The Lido V3 white paper has been released, with the core innovation being the use of stVaults to isolate staking positions, improving capital efficiency and composability.

This is not just an ordinary update, but a structural upgrade of the staking ecosystem, further lowering the entry barriers for institutional players.

With ETH's recent technical strength, moving towards $3000, the resonance between fundamentals and technicals in this wave is quite noteworthy.

In particular, DeFi protocols that deeply integrate stETH are worth re-evaluating for positioning.

Recent efficiency improvements have seen considerable progress. $BTC