Lido Introduces stVaults for Institutional ETF Issuers

Base has launched a centralized calendar for upcoming community meetups and hackathons. **Key Details:** - Access the full event schedule at [lu.ma/BaseMeetups](http://luma.com/aimtqioq) - Community members can host their own meetups - Hosting guidelines available on [Base's Mirror](https://base.mirror.xyz/7BwxiX5zQvudhM2NhMxQmImiw3gU2tMi-mVBFYObdcM) - Submit community events through the [intake form](https://docs.google.com/forms/d/e/1FAIpQLSf5wnzD_czyYOyHFeOmFK_rjsJj7Utovo3jWwR40JizPqmDZg/viewform) The initiative aims to strengthen the Base ecosystem by making it easier for community members to connect and collaborate through organized events.

Lido is hosting a launch celebration for **Lido V3 and stVaults** on Tuesday, February 3rd at 2pm UTC. The event will feature contributors and builders from: - P2P Validator - Linea - Northstake - PierTwo **What is Lido V3?** Lido V3 introduces two core products: - **Lido Core**: Powers stETH through 600+ node operators - **stVaults**: Customizable staking infrastructure for institutions stVaults allow users to configure their own node operators, custody arrangements, and reward routing while maintaining the option to mint stETH for liquidity. **Key Benefits:** - Transparent, on-chain validator selection - Auditable node economics - Enhanced decentralization through DVT and CSM modules - Modular architecture for institutional needs Currently live on Holesky testnet, with mainnet launch scheduled for October 2025.

The Ethereum entry queue has reached an unprecedented 47-day wait period, marking a significant milestone for the network. **Key Impact:** - New stakers face a 6+ week delay before earning rewards - Effective first-year APR drops from ~2.7% to ~2.15% - Queue length reflects growing interest in Ethereum staking **What This Means:** The extended queue time represents both a challenge and validation of Ethereum's staking mechanism. While traditional stakers must wait over a month to begin earning, the queue demonstrates sustained network participation. Liquid staking solutions like [Lido](https://lido.fi) offer an alternative by allowing immediate reward accrual, bypassing the entry queue entirely. This approach maintains the same security model while providing instant liquidity. **For Prospective Stakers:** Consider the trade-off between waiting periods and immediate participation when planning your staking strategy. The 47-day queue is currently the longest on record.

**Lido Poolside: Decentralization** event scheduled for **December 11 at 14:00 UTC** Key topics include: - CSMv2 updates - CMv2 landscape overview - Latest developments on GOOSE-3 & EGG initiatives This year-end session focuses on Lido's **decentralization roadmap** progress and strategic updates. [Register here](https://luma.com/62h7rxqy) to secure your spot for this dedicated protocol update.

**Two key Snapshot votes are live until December 1:** - **Curated Module Fee Adjustment** - Updates Node Operator fees to match current market conditions as an interim measure before Staking Router v3 and Curated Module v2 launch with automated pricing - **Treasury Stablecoin Conversion** - Proposes converting DAO stablecoins into sUSDS or tokenized money-market funds to generate yield on idle treasury assets Both proposals aim to optimize protocol competitiveness and treasury management. **Looking ahead:** Lido V3 expected to deploy onchain in December. [Vote on Snapshot](http://snapshot.box/#/s:lido-snapshot.eth)