TechFlow reports that Lido has partnered with Mellow Finance and Symbiotic to launch a new restaking product.
Lido is currently the largest DeFi protocol on Ethereum, with deposits valued at $27 billion. Meanwhile, StETH has become one of the most widely adopted assets in DeFi.
Lido has also launched the Lido Coalition, aimed at safeguarding StETH's role within DeFi. Hasu, Lido's Strategy Lead, introduced the reGOOSE strategy to help Lido manage risks associated with restaking. Through collaboration with Symbiotic, Mellow Finance has built a permissionless vault.
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