Lido Goes Modular With Vault-Based 'V3' Upgrade
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Lido V3 introduces modular stVaults to enable customizable Ethereum staking
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Lido introduced modular smart contracts called stVaults
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The shift brings Lido further in line with other modular decentralized finance (DeFi) products, like Morpho and Symbiotic, which employ vault mechanisms for lending and restaking, respectively. The upgrade also makes Lido more useful for restaking — where ETH is "restaked" to secure other protocols in addition to Ethereum. “You can restake your stVault," explained Lomashuk. "Liquid restaking tokens can utilize this infrastructure to grow the APR.”
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