According to a Foresight News report, Lido posted on X that blockchain infrastructure provider Stakely has launched two products based on the Lido protocol modular staking infrastructure stVaults: one is a public staking vault open to all users, combining ETH staking with EarnETH (Lido’s ETH DeFi strategy); the other is a dedicated vault for institutions with customizable configurations, where institutions can define fee and permission parameters themselves, and assets remain isolated. Stakely only runs validators as a node operator and does not custody institutional assets.

stVaults aims to address the conflict between liquidity and control that is difficult to reconcile between native staking and pooled staking, so that stakers can obtain stETH liquidity while retaining the right to choose validators. In terms of security, Lido states that the stVaults smart contracts have been audited by multiple institutions including Certora and MixBytes, and it has a bug bounty program with up to US$2 million.