We are excited to deepen our collaboration with dForce, make Arbitrum the first stop of the Aspida Layer2 Campaign Season.

In this collaboration, we are launching a lucrative 5X Boost Vault on the Arbitrum platform. This vault aims to enhance the liquid staking landscape and offer enhanced earning opportunities for our users.

Aspida & dForce

dForce has developed a comprehensive suite of web3 infrastructure protocols, including standardized decentralized stablecoins, general money markets, yield tokens, RWA tokens, and more. dForce is also committed to developing protocols that can significantly enhance liquidity in the Bitcoin L2, DePIN, and decentralized AI ecosystems.

Having emerged as one of the protagonists of the previous dForce Arbitrum STIP campaign, Aspida stands out as an pioneering liquid staking infrastructure aimed at elevating LST assets. Aspida collaborates with Distributed Validated Technology (DVT) solutions such as SSV to decentralize validator sets and integrate native staking via Eigenlayer for optimized yields.

In a recent collaboration, we together hosted a successful vault campaign on Arbitrum, resulting in impressive outcomes: with over 2,100 ETH staked, the total value surged past 8.61 million. (For more information, please check out: Aspida-dForce LSD Vault Campaign Summary).

saETH and USX

$saETH, an essential token in the Aspida ecosystem, functions as a staking ETH LSD token and is compliant with the ERC-4626 standard. By staking $aETH, users can obtain $saETH and take advantage of its leveraged yield structure, enabling them to enjoy higher yields in comparison to native staking.

USX, the decentralized stablecoin developed by dForce, is designed to be interoperable and seamlessly integrated across all layers of the ecosystem, providing a comprehensive solution for stable value exchange.

5X Boost Vault

With the Vault, users can deposit their saETH to mint USX against them at a fixed interest rate (Detailed parameters can be checked here: Introducing the saETH Vault: A New Era for Liquid Staking and USX!).

Platform: Arbitrum

Duration: 12 weeks, from 27th June till 19th September

How to Earn: User mint USX with saETH

Rewards:

• Aspida Points:Earn 50 Shields (Aspida Points) per hour for providing liquidity (10 base Shields with 5X Boost for this pool).
• ARB: The initial allocation is 12,500 $ARB tokens in the first week (June 27nd — July 3th,2024), and the incentive amounts will be regularly reviewed and updated on a weekly basis. (The incentive will be in effect for three months.）

Entrance: Participate Now

Come to Participate

We welcome all users to delve into this 5X Boost Vault on Arbitrum and leverage the heightened earning opportunities they present. Join us in shaping the decentralized finance landscape, earning rewards, and contributing to the liquidity and stability of cryptocurrency assets.

And If you have fantastic suggestions for the Aspida Layer 2 Campaign Season, we invite you to join our community for engaging discussions 👉 : Telegram丨Discord; For potential collaborations, please reach out to us at aspidabd@gmail.com. Thank you for your valuable support!

Get involved in our celebration from now!

FAQ

What is Aspida?

Aspida is an efficient liquid staking protocol that offers a decentralized, secure, and highly compatible staking service and LSD assets. By leveraging the power of liquid staking, Aspida allows participants across different layers and networks to earn profitable rewards while maintaining the flexibility to participate in multiple staking opportunities.

Website: https://aspidanet.com/

What is Aspida Layer 2 Campaign Season?

The Aspida Layer2 Campaign Season is a special initiative designed to express gratitude to our users for their unwavering support. With the official launch of Aspida Bridge, leveraging Layer 2 networks to boost staking efficiency in the DeFi Ecosystem, we have reached a significant milestone. To commemorate this milestone, Aspida is thrilled to kick off this engaging campaign season to show appreciation for all our users’ continuous support!

What are Shields?

Each Shield represents a share of the Aspida Airdrop, which will ultimately provide the holder with governance tokens after the TGE(Token Generation Event). Governance rights will be distributed to early community members.

What is $aETH?

$aETH, a pivotal token in the Aspida ecosystem, serves as a deposit certificate pegged at a 1:1 ratio with ETH. Holders have the flexibility to unstake their $aETH to either redeem ETH directly or exchange it through Aspida’s liquidity module or external decentralized exchanges (DEX).

What is $saETH?

$saETH, an essential token in the Aspida ecosystem, functions as a staking ETH LSD token and is compliant with the ERC-4626 standard. By staking $aETH, users can obtain $saETH and take advantage of its leveraged yield structure, enabling them to enjoy higher yields in comparison to native staking.

What is dForce?

dForce advocates for building a complete set of DeFi protocols covering assets, lending, and trading, serving as DeFi infrastructure in Web 3. It is currently deployed on Ethereum, Arbitrum, Optimism, Polygon, Binance Smart Chain (BSC), and KAVA.

Website: https://dforce.network/

App: https://app.dforce.network/

What is Arbitrum?

Arbitrum is a cryptocurrency network, designed as a scalability solution for the Ethereum blockchain. It is a layer 2 protocol that aims to make Ethereum (ETH) transactions faster and more affordable, thus increasing the network’s scalability.

Website: https://arbitrum.io/

What is $ARB?

The $ARB token is an ERC-20 governance token that allows its holders to participate in the Arbitrum DAO’s on-chain governance protocol. The $ARB token is minted by a smart contract that lives on Arbitrum One, a Layer 2 Arbitrum rollup chain.