Liquid staking protocol Lido (LDO) has set a May target for staked Ethereum (stETH) withdrawals. The protocol explained that its timeline was affected by the ongoing audits of its V2 platform. Lido spent $1.2 million on seven audits In a March 14 Twitter thread, the DeFi protocol said it had spent $1.2 million on seven…
Lido (LDO) staked Ethereum (stETH) traded at a discount to Ethereum (ETH) on Curve after a whale removed 84,131 ETH ($101 million) from the protocol, allowing arbitrageurs to profit from the situation. Peckshield also reported that a whale withdrew 42,400 stETH from Aave. #PeckShieldAlert A Whale has withdrawn ～42.4k $stETH (~$50M) from Aave Protocol V2…
Lido, a multichain liquid staking solution, and Idle DAO, a decentralized organization building financial products for Web3, have partnered to launch a novel DeFi primitive. The newly launched stETH Perpetual Yield Tranches (PYTs) were designed to target the more risk-averse segment of the DeFi market, offering an APR ranging from 1.8% to 8%. Idle DAO…
Ethereum‘s largest staking platform, Lido, recently announced adopting stETH/USD Chainlink Price Feed. stETH is the platform’s tokenized form of staked Ethereum, that combines the value of the staked deposit with staking rewards. The next wave of integrations for Lido’s staked asset “Lido is excited to announce that we are now sponsoring the first in a…