Hassan Maishera
On Tuesday, the Lido Finance team announced via X that it had launched Lido V3 to advance the Ethereum staking ecosystem. Lido V3 enables more flexible, customized staking setups centered around stETH.
It is non-custodial and highly customizable at its core, enabling builders to create staking solutions covering a wide variety of setups.
At its core are stVaults (“staking Vaults”). stVaults enable institutional users to create dedicated stVaults to connect to specific Node Operators, tailor execution layer reward mechanisms, and control deposits and withdrawal access.
Balancing liquidity, performance, and security, this new V3 design promotes healthy competition and distribution across validators whilst mitigating governance and slashing risks for a stronger Ethereum.
Lido is a secure liquid staking solution for proof-of-stake (PoS) cryptocurrencies that supports Ethereum 2.0 (The Merge) staking and a growing ecosystem of other Layer 1 PoS blockchains. Its native LDO token is down 7% in the last 24 hours, trading at $1.550 per coin.
