**Lido Integrates 1inch for Withdrawal Aggregation**
Lido, the prominent liquidity staking protocol for Ethereum, has recently announced its support for 1inch as a withdrawals aggregator. This integration will enable users to access instant swaps for their staked Ether (stETH) and wrapped staked Ether (wstETH) with Ethereum (ETH).

According to the Lido team, this integration means that ETH stakers on Lido can now unstake their stETH or wstETH via DeFi aggregators, thereby bypassing withdrawal queues. This will allow for quick stETH to ETH swaps within minutes. 1inch will provide stakers with the ability to make fast exits on Ethereum, Arbitrum, and Optimism, using either the 1inch Legacy mode or Fusion mode.

In the Legacy mode, users can take advantage of efficient atomic swap transactions, while the Fusion mode enables users to exchange their stETH or wstETH at competitive rates without gas fees. However, it’s important to note that the Fusion mode is only applicable for swaps valued at more than $1000.

In a statement, Lido emphasized, “1inch is a DeFi aggregator optimized for Ethereum, BNB Chain, Optimism, Polygon, and other chains. By aggregating prices across hundreds of DEXs, 1inch guarantees the best rates for all trades”.

**FAQs**

1. **What is Lido?**
Lido is a protocol that aims to bring liquidity to staked assets. It allows users to stake their assets and receive liquid tokens in return.

2. **What is 1inch?**
1inch is a decentralized exchange (DEX) aggregator that sources liquidity from various DEXs to provide users with the best possible trade rates.

3. **What are stETH and wstETH?**
StETH represents staked Ether while wstETH represents wrapped staked Ether. These are tokens representing staked Ether balances on the Ethereum network.

4. **What are the benefits of using 1inch as a withdrawals aggregator?**
The integration of 1inch as a withdrawals aggregator by Lido allows users to access instant swaps between staked Ether (stETH)/wrapped staked Ether (wstETH) and Ethereum (ETH), enabling them to bypass withdrawal queues and make quick exchanges.

5. **What are the different modes offered by 1inch for stETH and wstETH swaps?**
1inch offers Legacy mode for efficient atomic swap transactions and Fusion mode for competitive-rate exchanges without gas fees for stETH/wstETH swaps valued at more than $1000.

6. **Can users access fast exits on different networks using 1inch through Lido?**
Yes, with the integration of 1inch, stakers can tap into fast exits on Ethereum, Arbitrum, and Optimism networks via the 1inch Legacy or Fusion mode.

7. **Is there a minimum swap value for using Fusion mode through 1inch?**
Yes, Fusion mode only allows for stETH/wstETH swaps valued at more than $1000.

By integrating 1inch as a withdrawals aggregator, Lido aims to provide its users with a more streamlined and efficient experience for their staking activities. This collaboration signifies a significant advancement for both platforms and underscores the growing importance of DeFi protocols in the cryptocurrency ecosystem.