quot;https://cryptolenz.com&quot;&gt;online exchange platform&lt;/a&gt;. Some people earn cryptocurrency through a process called &quot;mining&quot; which requires advanced computer equipment. Now developers have designed an app, where any people can download the mobile app and start mining on their own without any charges. Some cryptocurrencies, including Bitcoin, are available for purchase with U.S. dollars, while others require to pay with bitcoins or another cryptocurrency. To buy cryptocurrencies, you need a&amp;nbsp; wallet an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as Bitcoin or Ethereum. Coinbase is one of the most popular trading exchange, where you can buy or sell any type of cryptocurrencies.&lt;/p&gt;
&lt;h3&gt;Wallet&lt;/h3&gt;
&lt;p&gt;In order to buy or trade cryptocurrency, you need to have a wallet address, so that the digital currency will be transferred under your control. This wallet keeps a secret information, called a private key or a seed, which is used to validate transactions so that your cryptocurrency can be used to make purchases or exchanged for another asset. This key prevents someone else from using your&#039;s or the transaction being altered by a third-party. Wallet can hold multiple cryptocurrencies. The most popular wallet is Metamask, Coinbase, etc...&lt;/p&gt;
&lt;h3&gt;How to store the crypto?&lt;/h3&gt;
&lt;p&gt;Crypto&#039;s can be stored in two kinds of digital wallets&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Hot wallet &lt;/strong&gt;- transactions generally are faster, crypto is stored by a trusted exchange or provider in the cloud and accessed through an app or computer browser on the internet. Any trading exchange you join will offer a free crypto hot wallet where your purchases will automatically be stored. But many users prefer to transfer and store their crypto with a third-party hot wallet &amp;amp;nbsp;provider, also typically free to download and use. Like - Coinbase, Electrum, Blockchain, Mycelium.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Cold wallet&lt;/strong&gt; - often incorporates extra security steps that help to keep your assets safe but also take longer. A cold wallet is a small, encrypted portable device that allows you to download and carry your crypto. Cold wallets can cost as much as $100 but are considered much more secure than hot wallets. Like -Trezor Ledger, Nano.&lt;/p&gt;
&lt;h3&gt;How to use cryptocurrency?&lt;/h3&gt;
&lt;p&gt;People use cryptocurrency for quick payments, to avoid transaction fees that regular banks charge, or because it offers some anonymity. Others hold cryptocurrency as an investment, hoping the value goes up. Unlike credit/debit card, crypto payment is not legally protected.&lt;/p&gt;

 Cryptocurrency for beginners

&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;What is an IDO?&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;&amp;nbsp;An initial DEX offering, refers to a project launching a coin or token via a decentralized liquidity exchange &amp;nbsp;. It is an excellent choice for new projects and startups keen to launch a token and access immediate funds.&lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;General Parameters of IDO&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp; There are several requirements to participate in an IDO as a token buyer, and some additional parameters that are essential for participants to consider. These include:&lt;/span&gt;&lt;/p&gt;
&lt;ul&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;Maximum contribution per wallet ‒ To ensure an even and fair distribution of IDO tokens, there will be a cap set on the maximum contribution one wallet address can make to an IDO. No one will be able to contribute more than this parameter, set by the pool originator (i.e. the project owners who create the OccamRazer pool);&lt;/span&gt;&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;Private or public pools ‒ If an IDO pool is private, participants will be required to hold more than a predetermined number of &amp;nbsp;tokens in order to participate in the pool. Both the required number of tokens and time held is set to a minimum system value by the respective project , but can be increased by pool originators;&lt;/span&gt;&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;Whitelisting status ‒ Some pools may require their participants to be whitelisted, i.e. meeting KYC requirements or a minimum accredited capital status. If the pool is set up to be whitelisted by the pool originator, participants need to comply with whitelisting requirements.&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;How to participate in IDO ?&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;ul&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;The best way to learn about any new project or &lt;a href=&quot;https://cryptolenz.com/events/upcoming&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;IDOs&lt;/a&gt; is to follow the project&#039;s own twitter, telegram or their own website accounts. All the necessary information regarding the IDO will be posted in these channels, so the buyer should keep checking them regularly.&lt;/span&gt;&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;Participating in an (any) IDO requires pre-buying launchpad tokens and winning the whitelist lottery. Most of the projects require this process. As IDOs tend to raise small amounts, they have to limit the number of buyers and the launchpad tokens that they can buy.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;The buyer now has to setup a web 3.0 wallet like Metamask. That wallet address will be required to complete the whitelist application.&lt;/span&gt;&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;Once you have found the right project that you would like to participate, the next step is to get whitelisted - meaning your wallet address will be eligible to participate in the IDO. Each project will select a specific number of addresses randomly to get whitelisted. Each address will be selected only once for a project whitelist.&lt;/span&gt;&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;Winning a whitelist lottery, requires the buyers to hold minimum amount of launchpad&#039;s native token. More the number of tokens you hold, more are the chances of winning the lottery. Some launchpads also allow non-token holders to participate in the whitelist lottery.&lt;/span&gt;&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;Once you have submitted the whitelist application, you have to wait until the window to close and the team need sometime to process all the applications and the results will be announced in their respective channels.&lt;/span&gt;&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;Once you are whitelisted, you need to complete the KYC (Know Your Customer) process. This step is to make sure that no bots are whitelisted and to see that the project launches fairly. Once KYC is done, you have to for the project launching day.&lt;/span&gt;&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp;Make sure to have sufficient funds in your wallet before the IDO date.&lt;/span&gt;&lt;/li&gt;
&lt;li style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;IDOs are always First Come First Serve basis. Its upto the projects as and how many people they whitelist. Depending on that number, your chances of winning the IDO varies.&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;The Cooldown Period&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;&amp;nbsp;Most of the projects follow this rule. Once you have sucessfully participated in an IDO, the wallet you used to purchade the tokens will be placed on a cooldown period for specific number of days. During those days, you will not be whitelisted for any other IDO. This step is to ensure a fair trading across the ecosystem.&lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;strong&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;Listing&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;Tokens can also be purchased directly when it is being listed in the cryptocurrency exchanges (like uniswap, pancakeswap, etc..). For this you need not complete any whitelist application or participate in the IDO. Listing refers to a project offering trading pairs to an particular crypto currency exchange .&lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;After an IDO is completed, the project will be listed on a coin exchange, but higher than the IDO price. This could be the price starting very high and coming down very quickly or starting at very low and increasing at a higher rate. This is very common and make sure to understand the market prices on all exchanges.&lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;Once the project is listed, the prices may move insanley up or down for first few days, in which risk is very high to buy when a coin is being listed rather than to sell. So trade at your own risk.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;&lt;/p&gt;
&lt;p style=&quot;line-height: 2;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;&lt;/p&gt;

How do IDOs work

&lt;p style=&quot;line-height: 1.5;&quot;&gt;&lt;strong&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;About&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 1.5;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp; Bundled with unparalleled features, Red Kite promises to give investors a new and surprising experience of an ordered and assured token sale process. Two of the notable reasons why solid projects failed were &amp;lsquo;poor marketing&amp;rsquo; and &amp;lsquo;lack of investors&amp;rsquo; interest&amp;rsquo; due to fear of scams. Red Kite launchpad solves both of these problems by offering new ways to raise capital &amp;mdash; Red Kite is supported by a network of tier-1 marketing partners, top influencers, and communities to help the project soars. The crypto projects go through a robust vetting process, and they&amp;rsquo;re hand-picked to protect investors&amp;rsquo; interests. Red Kite provides a safer platform for investors, allowing them to gain early access to vetted token sales at a lower price before they hit the market.&lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 1.5;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;The investors can hold PKF tokens to join the Red Kite platform and participate in the token sale rounds for hand-picked and vetted crypto projects. The first &lt;a href=&quot;https://cryptolenz.com/events/upcoming&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;IDO&lt;/a&gt; will hit the Red Kite launchpad in the first half of May, launching a high-profile project in parallel with another top-tier launchpad.&lt;/span&gt;&lt;br&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;Red Kite supports Ethereum and BSC pools and will soon support Polkadot pools after rigorous testing on the PolkaFoundry testnet, becoming the first-ever launchpad on Polkadot. Red Kite will not only be the first launchpad on Polkadot, but it will also support the crowdloan campaigns for parachain auctions on both Polkadot and Kusama. Projects interested in securing a parachain slot can collect KSM or DOT tokens to win the auction. PolkaFoundry will be the first project to run a parachain campaign on Red Kite.&lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 1.5;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&lt;strong&gt;$PKF Tier Structure&lt;/strong&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style=&quot;font-size: 14pt;&quot;&gt;&lt;img style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; src=&quot;https://admin-api.cryptobuddy.online/images/posts/post_62d03c3060ccb.png&quot; alt=&quot;&quot; width=&quot;500&quot; height=&quot;350&quot;&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 1.5;&quot;&gt;&lt;strong&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;To Participate&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 1.5;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp; Choose BSC Network and connect your Metamask or BSC Wallet. The My Account menu will appear once you successfully connect to your address. Input your email address to verify your email. You cannot perform any action (KYC, joining a pool, staking, etc.) until your email address is verified. Fill the necessary information to complete the KYC process. Once your email address is verified, you can start staking into Red Kite to claim your tiers in the My Account menu. You can only stake $PKF, Uniswap LP in Red Kite.&lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 1.5;&quot;&gt;&lt;strong&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;To Buy $PKF&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 1.5;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;$PKF can be purchased from Uniswap and Gate.io. Refer the &lt;a href=&quot;https://cryptorank.io/price/polka-foundry/exchanges&quot;&gt;link&lt;/a&gt; for more current market options.&lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 1.5;&quot;&gt;&lt;strong&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;References&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p style=&quot;line-height: 1.5;&quot;&gt;&lt;span style=&quot;font-family: arial, helvetica, sans-serif; font-size: 14pt;&quot;&gt;&lt;a href=&quot;https://redkite.polkafoundry.com/#/&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;Website&lt;/a&gt;&amp;nbsp; &amp;nbsp; |&amp;nbsp; &amp;nbsp; &lt;a href=&quot;https://twitter.com/PolkaFoundry&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;&amp;nbsp;Twitter&lt;/a&gt;&amp;nbsp; &amp;nbsp; | &amp;nbsp; &amp;nbsp; &lt;a href=&quot;https://t.me/polkafoundry/&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;Telegram&lt;/a&gt;&amp;nbsp; &amp;nbsp; |&amp;nbsp; &amp;nbsp; &lt;a href=&quot;https://twitter.com/PolkaFoundry&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;Medium&lt;/a&gt;&amp;nbsp; &amp;nbsp; |&amp;nbsp; &amp;nbsp; &lt;a href=&quot;https://www.coingecko.com/en/coins/polkafoundry&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;Coingecko&amp;nbsp;&lt;/a&gt; &amp;nbsp; &amp;nbsp; &amp;nbsp;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;

Red Kite

&lt;p&gt;To celebrate Partnership and SOOON to be #CEX Listing!&lt;/p&gt;
&lt;p&gt;&lt;span class=&quot;text-blue-900 font-bold&quot;&gt;$2000&lt;/span&gt; Worth of $UPO Tokens are up for grabs&lt;/p&gt;
&lt;br/&gt;
&lt;p&gt;What&amp;#039;s the reward?&lt;/p&gt;
&lt;p&gt;$UPO Tokens will be airdropped to 40 lucky winners&lt;/p&gt;
&lt;p&gt;$50 worth of tokens each!&lt;/p&gt;
&lt;p&gt;(Could be worth more at launch! Why not!?&lt;/p&gt;
&lt;br/&gt;
&lt;p&gt;Excited to Join? Me too&lt;/p&gt;
&lt;p&gt;Just follow simple steps below&lt;/p&gt;

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