Lido V3 Builders Showcase stVaults Innovation

The Lido Growth Committee has published a proposal on the DAO forum seeking authorization to purchase LDO tokens using up to 10,000 stETH from the treasury. **Key Details:** - Proposal aims to utilize existing treasury assets for strategic token acquisition - Would involve converting staked ETH holdings into native governance tokens - Community discussion and feedback period now open on the forum This follows previous discussions around automated buyback mechanisms for LDO, suggesting ongoing efforts to optimize treasury management and token economics. [Read the full proposal](https://research.lido.fi/t/utilizing-market-opportunities-steth-ldo-trade)

Lido is urging holders of its DVV, GGV, and stRATEGY vaults to upgrade to the new **EarnETH vault** as the older products are being sunset. Over **$100M has already migrated** to the consolidated vault. **Key changes:** - EarnETH deploys capital across blue-chip DeFi protocols including [Aave](https://aave.com), [Pendle](https://pendle.fi), and [Morpho](https://morpho.org) - New **first-loss protection** mechanism: $5M in Lido DAO treasury funds absorb the first 1% of losses before user deposits are affected - Accepts ETH, WETH, (w)stETH, and legacy Lido Earn tokens - Fully transparent, real-time allocation monitoring The migration consolidates Lido's DeFi strategy offerings, which have attracted $250M+ in deposits since September 2025. A parallel **EarnUSD vault** for stablecoin yields launched alongside EarnETH. [Migration instructions](https://help.lido.fi/en/articles/14038885-upgrading-to-lido-earn-metavaults)

**Lido Impact Staking (LIS) marks one-year milestone**, demonstrating how Ethereum staking can fund social impact projects. **Key achievements:** - 8 organizations onboarded (up from 1 at launch) - 204.78 ETH staked through the program - 6.44 ETH in staking rewards donated to partner organizations - Focus areas: climate, infrastructure, and inequality issues Built by [@launchnodes](https://twitter.com/launchnodes) on Lido's infrastructure and funded through [@LidoGrants](https://twitter.com/LidoGrants), the program converts staking yields into sustainable funding for global social initiatives. [Read the full one-year update](https://research.lido.fi/t/lido-impact-staking-one-year-update/11349)

Liquid Impact Staking is expanding its reach through several initiatives: **New Product Launch** - Stablecoin for Impact (SFI) allows users to deposit stablecoins - Lending yield generated through Aave is directed to social impact causes - Runs parallel to existing staking products **Growth Initiatives** - Multiple onboarding conversations with new organizations to support additional causes - Targeting both retail stakers and institutional capital - Integrating LIS into existing platforms to expand user access The stablecoin product represents a shift from traditional DeFi use cases like payments and settlements toward regenerative finance models.

**Foundation GSR** has become the first institutional donor to use **ImpactStake**, deploying over 40 ETH across multiple charitable causes. **Key Details:** - Marks a significant milestone for institutional participation in crypto philanthropy - Demonstrates viability of Liquid Impact Staking (LIS) beyond individual donors - Offers institutions a capital-preserving method for social impact This deployment validates that organizations can maintain their principal investment while directing staking rewards toward social causes—a model that could attract more institutional players to crypto-based philanthropy.