Lido Finance

Institutional Grade Liquid Staking. Visit Lido Institutional to understand the benefits of using Lido's stETH for Institutions. lido.fi/institutional

Grayscale launches Lido DAO (LDO) Trust to expand Ethereum investment offerings and provide institutional and accredited investors with exposure to tokens central to the Ethereum ecosystem. "This initiative reflects the vital role of the Lido DAO contributors in advancing tools like the Lido protocol that makes staking simple, secure, and decentralized. As staking sees wider institutional adoption, stETH, the liquid staking token powered by the Lido protocol, is poised to bridge the gap to traditional finance through ETFs and similar products, all while contributing to Ethereum’s strength and resilience." -- Kean Gilbert More information here: https://lnkd.in/dfnP2Qzs

The world of exchange-traded products (ETPs) is evolving rapidly, driven by demand for innovation, rewards and accessibility. As Ethereum staking continues to grow in prominence, stETH, Lido protocol’s liquid staking token, is emerging as an alternative for ETP issuers. By combining staking rewards with liquidity and utility, stETH offers a unique value proposition that can set ETPs apart in a competitive market. Learn about the benefits of using stETH here: https://lnkd.in/dUmn5DWa

In case you missed it: See the following case study for a comparison of different collateral types when selling ETH call options: USD (fiat), ETH (native token), and stETH (liquid staking token) completed in collaboration with Wintermute. Key takeaway: The case study illustrates how liquid staking tokens can provide higher total payoff in certain trades and (alongside native tokens) result in a smaller operational burden on margin management. Full case study here: https://lnkd.in/dtTvB44q

With the recent Fireblocks integration, users can now stake their ETH, get rewards, and use stETH for on-chain activities - including the Fireblocks Off Exchange - allowing Fireblocks users to lock their stETH in a self-custodial collateral wallet to trade on exchanges like Deribit and Bybit. Learn how to get the most out of using stETH as collateral on Fireblocks below: https://lnkd.in/dDiSYGHp

Deribit enables stETH for Cross Collateral! With this independent integration, Deribit has enabled stETH holders to use their assets as collateral across Deribit's trading suite, including options, futures, and perpetual contracts. By using stETH as collateral, users maintain their staking rewards from Ethereum, even as they leverage the asset to support active trading positions. Full story here: https://lnkd.in/dVpspE4y

Lido contributors are excited to announce that L1 has successfully integrated Lido’s liquid staking middleware into their digital asset advisory platform! With this integration, L1 advisors can now seamlessly recommend to their clients to stake ETH using Lido’s liquid staking middleware. More info: https://lnkd.in/d8i-uESu

Ceffu, a trusted institutional custodian has integrated Lido’s prominent liquid staking middleware for Ethereum. Through this integration, Ceffu will provide custody and staking support for staked Ether (stETH) within its Qualified Wallet, an industry-leading cold storage solution. More information here: https://lnkd.in/dDNYKqGC

𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐢𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐬𝐭𝐚𝐤𝐞𝐝 𝐭𝐨𝐤𝐞𝐧𝐬 𝐚𝐬 𝐜𝐨𝐥𝐥𝐚𝐭𝐞𝐫𝐚𝐥 𝐢𝐧 𝐜𝐫𝐲𝐩𝐭𝐨 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 Together with Lido Finance, we analyzed an ETH call option trade, comparing how fiat, ETH, and stETH as collateral affect payouts and operational efficiency. See our findings: https://lnkd.in/gwKPEdwT — Disclaimer: Derivatives trading is offered by Wintermute Asia (Singapore).

Q3 2024 has seen multiple institutions unveiling their integrations of stETH to provide their users with access to Lido’s liquid staking middleware. Amongst others, these include: - Deribit: a cryptocurrency exchange that has enabled the launch of trading and use of stETH on their platform.  - Wintermute: an algorithmic trading firm offers stETH OTC and accepts stETH as collateral on their platform. - Fireblocks: a platform delivering an infrastructure for moving, storing, and issuing digital assets that has enabled its users to stake their ETH through Lido’s liquid staking middleware for Ethereum. Check the full Lido Institutional Q3 Recap here: https://lnkd.in/d8XD6kv4