Lido Finance

Lido's stETH is now live on Deribit! Key Features: - Trade stETH against ETH/USDC at zero fees. - Earn daily stETH staking rewards. - Use stETH as reward-generating collateral. Find more info here: https://lnkd.in/d-PjjjmS.

Presenting the Lido Community Staking Module (CSM) testnet on Holesky! Overview: • CSM testnet is live for eligible 'Early Adoption' participants; • CSM opens to everyone in mid July; • High-performing testnet participants may qualify for mainnet 'Early Adoption'; • Running CSM validators is similar to running vanilla validators. Get started here: https://lnkd.in/dqpw_n-k

Lido contributors are heading to EthCC 🇧🇪 Come find us to talk all things Ethereum and liquid staking. If you're interested in scheduling a meeting or organising a time to chat with contributors, get in touch via the form below: https://lnkd.in/dr97qwBS

Lido Finance is launching Community Staking Module testnet next Monday, July 1! Do not miss your chance to join among the first Early Adopters! Check your eligibility here https://lnkd.in/dnU3dRYT

Blockworks has covered Lido's stETH, its key features, liquidity profile and more in a report on the growing role of staked ETH as an institutional grade product. Check the full report here: https://lnkd.in/dXY-Ukb5

The Lido Simple DVT Module is here 🌐 72 net-new Node Operators, including solo stakers, powered by Obol-based Distributed Validator Technology (DVT), are ready to run validators. Net-new ETH deposits to Lido on Ethereum will be automatically directed by the Staking Router to the Simple DVT Module until the module reaches the limit of depositable validators (or maximum capacity). https://lnkd.in/d6mwCkbZ

The DAS2024 panel featuring Hashnote, Copper, Deribit, Cumberland & Blockworks discussed the role of stETH, a reward-bearing token minted by staking ETH through the Lido Middleware. They described stETH as a potential replacement for ETH on exchanges due to its ability to generate rewards while still depicting the value of ETH. Hashnote's use of stETH as collateral in their options vaults further highlights the growing DeFi trend of leveraging multiple reward-generating products. Watch the full clip here: https://lnkd.in/d7a5cPz2

Hashnote has launched a regulated fund vehicle built on top of Lido Finance Staked #Ethereum (stETH), offering an institutional-grade liquid staking solution. This Institutional stETH Fund combines complete on-chain transparency with a regulated framework, adhering to standards set by the Commodity Futures Trading Commission (CFTC) and the Cayman Islands Monetary Authority (CIMA), serving both U.S. and international entities. With the rising demand for liquid staking, evidenced by 24% of all ETH supply being staked via liquid tokens, integrating a new Digital Asset class into a regulated fund structure presents complex security, regulatory, and infrastructure challenges. The collaboration between Hashnote and Lido offers a solution that addresses these challenges, providing a secure, compliant, and transparent pathway to liquid staking for regulated institutions. Furthermore, Hashnote’s Lido stETH liquid staking solution clients are able to take advantage of Hashnote’s option vault to generate even higher yields without the need to give up staking yields. Full announcement in the comments ⬇

The Lido DAO has approved the deployment of the Simple DVT Module - a step towards rapidly diversifying the Lido Node Operator set and driving innovation within the Ethereum staking ecosystem. New to DVT? Here's everything you need to know: https://lnkd.in/dRwwd-gu

LidoConnect is here ✨ Follow along for a day of liquid staking talks, panels & workshops in the heart of Istanbul. 🎥 : https://lnkd.in/gKKXjw3u