Lido, the largest Ethereum staking protocol, is set to revamp the Ethereum staking landscape with the introduction of the Lido V3.
This new era of Ethereum (ETH) staking comes with the launch of STVaults, a modular, customizable infrastructure that Lido (LDO) brings institutions to the ETH staking ecosystem.
Lido V3 also means strengthening integration across the overall decentralized finance market, the project told crypto.news via a press release. STVAULTS offers modular smart contracts with the capabilities of its targeted LIDO core protocol keys.
“With STVAULTS, the protocol will expand to the Ethereum staking infrastructure, providing a flexible foundation for the next stage of staking while maintaining the security and decentralization that the Lido protocol is known for.”
The modular design of the Lido V3 supports features such as customizable validator configuration, operational control, and personalized setup for facility stakers. Node operators, curators, and asset managers are also set up to benefit from deployment.
“STVAULT can easily create new use cases that leverage Steth's universal collateral characteristics and provide seamless integration with the broader defi ecosystem,” the Lido team said.
As the refill market expands, there is a growing need to protect potential ether holders of risky risk. In response, Stvaults offers a compatible opt-in model for shared security, allowing users to access rebuild opportunities without being exposed to socialized risks.
The deployment of this feature via Lido V3 will proceed if the Lido DAO community approves its design and general roadmap. The Lido V3 will be implemented in phases such as early adapter programs, testnet phases and mainnet launches.
