Lido and Stakely Launch ETH Staking stVaults Products

Lido and Stakely have launched two ETH staking stVaults products: a public staking vault for all users and a dedicated vault for institutions. The public vault combines ETH staking with the EarnETH strategy, while the dedicated vault allows for customizable fees and permissions, keeping assets isolated. Stakely acts solely as a node operator and does not custody institutional assets. The stVaults aim to address the liquidity and control conflicts between native staking and pooled staking, allowing stakers to retain validator choice and gain stETH liquidity. Lido stated that the stVaults smart contracts have been audited by multiple institutions and feature a bug bounty program with a maximum reward of $2 million.

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