ME News reports that on September 9 (UTC+8), Lido announced that blockchain infrastructure provider Stakely has launched two products based on Lido’s modular staking infrastructure, stVaults: a public staking vault open to all users that combines ETH staking with EarnETH (Lido’s ETH DeFi strategy); and a customizable institutional vault allowing institutions to define their own fee and access parameters while keeping assets isolated. Stakely operates as a node operator running validators and does not custody institutional assets. stVaults aims to resolve the trade-off between liquidity and control inherent in native versus pooled staking, enabling stakers to retain control over validator selection while gaining liquidity through stETH. For security, Lido stated that the stVaults smart contracts have been audited by multiple firms including Certora and MixBytes, and a vulnerability bounty program of up to $2 million is in place. (Source: Foresight News)
Lido and Stakely Launch Public and Institutional ETH Staking Products with stVaults
KuCoinFlashShare
Summary
Lido and Stakely launch ETH staking products via stVaults, offering a public ETH staking option with EarnETH and a customizable institutional vault. The institutional product allows firms to set fees and permissions while keeping assets isolated. Stakely operates validator nodes without custodial control. Smart contracts have been audited by Certora and MixBytes, with a $2 million bug bounty. This ETH update introduces new staking flexibility for both retail and institutional users.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.