Lido Finance,?? ????? ???? ?????? ?????? ?? ?????? ????? ?????? a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic.
Lido Finance is the largest platform for liquid staking services on Ethereum. Powering DeFi and CeFi applications alike with their technology, Lido Finance empowers stakers to put their staked assets to use on their supported networks: Ethereum, Solana, Polygon, and Polkadot.
This first phase of this joint initiative is set to bring liquidity providers over $120,000 in liquidity mining rewards, with more incentives to come in the near future.
What is KyberSwap Elastic?
KyberSwap’s newest protocol, dubbed Elastic, is a tick-based AMM that gives Liquidity Providers (LPs) the advantages of concentrated liquidity and the flexibility to achieve capital efficiency and manage risks.