MakerDAO Integrates Lido's Staked ETH (wstETH) as Collateral Asset MakerDAO has succesfully integrated Lido’s stETH on the Maker protocol, allowing users to deploy their stETH as collateral to mint DAI, leverage liquidity positions and maximise their staking yields across the DeFi space.
Referral Program: Six Period Review Lido referral program was launched on July 19th, 2021 (see blog post) with the goals of increasing the number of active stakers and partners (wallets and protocols), grow Lido TVL, and promote the benefits of stETH. After four months the results have been incredible.
Liquidity mining on Balancer wstETH/WETH MetaStable Pools Lido has integrated with Balancer v2 to launch a wstETH/WETH MetaStable pool with a liquidity mining program. This implementation allows users to have access to more forms of stETH liquidity as well as improving the efficiency and interconnectivity of protocol integrations.
Lido Referral Program - 1st Period Review We are excited to share the results of the first two weeks of Lido's referral program. The referral program was launched on July 19th 2021 (see blog post) and the first payout week starts on the 3rd. Referral rewards for this period are now available to be claimed via DeversiFi.
How To: A Guide to Collateralizing stETH with ARCx To improve the productivity and liquidity of stETH across the Ethereum space, Lido has integrated with ARCx. Lido has committed to allocating 100,000 LDO tokens for the first month of this initiative whilst ARCx will be allocating 125 ARCX tokens.