Congratulations to our partner, @ADI_Foundation, on this major milestone for 🇦🇪
Institutional adoption requires compliant, scalable and secure rails. @ADIChain_, built on ZKsync, was designed for this: to support the next generation of sovereign digital asset infrastructure.
Institutions want to build on Ethereum and leverage its incorruptibility, hard finality, and global liquidity.
But many financial use-cases can’t be run on a chain where everything is public by default.
Here’s how Prividium extends Ethereum for enterprises:
SparkLend is now the largest wstETH holder in the world!
SparkLend is the largest and most liquid venue for ETH looping, e-mode enabled for wstETH collateral exclusively.
See more here: https://t.co/2PuxgceeUu
A proposal for Lido DAO to contribute to @aave’s coordinated rsETH relief effort has landed on the Research Forum following this week’s Kelp's rsETH LayerZero bridge exploit.
The proposal authorizes a one-time, capped contribution of up to 2,500 stETH to a dedicated relief vehicle, solely as part of a fully funded recovery package. The proposal is designed to reduce broader ecosystem spillover and support an orderly resolution for affected users.
DeFi United. Read more below:
https://t.co/6RsmdW2R6t