Mellow Protocol Information

Mellow is a modular infrastructure for creating LRTs with different risk profiles. The system is permissionless, agnostic to underlying restaking protocols, and can work with any assets. Anyone can become a curator and issue LRTs tailored to the needs of their LPs. AVSes space is evolving, the number of LRTs is growing, diverse slashing mechanisms are going to be introduced very soon and it gets harder to navigate in the space. One-size-fits-all risk profile approach fails to address the diverse needs of users and tends to overexpose them to slashing risk. That’s already very visible in the market today. Mellow solves this by abstracting risk management and allowing for different risk profiles, enabling anyone to curate different AVS compositions and risks, security budgets, etc. Key facts: – The first and flagship LRT for Symbiotic – A part of Lido Alliance – Team: about a dozen of people, formed in 2020, backed by cyber.fund and Lido core members