Lido, Chainlink and LI.FI launch one-click cross-chain ETH staking

LI.FI Integrates Chainlink To Support One-Click, Cross-Chain wstETH Staking

Leading bridge aggregator protocol LI.FI has integrated Chainlink’s industry-standard oracle platform to support one-click, cross-chain staking for Lido’s wstETH. WstETH (wrapped staked ETH) is a non-rebasing version of Lido’s staked ETH (stETH), which holds over $20 billion in TVL. Unlike stETH, wstETH locks its staking growth into the token’s price rather than its quantity, making it ideal for DeFi protocols that require a constant token balan…

Lido, Chainlink and LI.FI launch one-click cross-chain ETH staking

This innovation simplifies DeFi participation, potentially increasing user adoption and enhancing liquidity across multiple blockchain networks. The post Lido, Chainlink and LI.FI launch one-click cross-chain ETH staking appeared first on Crypto Briefing.