Partnership Announcement — Crema Finance x Lido Finance

Crema
2 min readApr 20, 2022

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Super pumped to announce a strategic partnership with Lido Finance, an industry-leading multichain liquid staking protocol.

Lido Finance is building high performance validator set (with onboarding, educational program and scoring system) on multiple chains to contribute towards the blockchain decentralization. Crema highly respects its efforts and will work with Lido in a variety of directions, including but not limited to the integration of stSOL and other Lido assets into our CLMM pools and multichain collaboration in future. Through cooperation, both teams will join forces to enhance the capital efficiency of staked assets and build a more decentralized Solana blockchain.

About Lido Finance

Lido is the leader in liquid staking (when measured by TVL) with a priority in contributing to ecosystem improvement, increasing blockchain decentralization, and making staking beneficial for all the participants on every chain where it has launched. Liquid staking is a key driver of DeFi economics and democratises access to POS rewards.

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About Crema Finance

Crema Finance is a powerful concentrated liquidity protocol that provides superior performance for both traders and liquidity providers. It deployed the first concentrated liquidity market maker (CLMM) algorithm on Solana mainnet that allows users to add liquidity within their specified price ranges. Crema aims to redefine the capital efficiency and trading depth in non-evm ecosystems through both its CLMM infrastructure and a series of affiliate innovations.

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Crema

CremaFinance is a powerful Concentrated Liquidity Protocol built on Solana that provides superior performance for both traders and liquidity providers