lisUSD Saving Rate (LSR)
LSR: A New Staking Product for lisUSD
The LSR (lisUSD Savings Rate) is a new staking product designed to replace the existing lisUSD staking pool. This upgrade offers users more flexibility and a streamlined experience while maintaining attractive earning opportunities.
Users who currently hold assets in the existing lisUSD staking pool will need to manually withdraw and migrate their assets to LSR. While there is no set deadline for migration, the current pool will no longer receive incentives, and its user interface will be maintained only until June 30, 2025. The staking contract will remain active until all assets are withdrawn.
The LSR introduces several enhanced features. It will offer a fixed interest rate that will initially be adjusted manually. The LSR pool will be capped at 30 million lisUSD to ensure sustainability, and no additional deposits will be allowed once the cap is reached. Withdrawals, however, will remain open.
Deposits and withdrawals can be made at any time, provided there is enough lisUSD in the pool. If the pool lacks sufficient liquidity, users will be able to withdraw their funds within a maximum of 14 days. The interest earned in LSR will compound per block, allowing users to benefit from exponential growth as today’s interest becomes tomorrow’s principal.
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