According to ChainCatcher, Wintermute posted on social media that the current ETH in circulation is about $120.3 million, but there are only about 34.3 million ETH staked, which means that more than 70% of ETH is still unstaked and usually idle in wallets, missing the opportunity to get rewards and invest in DeFi.

Of the staked ETH, about 9.6 million are staked through Lido. Although these assets can generate returns and can be used to participate in DeFi, their full potential has not yet been fully tapped. With the integration of Lido's solution, Wintermute can take the lead in providing stETH as collateral for over-the-counter transactions.