This collaboration offers institutions a way to unlock liquidity from their staked ETH positions without needing to unwind them.

Crypto Lander Maple Partners With Lido for stETH-Backed Stablecoin Loans
Institutions can now pledge Lido's liquid staking token, stETH, for stablecoin credit lines.
Crypto lander Maple Finance has partnered with Lido Finance to launch stablecoin credit lines that are fully backed by stETH.
This collaboration offers institutions a way to unlock liquidity from their staked ETH positions without needing to unwind them. Borrowers will be able to pledge stETH as collateral in exchange for stablecoin loans.
Maple's in-house credit team will be underwriting these loans, aiming to streamline the approval process for institutional borrowers seeking to diversify their crypto lending strategies.
stETH Unlocks Liquidity and Capital Efficiency for DeFi Users
stETH is the liquid staking token issued by Lido, representing staked Ethereum on its platform. It continues to accrue staking rewards and can be used and traded across DeFi protocols. This model offers a way to combine yield generation with the flexibility to deploy capital in various DeFi strategies.
As institutions increasingly seek capital-efficient methods to participate in decentralized finance, platforms like Maple and Lido are expanding their offerings accordingly. By accepting stETH as collateral, they are catering to this demand and removing the trade-off between enjoying staking yields and having quick access to liquidity.
The partnership marks a step forward in developing a more interconnected and integrated crypto lending market that caters to the evolving needs of institutional players in the DeFi space.
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