0xAcid, LSD asset return optimization protocol, raises 4,000 ETH on Arbitrum

0xAcid, an agreement on Arbitrum aimed at maximizing returns on LSD assets, completed a public token sale, raising 4,000 ETH, or approximately $6.28 million. According to the official website information, the 0xACID protocol operates in a fair startup mode, in which 100% of the revenue generated is distributed to ACID token holders, without the participation of VC. According to the 0xAcid document information, 0xAcid was incubated by the Toxin Lab team, whose previous project was MeteversePRO (later renamed CongruentFi), which released its entire treasury to token holders before the market crashed last year. The CongruentFi project website and twitter are now down.