todayonchain.com

Lido rolls out stVaults on mainnet with Day 1 users including Linea, Nansen and several institutional stakers

The Block
Lido has launched its stVaults staking primitive on mainnet, enabling customizable staking setups for institutions and protocols.

Summary

Lido, the leading liquid staking protocol, has launched its stVaults staking primitive on Ethereum mainnet after extensive testing. Introduced as part of the Lido V3 upgrade, stVaults are non-custodial smart contracts that transform Lido from a uniform product into a modular infrastructure platform, allowing institutions, protocols, and Layer 2s to create customized, purpose-built staking configurations.

Day 1 partners utilizing the technology include Linea, Nansen, and various institutional stakers and node operators like P2P.org and Chorus One. These vaults allow for customization of fee structures and risk profiles, and crucially, enable compliance features like validator segregation and operational controls necessary for institutional adoption.

stVaults stake ETH through selected node operators while providing access to Lido's liquid staking token, stETH. This launch supports diverse needs, from L2s integrating staking infrastructure to institutions requiring dedicated setups, all while maintaining access to stETH's liquidity.

(Source:The Block)