Lido Finance Launches Liquid Staking Application For Institutional Clients

Quick Summary:

Lido Finance has launched its liquid staking application for institutional clients who want to stake large amounts of ETH.  Introducing Lido Institutional.pic.twitter.

That offers them a capital-efficient advantage of using the STETH tokens on other DeFi protocols to earn yields above the staking rewards—a feature missing from traditionally staking ETH.

The new staking implementation launched specifically for such clients will bring improved security integrations obviously needed to oversee the safe handling of large volumes of ETH.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: Liquid Staking Application Institutional clients News Latest News Launches Lido Finance

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 20:45:36 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 345 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21921592

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 8 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 15 hours ago

Coverage Areas: India

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Publisher ID: #121

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