Lido Earn
Deploy ETH and USD stablecoins into DeFi vaults for on-chain rewards through the world's leading protocols.
Upgrading vaults
* APR/APY figures are estimates, not guaranteed, and are subject to change based on network conditions.
Rewards may fluctuate and are influenced by factors outside the platform’s control, including changes to blockchain protocols and validator performance. Past performance does not guarantee future results. Rewards are not assured and depend on the specific rules and mechanisms established by each underlying blockchain network. Users should conduct their own research, seek professional advice, and ensure they understand the risks before participating
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What is EarnETH Vault and how it works
EarnETH Vault is a meta-vault designed to optimize returns on deployed assets across Lido Earn strategies. Today, it allocates assets across GGV and stRATEGY, with the ability to dynamically evolve its allocation mix. By abstracting strategy selection, the meta-vault provides ETH-denominated exposure to Lido Earn with the objective of balancing different risk and return profiles for ETH-denominated assets.
Comparison between GGV/stRATEGY and the EarnETH Vault
Before upgrade Single vault | After upgrade EarnETH | |
|---|---|---|
Vault Token Vault Token | Vault Token GG / strETH tokens, representing shares in the specific vault | Vault Token earnETH, representing shares in the ETH meta-vault |
Reward Strategy Reward Strategy | Reward Strategy Earning rewards in a specific strategy/vault | Reward Strategy Keep earning rewards while we optimize for the best available strategy |
Vault Selection Vault Selection | Vault Selection Manual vault choice | Vault Selection Constant optimization between strategies |
Curator Model Curator Model | Curator Model Lock-in to a specific curator | Curator Model An evolving set of curators working on the risk/rewards optimization |
Fees Fees | Fees 1 % management fee 10 % performance fee | Fees 1 % management fee 10 % performance fee |
The table above describes structural differences between accessing a single vault strategy and accessing a meta-vault that allocates across multiple strategies. It is provided for informational purposes only and does not constitute a recommendation. Outcomes and rewards may vary based on strategy composition, market conditions, and protocol parameters.
All Mellow points you accumulate remain yours, with your balance visible on the Mellow Dashboard