Key Points
- Grayscale introduced 2 new funding autos immediately: Grayscale Lido DAO Trust and Grayscale Optimism Trust.
- The agency will supply buyers merchandise offering publicity to LDO and OP.
Today, Grayscale Investments introduced the launch of two new funding merchandise to increase the providing record to its shoppers. The asset administration agency presents greater than 25 crypto funding merchandise.
Grayscale Lido DAO Trust and Grayscale Optimism Trust Launch
Grayscale introduced the launch of Grayscale Lido DAO Trust and Grayscale Optimism Trust, collectively referred to as the “Trusts” within the official press launch of the agency.
Grayscale will supply buyers merchandise offering publicity to the governance tokens of Lido DAO, LDO, and Optimism Protocol, OP. Both tokens supply options to increase and enhance the Ethereum ecosystem.
Optimism, an L2 blockchain, may help scale Ethereum by decreasing congestion on the community, providing customers cheaper and extra environment friendly transactions.
Lido, a liquid staking resolution, may help safe the Ethereum community and permit the expansion of DeFi.
Democratizing Staking on Ethereum and Allowing Scaling
Grayscale’s Head of Product and Research, Rayhaneh Sharif-Askary, stated that Lido may help to democratize staking on Ethereum, whereas Optimism is crucial in permitting Ethereum to scale and compete with newer and quicker L1 blockchains.
The 2 new Trusts will present buyers publicity to protocols that assist improve Ethereum’s effectivity, safety, scalability, and adoption within the broader DeFi ecosystem whereas enjoying a significant half within the story of Ethereum, he continued.
Lido which gives a liquid staking resolution for Ethereum will improve its safety and make staking extra accessible.
Optimism goals to resolve liquidity fragmentation through its OP tech stack, an open-source blueprint for L2 blockchains that use Optimistic Rollups to scale and cut back charges.
OP powers the Superchain, a community of interconnected, impartial blockchains designed to reinforce scalability.
The press release additionally famous that the 2 Trusts at the moment are open for day by day subscriptions by eligible particular person and institutional accredited buyers. They operate like Grayscale’s present suite of single-asset funding trusts, and can solely spend money on LDO and OP.
