The Shanghai LSD Catalyst

Crypto’s all about experimentation, and today we’re introducing something new to Defi Maximizer. Welcome to Pat’s Picks, where we share narratives, projects and tokens that we’re watching, and consider to have significant growth potential.

(Never confuse anything in this newsletter as constituting financial advice.)

In this first installment, let’s focus on the biggest on-chain catalyst on tap in 2023: the upcoming Shanghai (or Shapella) upgrade to Ethereum, which will allow users to withdraw their staked $ETH.

There’s a ton of compelling projects involved in $ETH staking and Shanghai, but we find one project particularly interesting that isn’t one of the major players (yet) and has shown potential beyond the Ethereum (un)staking narrative.

Read on to find out more!

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