LSD Launches as First Staking App on Solana Mobile

The LSD app debuts on Solana Mobile, marking a milestone for decentralized finance (DeFi) use on the Solana blockchain ecosystem.

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Terms & Concepts
  • Staking: The process of locking cryptocurrency in a blockchain network to support its operations and earn rewards.
  • Solana Mobile: A mobile platform and device ecosystem designed to integrate and support Solana blockchain applications.
  • DeFi: Short for decentralized finance, it refers to blockchain-based financial services without centralized intermediaries.