Lido has launched Lido v3, introducing stVaults—modular smart contracts aimed at enhancing flexibility and institutional adoption in staking. Konstantin Lomashuk notes that stVaults provide a foundation for independent validators, asset managers, and DeFi builders. Tailored for institutional stakers, these vaults facilitate compliance with features like validator customization and controlled transactions. With the Bring Your Own Validator (BYOV) model, operators can create custom staking offerings, appealing to high-volume stakers. Additionally, curators using stETH can apply advanced strategies integrating broader DeFi ecosystems, particularly focusing on restaking trends while mitigating risks for the Lido Core Protocol. The establishment of the Lido Ecosystem BORG Foundation supports institutional partnerships and governance enhancements. Lido v3 aims to bolster Ethereum's decentralization while maintaining liquidity through fungibility and in-protocol redemptions. The rollout will occur in three phases, pending approval, including an early adopter program, extensive testnet testing, and full mainnet activation of its institutional staking setups and features.

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