Node Operator Admission: Pothos as stVault Basic Operator

1) Identification

Pothos is a professional Ethereum staking operator focused on secure, reliable, and non-custodial validator services. We operate with a strong emphasis on protocol alignment, risk management, and long-term support for Ethereum’s validator ecosystem. Our team comprises experienced infrastructure engineers and blockchain operators with a proven track record of operating high-uptime validator clusters and contributing to network stability.

Our mission is to provide institutional-grade staking infrastructure that prioritizes decentralization, security, and transparent performance reporting.

2) Business Case

Pothos plans to leverage Lido stVaults to offer high-quality, non-custodial ETH staking products for institutional clients, DAOs, funds, and sophisticated ETH holders. Our focus is on providing direct access to protocol staking rewards without leveraging, rehypothecating, or engaging in speculative yield strategies.

Key elements of our business approach:

  • Targeted ETH inflows from aligned partners such as treasury ETH, institutional holders, DAOs, and funds seeking non-custodial exposure

  • Relationship-driven business development, focusing on partnerships and ecosystem collaboration rather than broad retail marketing

  • Transparent governance and capacity-aligned scaling, ensuring predictable performance for participants

By integrating with stVaults, Pothos aims to contribute meaningful, long-term validator capacity while maintaining conservative risk profiles and clear alignment with Lido’s decentralization goals.

3) Ops & Decentralization

Pothos’s operational setup is designed to ensure high reliability and low risk for downtime and slashing, backed by robust infrastructure practices:

Infrastructure

  • Client diversity: Multiple consensus and execution clients to mitigate client-specific risks

  • Dedicated infrastructure: Primarily bare-metal servers with select cloud augmentation, distributed geographically to avoid single points of failure

  • Redundant networking and power with strong monitoring and alerting

Key Management & Blast-Radius Controls

  • Validator keys are segmented per node, encrypted at rest, and deployed with strict access controls

  • Single-active-instance policies to prevent double signing

  • Secure, offline key generation and controlled migration procedures

Monitoring & Incident Response

  • 24/7 monitoring covering validator performance, client health, and slashing alerts

  • On-call rotations with timezone coverage, documented escalation paths, and disaster recovery plans

  • Regular testing of failover procedures and recovery playbooks

Operational Discipline

  • Documented runbooks, change-management controls, and phased upgrades

  • Peer review of critical changes

  • Post-incident retrospectives to enhance reliability continuously

By combining robust operational tooling with governance awareness and conservative risk management, Pothos aims to be a long term, reliable stVault operator that strengthens Ethereum’s validator set and contributes to the decentralization of Lido’s protocol.

Links

Website: https:// pothos fi/

Hi! Thanks for applying, it’s great to see you moving forward with onboarding as a stVaults Node Operator.

The stVaults Committee has started the assessment process, and we’ll keep you updated as things progress.