KEY TAKEAWAYS
- The Verified Network integrates Lido’s stETH, enhancing staking capabilities for users across Europe and Asia.
- Lido’s middleware allows users to stake digital assets without maintaining hardware, offering rewards through node operators.
- This integration enables Ether holders to access staking services and earn rewards from tokenized real-world assets via Verified Network’s applications.
The Verified Network, a decentralized network of financial services providers across Europe and Asia, has announced the integration of Lido’s stETH into its platform. This development enables users to leverage Lido’s liquid staking middleware, facilitating participation in the Ethereum and Polygon blockchain network validation process.
Lido is an open-source middleware that allows users to stake their digital assets without the need to maintain hardware individually. By connecting with node operators, users can earn network staking rewards. Additionally, Lido’s middleware supports interaction with various third-party decentralized finance (DeFi) applications that have integrated stETH or stMATIC.
With this integration, Ether holders can now access Lido’s liquid staking services through Verified Network’s web and mobile applications. This access not only provides staking rewards but also offers the ability to restake stETH and earn rewards from tokenized real-world assets (RWAs). The integration aims to enhance the utility and accessibility of staking for users across the network.
For more details, the announcement can be found here.
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