Earn Points at Lido Collaboration between Mellow Finance and Symbiotic in the Race for stETH ReStaking Market

Lido announces a new partnership with Mellow Finance, one of the founding members of the Lido Alliance, to provide advanced DeFi vaults for stETH holders, including a re-staking strategy developed in collaboration with Symbiotic. This update is expected to enhance the utility and liquidity of staked ETH, while also offering Ethereum stakers new re-staking opportunities. Lido’s move comes following the re-staking trend sparked by EigenLayer, and represents the native creation of re-staking business.