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Lido DAO Approves $5M Allocation to Launch Earn First‑Loss Protection

By Telemac

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Lido DAO approved a $5 million treasury allocation to fund a first-loss protection mechanism for its Earn tool. The funds are distributed as follows: $3 million in wstETH in EarnETH and $2 million in USDC in EarnUSD.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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