Massive staked Ethereum withdrawals by whales allow arbitrageurs to profit

Lido (LDO) staked Ethereum (stETH) traded at a discount to Ethereum (ETH) on Curve after a whale removed 84,131 ETH ($101 million) from the protocol, allowing arbitrageurs to profit from the situation. Peckshield also reported that a whale withdrew 42,400 stETH from Aave. #PeckShieldAlert A Whale has withdrawn ~42.4k $stETH (~$50M) from Aave Protocol V2 … Read more

stETH sees growth in APR, yet fails to deliver on the price front because…

stETH clinched an all-time high in its APR since the Merge Recent market downturn caused by FTX’s collapse has made it hard for its price to see much positivity stETH, the tokenized form of staked Ether native to Lido Finance, saw a jump in its annual percentage rate (APR) to an all-time high of 10.7% … Read more

Lido’s latest market move could have ETH stand here despite market conditions

Lido [LDO] witnesses a massive uptick in APR Validators on Ethereum also showed interest along with large addresses On 13 November, the Lido proposal led to the surge of the allowable APR from 10% to 17.5%. The proposal at hand also led to Lido stETH APR touching 10.2%. Yesterday, the Lido 143 proposal increased the … Read more

Potential ETH investors have all the reasons to bet on stETH this financial quarter 

Over the past month, Lido’s staked ETH managed to trade above Ethereum. This development could be attributed to the success of the Merge. It also led to investors having increased interest in stETH due to a sense of reduced risk and lower uncertainty around PoS future rewards. ______________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Lido Staked … Read more

Lido and Idle DAO launch new risk-adjusted ETH 2.0 staking products

Lido, a multichain liquid staking solution, and Idle DAO, a decentralized organization building financial products for Web3, have partnered to launch a novel DeFi primitive. The newly launched stETH Perpetual Yield Tranches (PYTs) were designed to target the more risk-averse segment of the DeFi market, offering an APR ranging from 1.8% to 8%. Idle DAO … Read more