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Liquidity re-staking platform Mellow launched in partnership with Symbiotics

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2024-06-11 22:05:37
Mellow, a liquidity re-staking project that will become the "flagship project" of the just-launched Symbiotic project, launches today. Mellow describes itself as "a modular infrastructure to create LRT", offering a variety of permissionless vault smart contracts that give depositors a degree of choice when re-staking.
Founded in 2020, Mellow is backed by Cypher.fund and Lido core members. Their first fundraising event took place in 2021, led by Arrington Capital, ParaFi and Robot VC (Lemniscap, Primitive and other VCs and OG angel investors also participated).