The SOFA.org team is proud to announce our official support for stETH. With @LidoFinance being the leading OG liquid staking protocol on Ethereum, SOFA is proud to be the first on-chain return enhancement solution for stETH via our structured products.
Our diversified and customizable product suite offer users an alternative and uncorrelated way to compound their rebased stETH rewards, showcasing SOFA’s promise as a unique value-add layer with affiliated DeFi protocols.
We are targeting an official launch date for next Monday, 22nd of July, followed by an AMA over the next few days. Be sure to stay-tuned on our official channels, and do join us on our AMA to hear our longer term vision in greater detail.
Needless to say, we are thrilled to welcome our friends at Lido into the SOFA ecosystem, and we are confident that our users will be even more excited to put their stETH to work.
Onward and forward everyone — we are just getting started!