This Week In DeFi – June 17

To the DeFi community, This week stablecoin issuer Circle has announced the launch of Euro Coin (EUROC), a new stablecoin pegged to the euro. The new token will be available as of June 30, beginning as an ERC-20 token on the Ethereum network and expected to expand to other blockchains later in the year. 1/ … Read more

This Week In DeFi – June 10

To the DeFi community, This week Ethereum completed its Ropsten testnet merge – a test-run of the network’s most major upgrade to date. The merge will now be monitored for any inconsistencies or bugs, with some developers deploying their dApps on the testnet to assist with the process. Additional merge tests will be run on … Read more

Lido stAssets Collateral Risk Monitoring

Lido, being the leading liquid staking protocol and the second largest DeFi protocol by TVL, has been integrated across a number of DeFi protocols. Lido integrations aim to let its depositors use their Lido staked assets (stAssets) to gain a yield on top of their original staking yield. In other words, you may use your … Read more

This Week in DeFi – May 6

To the DeFi community, This week Tron’s new algorithmic stablecoin USDD has gone live, with promises of a 30% annual yield. Following in the footsteps of the Terra USD’s Luna Foundation Guard, Tron DAO is seeking to accumulate $10 billion in reserves for the stablecoin to stabilize its price. If successful, USDD may suck some … Read more

The Next Chapter for Lido

With the Ethereum Merge approaching, staking on the Beacon Chain is booming as expected. The blockchain is now secured by over US$35B equivalent (at today’s prices) in staked assets, and 75% of new stakers who joined in the last 30 days have done so via Lido.   While this validates our mission to democratize staking … Read more

A New Era For Lido on Solana

In September 2021 Lido launched liquid staking for Solana in collaboration with the Chorus One team. Since then we have seen tremendous momentum, with 3,000,000+ SOL staked and countless stSOL integrations paving the way for stSOL within the flourishing Solana ecosystem.   Lido on Solana was initially developed by the Chorus One team as part … Read more

Lido for Polygon

Phase 1 of Lido for Polygon is here. Get started on polygon.lido.fi.   Today we’re pleased to bring you Lido for Polygon. Lido for Polygon, developed in collaboration with Shard Labs, is a liquid staking solution for MATIC.   MATIC holders can now seamlessly earn staking rewards on their tokens without the need for complex … Read more

Aave Integrates Lido’s stETH as Collateral

Aave, a lending platform that allows users to borrow and supply assets, has integrated Lido’s stETH as a collateral asset on their platform. Users can now borrow assets against their stETH all the while retaining their Ethereum staking rewards whilst stETH is supplied as collateral.   Lido’s stETH is a liquid token representative of staked … Read more