Crypto lender partners with Lido to provide stETH-backed stablecoin loans allowing institutions to access liquidity from staked ETH positions.
Borrowers can use stETH as collateral for stablecoin loans, with Maple's credit team facilitating the approval process for institutional borrowers.
stETH represents staked Ethereum on Lido and enables earning staking rewards while being usable in DeFi protocols, offering capital efficiency.
Maple and Lido's collaboration responds to the demand for capital-efficient strategies in DeFi, bridging the gap between staking rewards and liquidity access.
Restaking trend drives interest in liquid staking assets like stETH, with Lido expanding partnerships to establish stETH as a core asset in DeFi.
Partnership aims to enhance the interconnected, capital-efficient crypto lending market for institutional players in the evolving DeFi ecosystem.