JOJO Exchange has partnered with Lido and Chainlink to allow users to utilize wstETH as collateral for trading on its platform. This integration boosts the utility of wstETH, which represents staked Ethereum from Lido, by utilizing real-time pricing from Chainlink. Users can stake their wstETH as collateral for trading perpetual futures, maintaining staking rewards while participating in market activities. This collaboration enhances the value and liquidity of wstETH, while Chainlink ensures accurate and secure collateral valuation. JOJO Exchange also introduces user-centric collateral management and risk management, offering a more versatile and attractive solution for traders. This partnership demonstrates the potential for collaboration to drive innovation in the DeFi space.



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