Lido V3 — Design & Implementation Proposal

Lido V3 Phase 1 Is Live

TL;DR

The Dual Governance proposal #6, submitted via Vote #194, has passed and been enacted. Lido V3 Phase 1 is now live on mainnet in soft-launch mode.

What’s Live

Lido V3 and stVaults are now available on mainnet for partners, enabling early integrations and real-world testing ahead of full launch.

Phase 1 Scope & Limits

During the soft launch:

  • Predeposit Guarantee (PDG) remains disabled — users should interact only with trusted node operators.
  • UI, API, and SDK are not yet live; vaults are managed via CLI, direct contract interaction, or custom integrations.
  • Phase 1 limits apply, including a ~300k stETH global minting cap and permissioned node operators only.

What’s Next

The full Lido V3 launch (Phase 2) is expected in late January or early February, bringing advanced functionality and broader public access. Stay tuned and thanks for your patience as Lido V3 rolls out :blue_heart:

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