Lido debuts simplified Earn vaults with Veda and Mellow

Lido has launched Earn, a new tab on stake.lido.fi that surfaces curated strategy vaults aimed at making it easier, and comparatively safer, to put staked ether to work.

The first listing, GG Vault (GGV) by Veda Labs, offers one-click access to “blue-chip” DeFi strategies using ETH, WETH, stETH, or wstETH. A second listing, the Decentralised Validator Vault (DVV) implemented by Mellow, is slated to go live in mid-September.

Lido says vaults must clear the same security bar as its core protocol, according to Jakov Buratović at the Lido Ecosystem Foundation.

“To appear in Lido Earn…all production contracts must be audited by reputable firms before listing, with any…

Read more on Blockworks

25.7K Reads