Mellow Finance helps Lido consolidate its position as the largest DeFi protocol
Mellow Finance is launched, helping Lido compete in the re-staking space. On the first day of launch, TVL reached $115 million and raised $5.8 million in funding. Mellow uses modular infrastructure to create LRTs, providing users with flexible risk options.
![image ZeZheng](https://image.coinlive.com/24x24/cryptotwits-static/114175ee33b9405fa7b20683ba586a74.png)