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Parallel Network collaborates with Lido to introduce stETH deposits and native staking

Parallel Network collaborates with Lido to introduce stETH deposits and native staking

2024/02/26 18:32

Parallel Network has announced a partnership with Lido to introduce stETH deposits and native staking to Parallel Network's full-chain Layer 2 solution. Parallel will provide early access to stETH deposits on its L2 and offer native rewards through the Lido protocol. This initiative aims to provide users with more options to deposit and earn native rewards on the Parallel Network.

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