# stETH

🥳 #LDO Lido Ecosystem Foundation has announced the #launch of GG Vault (GGV). Users can now from the new Earn page with one click to automatically allocate #ETH , #WETH , #stETH , #wstETH# and other assets across multiple #DeFi# protocols such as Uniswap, Aave, Euler, Balancer, Gearbox, Fluid, Morpho, realizing diversified strategies with high returns without having to manually manage multiple positions. #crypto

Aave, the largest web3 lending protocol, is throwing its weight behind the freshly launched Lido Alliance. The project’s community passed a proposal to launch a modified version of Aave v3 designed to facilitate efficient #stETH recursive lending. The news coincided with several other proposals passing, including launching the protocol on ZkSync Era and deploying the GHO stablecoin on Arbitrum.