- Lido V2 Expands ETH Staking – Lido DAO enhances Ethereum staking with Lido V2, boosting accessibility, security, and liquidity for users.
- ether.fi Introduces eETH – ether.fi launches eETH, a non-custodial liquid staking token with DeFi integration, staking rewards, and a crypto-native credit card.
- SmarDex & USDN – SmarDex revolutionizes DEX liquidity with USDN, a decentralized synthetic dollar, and advanced tools to combat impermanent loss.
The Arbitrum ecosystem is buzzing with innovation, and top tokens like Lido DAO (LDO), ether.fi (eETH), and SmarDex (SDEX) are leading the charge. These projects redefine staking, liquidity, and DeFi rewards, making them some of the most compelling investments in the space today.
Lido DAO(LDAO) Expands Staking Solutions with Lido V2 Update
Source: Coinmarketcap
Lido DAO promotes decentralized autonomous organization development through its new version 2 of Liquid Staking infrastructure (Lido V2). Lido DAO has upgraded their liquid staking solutions platform to maximize Ethereum user accessibility while providing enhanced security when staking.
Lido DAO allows users to stake Ethereum without requiring the minimum 32 ETH typically needed for individual validator operations. By pooling ETH from multiple users, Lido eliminates technical barriers and simplifies the staking process. The platform issues stETH tokens in exchange for staked ETH, enabling users to earn staking rewards while maintaining liquidity.
ether.fi(ETHFI) Introduces Non-Custodial Staking with eETH
Source: Coinmarketcap
The decentralized staking protocol ether.fi provides self-staking services to crypto users who want full control of their staking key ownership. Users can implement non-custodial delegated staking through this platform to stake ETH without relinquishing control over their private keys.
Users can mint eETH, a liquid staking token that enables automatic restaking and integration with various DeFi protocols. Additionally, ether.fi offers multiple reward streams, including Ethereum staking rewards, loyalty points, and restaking incentives through EigenLayer. The protocol also plans to launch a crypto-native credit card that provides cashback rewards for staking, enhancing real-world utility for users.
SmarDex(SDEX) and the Introduction of USDN
Source: Coinmarketcap
SmarDex represents a decentralized exchange (DEX) together with automated market maker (AMM) technology which brings novel solutions for better liquidity provision. SmarDex operates through multiple blockchain networks, Ethereum alongside Binance Smart Chain and Polygon as well as Arbitrum and Base to provide users with efficient trading platforms at reasonable costs.
One of SmarDex’s key developments is USDN, a synthetic dollar designed to replace traditional centralized alternatives. USDN operates as a decentralized, on-chain solution, ensuring transparency and security. By integrating advanced Volatility Vaults and fictive reserves, SmarDex also addresses impermanent loss, converting it into potential gains for liquidity providers. The platform’s native token, SDEX, enables staking and farming opportunities, encouraging long-term user participation.
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