BULLISH 📈 : Lido launches stVaults on Ethereum with major partners onboard

Lido has launched stVaults on the Ethereum mainnet, enabling users to set up dedicated staking vaults. These vaults allow staking of Ethereum through selected node operators and issue stETH, Lido's liquid staking token.

The launch follows a year of testing with partners like Chorus One and P2P.org.
Early adopters include Linea, Nansen, and several institutional stakers.
StVaults offer modular infrastructure, allowing customization of fee structures, risk profiles, and compliance controls.
The implementation aims to simplify staking product deployment by eliminating the need for building infrastructure from scratch.

Nansen linked stVaults to its stETH-based DeFi options, while Consensys-backed Linea uses a protocol-controlled stVault for automatic staking. Notable node operators and institutional stakers participating are P2P.org, Chorus One, Solstice, and Everstake.

stETH, a key component of this rollout, has a market cap of approximately $27 billion, accounting for about 25% of all liquid staking tokens. The expansion offers more options for Ethereum staking participants, enhancing Lido's role in the ecosystem.