Lido Launches Strategy Vault Using Mellow Core for Diversified DeFi Investments

According to Lido, the new stRATEGY Vault, built on Mellow Core, allows ETH-based deposits to access Aave, Ethena, and Uniswap strategies while earning Mellow points.

ETH
STETH
UNI

Summary

Lido announced the stRATEGY Vault, powered by Mellow Core architecture, offering diversified stETH-based strategies across Aave, Ethena, and Uniswap. Users can deposit ETH, WETH, or wstETH to receive strETH tokens, which enable participation in selected DeFi opportunities and accrue Mellow points. The initiative aims to streamline access to multiple yield-generating protocols within a single vault structure.

Terms & Concepts
  • Strategy Vault: An investment product that allocates capital across multiple strategies or protocols to diversify risk and optimize returns.
  • Mellow Core Vault: A vault technology enabling structured and automated allocation of assets across various decentralized finance protocols.
  • DeFi: Short for decentralized finance, it refers to blockchain-based financial services without traditional intermediaries like banks.