Lido Unveils Modular V3 Upgrade with Customizable stVaults

The liquid staking giant has some big upgrades in mind for its next iteration.

Subscribe to Bankless or sign in

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 Euler but for staking.

Bankless Take

Lido's V3 upgrade signifies a pivotal shift towards modularity in Ethereum Ethereum staking. By introducing customizable stVaults, Lido 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.


0
0
Kazu Umemoto

Written by Kazu Umemoto

136 Articles View all      

Kazu Umemoto is an analyst and has been with Bankless since October 2024. Previously worked at an accounting firm doing tech auditing. He graduated from the University of Oregon with a degree in finance and a minor in computer science.

No Responses
Search Bankless