OpenOcean, a multi-chain DEX aggregator, has announced the launch of a new Ethereum liquid staking aggregator aimed at crypto veterans, savvy DeFi users, and beginners. The announcement was made alongside the Ethereum ‘Shanghai’ upgrade on April 12th, 2023.
The Ethereum staking aggregator will help simplify and streamline the buying and staking process for Ethereum DeFi stakers, providing lower entry barriers to safe, high-returning ETH yield.
OpenOcean’s aggregator will provide comprehensive information and trading opportunities to empower users to compare and trade in multiple different pools from all the major liquid staking providers such as Lido, Rocket Pool, Ankr, Stakewise, and Frax.
OpenOcean’s DEX aggregator will help users find and buy $ETH staking tokens at the best possible market prices, often at a discounted rate compared to simply purchasing from liquid staking providers. After buying LS Tokens, users can continue earning daily Ethereum staking rewards.
OpenOcean’s ETH staking aggregator solves the issue of capital inefficiency on liquid staking by leveraging information from multiple ETH staking protocols, allowing users to maximize their yields from platforms like Curve, Balancer, and more.
OpenOcean plans to position itself as one of the main DeFi platforms in 2023 and beyond, and the company will continue expanding its liquid Ethereum staking aggregator with more options. The aggregator will eventually allow one-click staking deployment to any regular or boosted pool on Ethereum.
The launch of OpenOcean’s Ethereum staking aggregator is a timely solution for Ethereum DeFi stakers seeking lower entry barriers to safe, high-returning ETH yield. The aggregator’s simplified and streamlined process will guarantee maximum capital efficiency and maximize yield for users.
OpenOcean’s focus on everything from liquid token staking and maximizing DeFi yields to auto-trading and advanced portfolio management will help the platform meet the needs of all DeFi users.