Crypto Lender Maker Turns to Staked Ether to Cut back USDC Affect

Crypto Lender Maker Turns to Staked Ether to Cut back USDC Affect

by Jeremy

Some $49 million value of stETH has flowed into the vault because the ceiling was raised, information from monitoring service Daistats reveals. Staked ether is a token equipped to customers who lock up ether on Lido, a staking service, and obtain the stETH tokens in return. Greater than 245,377 stETH is locked on Maker, the information present. Maker has a complete worth locked of $8.4 billion.

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