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After staking to lido eth to get steth, where can

one get further yield? Or borrow against it?

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You can provide it as liquidity in pools/vaults to liquidity mine rewards (Curve, Convex, Harvest, etc), and you can borrow against it on Inverse Finance and hopefully soon to be Aave and Maker (once implemented). More information here: https://help.lido.fi/en/collections/2946727-ethereum-integrations

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