On Monday, the Lido Finance team announced via X that it had launched the Lido V3 testnet. With this launch, builders can create tailored staking solutions using Lido stVaults on the Hoodi Ethereum Testnet.
Lido stVaults are modular primitives allowing stakers, node operators & protocols to tailor-make staking solutions to fit their needs. Developers can also customize fee structures, validation setups, optimize risk/reward structures, and more, all while maintaining the benefits of stETH.
The composable nature of stVaults enables builders and protocols to create personalised staking solutions for a wide range of use cases.
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 1% in the last 24 hours, trading at $0.845 per coin.