stvaults

Lido tweeted that the V3 Phase 3 has been launched. Now, all stVaults can mint stETH without permission, and the minting limits for identified node operators have also been increased. The initial deployment work for Lido V3 has now been fully completed.

ChainCatcher news, Lido protocol developer pshe.eth tweeted that the RFC draft of the Lido V3 white paper has been released. Lido contributors have been dedicated to a completely new architectural direction for the protocol, focusing on stVaults, which are isolated staking positions that can decouple Ethereum's staking methods (such as node operators, fees, risk preferences, Sidecar modules, etc.) from the liquidity layer. stVaults are expected to become highly composable foundational components that can serve as the core building blocks for creating strategies, protocols, and institutional staking products.pshe.eth stated that this draft currently covers a wide range of design aspects and is expected to be continuously optimized in the coming weeks, with the goal of finalizing the white paper before mid-summer this year.

ChainCatcher news, according to The Block, Ethereum staking solution provider Lido has officially released version V3. The new version introduces modular smart contracts called stVaults, providing greater flexibility for its liquid staking infrastructure.stVaults allow users to design custom staking strategies around Lido's stETH token, including adjustable fee structures, validator configurations, and risk-return settings. This feature is primarily aimed at institutional stakers, node operators, and asset managers.Currently, Lido is the largest protocol in the Ethereum ecosystem, with a locked value of $25 billion. The new features will be rolled out in three phases: early adoption program, testnet, and mainnet.