1. What is lst?

Introduction to Libartysharetoken (LST) Cryptocurrency

Libartysharetoken is a cryptocurrency based on blockchain technology, with the following main characteristics:

1. Decentralized funds transfer and value storage: Libartysharetoken aims to provide a decentralized solution for funds transfer and value storage, utilizing blockchain technology to ensure the security and transparency of transactions.

2. Highly secure transaction methods: Libartysharetoken employs encryption technologies to protect user privacy and security, with all transaction records being recorded on the blockchain to ensure immutability and transparency.

3. Fast and convenient transaction efficiency: With blockchain technology, Libartysharetoken can accelerate transaction speeds, reduce the involvement of intermediaries, and lower transaction costs.

4. Anonymity: Libartysharetoken allows users to carry out transactions without revealing personal identity information, thus safeguarding individual privacy.

5. Decentralization: Libartysharetoken is not controlled by any central authority or government; its value and supply are determined by market demand and supply, making it significantly meaningful in terms of financial freedom and privacy.

Note: In the information above, LST may be confused with other cryptocurrencies (such as Lendroid Support Token). Lendroid Support Token is a different cryptocurrency, with the following main characteristics:

1. Symbiotic Link Infrastructure: Lendroid aims to overcome delays and practical barriers by creating symbiotic link infrastructure supported by incentives for participants.

2. Total Supply: The total supply of Lendroid Support Token is 11.329 billion LST.

Please ensure you are looking at the correct cryptocurrency information.

2. Who founded lst?

According to the provided information, LST (Lendroid Support Token) is not a cryptocurrency directly related to Bitcoin but is a token associated with the Lendroid project. Lendroid is a project aimed at addressing on-chain lending issues, and its token LST is used to support the operations and governance of the project.

If you are referring to the liquid staking token (LST), it is a token representing the staked amount on a Proof of Stake (PoS) blockchain, but there is no specific mention of who founded this token.

In summary, LST here has two different meanings: Lendroid Support Token and liquid staking token (LST), which are distinct concepts.

3. Which venture capitalists invested in lst?

Based on the provided search results, here are the venture capital firms and related projects that have invested in cryptocurrencies:

1. Tiger Global: Invested in multiple cryptocurrency projects, including:

2. Coinbase: The largest digital currency trading platform globally.

3. BlockFi: A financial institution providing cryptocurrency lending and trading services.

4. Matrixport: A one-stop digital asset financial services platform.

5. Babel Finance: A comprehensive cryptocurrency financial services provider.

6. Magic Labs: Provider of Ethereum-based Web3 application wallet solutions.

7. Draper Associates: Invested in:

8. Coinbase: Started investing in the seed stage.

9. Ripio: An Argentine company providing cryptocurrency wallet and exchange services.

10. BlockTower Capital: Invested in:

11. Aptos, Lighthouse Labs, and Maple Finance among others.

12. Sequoia Capital: Although not directly mentioning cryptocurrency investments, its investor Shen Nanpeng's investments in sectors like biomedical, mobile internet, hard technology, and new energy also intersect with cryptocurrency-related technologies.

13. Ribbit Capital: Invested in Coinbase, placing it among the top two global venture capitalists in 2022.

14. Andreessen Horowitz: Invested in Coinbase, with its investor Chris Dixon also ranking among the top two global venture capitalists in 2022.

4. How does lst work?

LST (liquid staking token) is a token representing the staked amount in a Proof of Stake (PoS) blockchain. It enables individuals to participate in staking while retaining the ability to buy, sell, or trade the token. Here is how LST operates:

1. Stake ETH: Users deposit ETH into a smart contract or exchange service as staking.
2. Receive LST: Users receive a transferable ERC20 token (LST) that represents the value of the underlying staked ETH and accumulates staking rewards.
3. Liquidity and composability: LST has liquidity, allowing free exchange for other assets or transfer to other addresses, and also has composability, enabling use in any DeFi protocol accepting ERC20 tokens.
4. Manage underlying stake: The LST protocol itself manages the underlying deposits, staking, and withdrawal mechanisms, providing convenience and liquid staking yields for users.

Some LST protocols also offer additional features, such as:

• Pendle: Allows the creation of fixed-rate bonds and volatile tokens, where the latter's price varies with changes in staking APY.
• unshETH: Provides an LST index product that allows users to swap between different LSTs and increase yields through swap and mint/redeem fees.

In summary, LST facilitates user-friendly staking participation while leveraging DeFi protocols by providing liquidity and composability, thus avoiding the complexities of directly operating validators and the restrictions of lock-up periods.