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Lido, which holds about 27% of staked ether, is out with its v3 plans today. At the heart of this upgrade is stVaults — modular smart contracts designed to provide greater flexibility, boost institutional adoption and engender deeper DeFi integration.

Konstantin Lomashuk, a founding contributor to the protocol, calls stVaults “a flexible foundation for the next phase of staking [that] upholds the security and decentralization the Lido protocol is known for.”

Modular staking and restaking

stVaults introduce a modular staking framework with components that operate alongside the Lido…

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