DragonLRT is a cross-chain liquid staking protocol, expanding on traditional restaking models. It enables the staking of multiple LSTs and helps unlock liquidity with Liquid Restaking Tokens (LRTs).
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DragonLRT allows users to restake Liquid Staking Tokens and mint Liquid Restaking Tokens (xLRTs).
Our innovative approach reduces complexity and risk while enabling seamless cross-chain operations, setting a new standard in liquid restaking solutions.
DragonLRT protocol issues unique Cross-chain Liquid Restaking Tokens (xLRTs) for each staked asset. These xLRTs offer higher liquidity and integration across multiple blockchains, enhancing asset utility in DeFi.
Part of the fees collected from the protocol goes into a fund that supports the value of the $FIRE token. The only way to access these funds is to burn the $FIRE token and Fire Fund is going to be composed of yield-generating tokens.
Staking $FIRE will also generate $esFIRE in addition to the income from protocol. $esFIRE can either be exchanged back to $FIRE or represent the protocol governance rights. This significantly reduces selling pressure on $FIRE
Low Risk Investments
Enhanced Yields
DeFi Composability & Liquidity
Scalability & Efficiency
Liquidity Assurance
Ethereum Ethos Alignment
By staking and locking $FIRE, users can receive the protocol revenue rewards and high $esFIRE returns. While earning additional staking rewards, users will not miss out on the long-term growth dividends of ETH.
In a simple way, DragonLRT aims to help users be long-term on ETH restaking and receive a high, stable revenue stream.
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