Introducing Our First Non-Pegged Stable Pool: Lido x Mercurial
In our previous blog post, we introduced several innovative AMM systems we are bringing to the market. Today, we are excited to announce that we are collaborating with LIDO, one of the leading cross-chain solutions, to bring non-pegged stable pools to Solana, starting with the stSOL-SOL pool.
This pool is important because it is designed to bring long-term capital efficiency between staked SOL and SOL, even as the value of stSOL increases over time. To bootstrap this pool, we will be introducing dual rewards with both MER and LDO! 🤑