Lido Introduces ‘Restaking Vaults’ in Collaboration with Symbiotic, Mellow Finance

Lido Introduces ‘Restaking Vaults’ in Collaboration with Symbiotic, Mellow Finance

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Source: Coindesk.com

Lido, the Ethereum staking stalwart, has recently been grappling with the frenzy around "restaking," a new trend that threatens to erode the staking platform's grip on decentralized finance (DeFi).

Lido is controlled by the Lido DAO, a consortium of LDO token-holders who vote on protocol strategy and key upgrades.

A new initiative from

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The post "Lido Introduces 'Restaking Vaults' in Collaboration with Symbiotic, Mellow Finance" appeared first here Coindesk.com.

Source: Coindesk.com

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