Liquid restaking platform Mellow launches with Symbiotic | Headlines | News | CoinMarketCap

06/11/2024 21:11
Liquid restaking platform Mellow launches with Symbiotic | Headlines | News | CoinMarketCap

Liquid restaking project Mellow launched today for restaking protocol Symbiotic. Mellow will be a part of Lido Alliance, as previously discussed on …

Liquid restaking project Mellow launched today for restaking protocol Symbiotic.

Mellow will be a part of Lido Alliance, as previously discussed on Lido's governance forum. 

Mellow describes itself as a “modular infrastructure for creating LRTs” offering a variety of permissionless vault smart contracts that grants depositors a degree of choice when restaking. 

“Mellow enables depositors more flexibility regarding their desired level of exposure to risk, while still benefiting from the liquidity of staked assets. This is achieved by dynamically adjusting strategies within each vault based on real-time risk assessments and market conditions,” the team claims, according to their documentation.

Risk management is an important topic for those seeking to restake, as further …

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