Ethereum staking platform Lido launches restaking vaults in collaboration with Mellow Finance and Symbiotic

Ethereum staking platform Lido has partnered with Mellow Finance and Symbiotic to launch Restaking Vaults.

This new initiative will allow traders to use a restaking tool, which could help Lido’s stETH re-enter the restaking market. Lido is currently the largest decentralized finance protocol on Ethereum, with deposits valued at $27 billion.