1/🧵
@LisaLab_BTC is the LSD platform built on the STX chain.
They have two main products: Liquid Staking Token, and Wrapped Liquid Staking token.
Currently they offer these solutions to the STX, and ALEX token.
But whats the difference between the two? 👇

2/🧵
Liquid Staking Token 
Let’s say you want to earn yield on your STX - stake your bags on Lisa and you will receive LiSTX token can be used for further Defi activities. The yield is reflexed in your wallet making the STX and LiSTAX a one to one peg. 🤝

4/🧵
vLiSTX can be lent out for lending/borrowing. The user can calculate the risk by subtracting the borrowing rate from the STX skating yield and estimate the interest. Be carful because if the principle drops in value you will have risk of liquidation. Not FA. 👊

5/🧵
I’ve been using the platform for a while and it has my humble stamp of approval. 💮

3/🧵
Wrapped Liquid Staking
So you now have LiSTX and want to explore other Defi protocols like lending/borrowing. Wrap the LiSTX and receive vLiSTX. This token accrues yield on its self or in other words appreciates in value. 💪