Lido Finance partners with Nil Foundation to build a 'zkOracle'
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="https://www.theblockcrypto.com/" target="_blank">The Block</a></span></span></span>
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Quick Take
- Lido Finance and Nil Foundation are collaborating to develop a zkOracle via a Lido developer grant.
- The project aims to create a trust-minimized oracle system to validate asset accounting in Lido’s liquid staking protocol.
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The zkOracle, to be built by Nil, is expected to authenticate Lido’s accounting metrics without reliance on trust.
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