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Lido, Ethereum's leading staking service, has announced a proposed V3 upgrade introducing modular stVaults.
What’s the Scoop?
- Modular stVaults Introduced: Lido's V3 upgrade proposes the implementation of customizable stVaults.
- Enhanced Support: The stVaults are tailored to assist institutional stakers seeking personalized staking setups, node operators wanting to attract large volume stakers, and asset managers who want to create a use-case around staking.
- Staking Shift: Users will be able to sift through an “open staking marketplace” where they can decide their staking setup depending on their risk tolerance, offering a similar setup to Morpho or
Euler but for staking.
Bankless Take
Lido's V3 upgrade signifies a pivotal shift towards modularity in Ethereum staking. By introducing customizable stVaults,
Lido is not only accommodating the nuanced requirements of institutional investors but also fostering innovation among node operators and asset managers. This move is poised to enhance the flexibility and inclusivity of staking services, potentially accelerating the adoption of Ethereum staking across diverse financial entities.