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Lido Adds Firelight Loss Protection to Earn Vaults With $12.1M and $4M Limits

The first-period limits come ahead of Lido DAO’s existing share-burn buffer.

By John Kim
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Two steel vault doors sit beneath clear protective shields / TokenPost.ai
Two steel vault doors sit beneath clear protective shields / TokenPost.ai

Lido added Firelight loss protection to EarnETH and EarnUSD, with first-period limits of about $12.1 million and $4 million, respectively.

The amounts are first-period limits.

The Firelight limits come ahead of Lido DAO’s existing share-burn buffer.

Firelight has provided onchain cover for a Kraken-distributed USDC vault.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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