lsMATIC launches

lsMatic “Liquid Staked MATIC Index Token” is live!

Liquid Staked MATIC Index Token (lsMATIC) by ReverseDAO is community managed, no-fee-ever, index token composed of leading liquid staked MATIC tokens. While these staking tokens deliver the needed decentralization, they unfortunately fragment liquidity. lsMATIC solves that by pooling top liquid-staked Matic tokens into a single no-fee index token managed by the Reverse DAO.

lsMatic: 0x858bCEE0E62dd0c961611ddDDB908767B0ce801C

Mgmt Fees: 0%

Composition:

• stMATIC by Lido (0x3a58a54c066fdc0f2d55fc9c89f0415c92ebf3c4)
• MATICX by Stader Labs (0xfa68fb4628dff1028cfec22b4162fccd0d45efb6)
• ankrMATIC by ankr (0x0e9b89007eee9c958c0eda24ef70723c2c93dd58)
• csMatic by ClayStack (0xfcbb00df1d663eee58123946a30ab2138bf9eb2a)

Rebalancing: The DAO-governed Reverse community, uses the $RVRS token to determine rebalances as well additions and removals of liquid staked MATIC tokens into this index token to keep its’ desired composition.

Launch date: lsMATIC is now available for trading on leading Polygon aggregators/DEXs (kyberswap, paraswap, balancer, sushi-swap) and has bootstrap liquidity provided by the Reverse DAO on Balancer.

Liquidity-as-a-Service

The ‘Reverse DAO’ runs under the vision that LaaS (Liquidity-as-a-Service) is a common good. Let’s explain what that means.

lsMatic is a no-fee-ever index token. ReverseDAO provides this ‘liquidity as a common good’.

Liquidity is thought of in terms of financial markets and measures the strength of an asset. The description is the ability of an asset to be easily and quickly converted into cash.

Example: A $4 loaf of bread that you buy at the grocery store seems a simple example … it’s worth $4. The farmer and the bread company spent a lot of effort to make that load of bread. It definitely is worth $4. But once you own it, try to sell it back to the store or your neighbor and see if you can get $4 for it 🙂 Not very liquid.

In crypto, tokens are healthiest where there is sufficient liquidity to keep prices stable and reduce market volatility. This is particularly important for smaller tokens or emerging spaces such as ReFi. There are many exciting projects, especially in the ReFi (regenerative finance) space, that are worthy of your support via buying & holding their token. Most are busy building products, services or community and support in the financial aspects of the market is tremendously helpful.

Greater liquidity helps with some of the risks of being a small-cap token or initial low demand by providing space to grow.

What’s next

Reverse DAO is the leader in ReFi liquidity. Although the underlysing tokens of lsMatic are not technically ReFi token, ReverseDAO supports Polygon as a sustainable platform used by numerous leading ReFi projects. Read more at https://polygon.technology/sustainability

lsMatic is just the beginning. As our DAO’s portfolio grows, we will be supporting numerous ReFi liquidity initiatives.

Stay tuned for exciting index tokens ready to launch, such as the upcoming “1CT” (our DAO’s index tokens tied to 1 tonne of carbon removal).

Reverse DAO’s index tokens accrue management fees to the Reverse DAO and utilize the $RVRS utility token for all management decisions using snapshot voting. HOLD $RVRS to participate in governing the future of ReFi liquidity.

About Reverse DAO community

Investing in the environment allows you to “do well while you are doing good”.

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If you have any questions about the club or the $RVRS utility token, reach out on Discord or by email to help@ReverseClimateChange.com