Thena, a prominent decentralized exchange (DEX), announces an exclusive partnership with Lido Finance. Lido Finance is known in the crypto market for its exceptional liquid staking Ethereum (ETH) services. Thena shared this news on its official X account in which Thena welcomes Lido Finance to its BNB Chain ecosystem.
It’s our great pleasure to welcome @LidoFinance with Ethereum’s leading liquid staking token to @BNBCHAIN!Our collaboration kicks off with two strategies, now LIVE with THE rewards: $ETH/wstETH by @GammaStrategies $wstETH/BNB by @ichifoundation pic.twitter.com/eagXMvLoHU
— THENA (@ThenaFi_) August 16, 2024
Through this collaboration, Lido Finance will bring its most trending liquid staking token, wrapped staked Ether (wstETH) to the BNB Chain ecosystem. This partnership marks a significant milestone for both Lido Finance and Thena as this would help both crypto firms to grow exponentially.
Thena and Lido Finance Partnership is Live to Kick Off Two Strategies
This partnership is a landmark achievement for Lido Finance through which Lido Finance will bring its hot leveraging toke wstETH to Thena. This partnership is now live with two advanced and captivating strategies.
The first one is $ETH/wstETH is to be managed by Gamma Strategies, a prominent name in the DeFi space. Through this strategy, users can earn rewards by providing liquidity for $ETH/wstETH pair to stake Ether.
$wstETH/ BNB is the second strategy brought to life by the Ichi Foundation, which is known for its expertise in carving stablecoin solutions. This strategy would allow users to earn rewards by staking $wstETH/BNB pair.
This Collaboration Allows Users to Earn Rewards and Maximum Profits by Leveraging
This collaboration is significant as both Thena and Lido Finance team-up come online with attractive rewards for the users. Additionally, users will have the opportunity to maximize their earnings through leveraging which is the stronghold aspect of both Thena and Lido Finance.