Lista DAO, a decentralized platform focused on providing profits through collateralized cryptocurrencies, has recently announced a strategic partnership. The company has joined forces with Ether.fi, a decentralized liquid staking platform for Ethereum, to venture into the realms of Restaking and Liquid Restaking Tokens.
Key Points:
Earn 3x boosted @Ether_fi + EL points + Lista Stardust
Deposit $weETH on Lista DAO
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— Lista DAO (@lista_dao)
May 21, 2024
Lista DAO and Ether.fi Forge a Strategic Alliance
Through this collaboration, Lista DAO will leverage the expertise of Ether.fi and integrate weETH and LRT into its latest innovation zone. This integration will enable the use of weETH as collateral to borrow lisUSD. Depositors of weETH on Lista DAO will enjoy enhanced benefits compared to traditional financial incentives.
Depositors will receive rewards through a dynamic triple-reward system that includes Eigenlayer points, Ether.fi points, and Lista Stardust. This comprehensive rewards mechanism aims to increase value for users and foster greater engagement and participation. Various incentives will be offered to encourage active involvement.
Ether.fi’s non-custodial staking platform empowers users to maintain control of their keys. Additionally, Ether.fi provides a marketplace for node services, allowing node operators and stakers to offer infrastructure services. Consumers can also bridge their $weETH tokens to the Binance Smart Chain through the Stargate Finance portal.
To bridge tokens, users must access the Stargate Finance portal and navigate to the “Transfer” section. They can then select weETH in the “From” section and weETH on the BNB chain in the “To” section. After specifying the desired amount for bridging, users can complete the transfer through their wallet.
The Partnership Offers a 3x Boost in Points for weETH Deposits
Lista DAO has announced that Ether.fi is providing a 3x boost in points for weETH deposits as part of this collaboration. The strategic partnership aims to expand the ecosystem and provide innovative opportunities for users to grow their investments. It encourages active participation in the development of various protocols and assures the community of continued progress.
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ETH