EtherFi + Symbiotic LRT — New Super Symbiotic Strategy.
They've quickly integrated and are attracting users to the new re-staking protocol from Lido — Symbiotic, through EtherFi.
Under the hood, three intermediaries:
Seven Seas: Strategy and vault contracts developer.
Veda (https://veda.tech/): Multi-chain liquidity management layer. ETH and Stable Liquid Vault are also moving to Veda smart contracts on June 12th (https://etherfi.gitbook.io/etherfi/liquid/upgrade-of-eth-yield-vault#overview).
Symbiotic: The protocol and LST providers.
Users can deposit any LST tokens and earn Symbiotic Points, 3x Ether.fi Points, and 3x Veda Points. With the new Super Symbiotic LRT vault, re-staking in Symbiotic is easier:
Deposit Options:
wETH, eETH, weETH, wstETH, and more. Note: no Eigen Layer points.
Deposit to receive weETHs, the Super Symbiotic LRT token, usable in DeFi.
No need to monitor Symbiotic limits. The vault auto-deposits assets, transferring 100% earned Symbiotic Points when expanded. 1 reply
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