Lido Unveils EarnUSD and EarnETH: Simplified DeFi Investing on Ethereum
Lido, the largest liquid staking protocol on Ethereum, has expanded its DeFi offerings by launching two new yield vaults called EarnUSD and EarnETH. The products accept stablecoin deposits, such as USDC and USDT, and automatically allocate them across various DeFi strategies on Ethereum.
EarnUSD spreads deposits across lending markets, real-world asset exposure, and structured products. Users receive an earnUSD token that represents their share of the vault, with returns accumulating and compounding over time without requiring active management.
Lido also launched EarnETH, which accepts Ethereum, WETH, and Lido's own stETH deposits. The system allocates funds across protocols including Aave, Uniswap, and Morpho, shifting toward strategies generating better returns.