The developers behind Lido, the biggest cleansing service in Ethereum, proposed to reorganize the implementation platform with modular “boxes”.
The new frame would introduce Stvaults, a customizable component designed to help Lido welcome more complex institutions and implementation strategies.
Lido currently allows investors to pool their ether (ETH) and “join” their crypto – lock their tokens with the network, which contributes to secure it in exchange for interest.
Lido was the liquid pioneer: users receive a receipt on their deposits called ETH (STTH) in Lido (STETH) that they can exchange at any time. With a liquid exercise on Lido, entering and getting out of the stimulus positions has become as simple as buying and selling Steth tokens.
The STVAULTS of Lido V3 are “modular intelligent contracts designed to meet the various and scalable needs of Ethereum participants”, according to a press release shared with Coindesk. The upgrade would allow configurations beyond the cut and dry liquid.
More specifically, STVAULTS will be able to help institutional shooters who wish to personalize their jealous configurations, nodes operators who wish to attract high volume employment and asset managers who wish .
This decision reflects the growing institutional interest in the Jalitude of Ethereum while financial companies explore ways to integrate cryptographic products generating yield in their portfolios. STVAULTS are supposed to adapt to this interest by introducing modular construction blocks which meet different stimulation needs.
“What is important to understand with customizable infrastructure is that you can generally build even more complex products,” said Konstantin Lomashuk, founder of the Lido implementation protocol.
The objective is “that Lido is rebuilt as a foundation layer,” said Lomashuk. “It is a neutral infrastructure: everyone can use, accumulate their assets, use it, restart or exploit and have more liquidity.”
The vision of the developers of the V3 consists in developing Lido into an “open intention market”, the user will be able to opt for the configuration of the staging which corresponds to their objective and risk profile – a difference by Report to Lido’s tote approach for clearing, where all users mark the participants in the same way, via the same interface, in exchange for the same interest rate.
The discrepancy brings in Lido more online with other modular decentralized finance products (DEFI), such as morpho and symbiotics, which use vault mechanisms for loans and appeal respectively. The upgrade also makes Lido more useful for replenishment – where ETH is “enriched” to secure other protocols in addition to Ethereum. “You can resume your STVAULT,” said Lomashuk. “Liquid replenishment tokens can use this infrastructure to develop APR.”
The Lido V3 was officially presented by a group of basic developers at the Lido DAO, the decentralized autonomous organization that governs the protocol on Tuesday. If the DAO approves the proposal, the V3 could be put online on the Ethereum gathering in the third quarter of 2025.
“Now it’s a new phase,” Lomashuk told Coindesk.
Read more: the co-founder of Lido teases the “second foundation” for Ethereum in the middle of the community of the community
