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Wintermute ETH rolls out Lido Staked ETH (StETH) as collateral for OTC trading

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Summary
Nutrition label

63% Informative

Wintermute adds Lido Staked ETH (StETH) as collateral for OTC trading.

This move marks a major milestone for the crypto market, with discussions soaring as the crypto can now be used outside of decentralized finance (DeFi) Firm wants to maximize capital efficacy by introducing crypto to multi-currency collateral support.

Staked Ether price was up 1.53% to $ 2,517.10 , with trading volume soaring 42.57% from yesterday .

VR Score

48

Informative language

43

Neutral language

37

Article tone

formal

Language

English

Language complexity

52

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Attention-grabbing headline

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Time-value

medium-lived

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