Launch of the Ethereum 2.0 Lido testnet guaranteed liquidity solution

2020-10-16 08:10
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According to reports, Lido testnet, an Ethereum 2.0 contract liquidator, will launch soon, which will allow users to join ETH 2.0 contracts and generate income. On the chain, users are given bETH tokens representing 1: 1 ETH from the Ethereum Beacon chain. As users' ETH contribution increases from ETH 2.0, the ETH tag chain balance may also increase.

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Ethereum 2.0 Lido staking liquidity solution launches testnet
An Ethereum 2.0 collateralized liquidity solution test network called Lido will be released. This solution allows users to join ETH 2.0 protocols, generating revenue regardless of the cost of Ethereum. When the user contracts the ETH from the Ethereum beacon chain using Lido, the user will receive a bETH token representing the ETH from the Ethereum beacon chain in a 1: 1 fashion. will have been promised by consumers through ETH 2.0, the ETH balance of the beacon chain will increase further. The bETH balance is updated once per day and users can use, sell and use bETH like ETH. Since bETH is DeFi compatible, it can also be used as a commercial product for mortgages.
2020-10-16 08:10