{"id":73748,"date":"2023-02-07T20:45:12","date_gmt":"2023-02-07T18:45:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=73748"},"modified":"2025-09-09T15:59:22","modified_gmt":"2025-09-09T12:59:22","slug":"lido-developers-unveil-details-of-a-new-protocol-version","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/lido-developers-unveil-details-of-a-new-protocol-version\/","title":{"rendered":"Lido developers unveil details of a new protocol version"},"content":{"rendered":"<p>The Lido Finance team announced the rollout of a new version of its platform for liquid staking.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Today Lido contributors are proud to present Lido V2 \u2014 Lido\u2019s largest upgrade to date and an important step towards further decentralization. <a href=\"https:\/\/t.co\/SDxlxCgMNq\">https:\/\/t.co\/SDxlxCgMNq<\/a> <a href=\"https:\/\/t.co\/KJewhEp8rV\">pic.twitter.com\/KJewhEp8rV<\/a><\/p>\n<p>\u2014 Lido (@LidoFinance) <a href=\"https:\/\/twitter.com\/LidoFinance\/status\/1622963224898330624?ref_src=twsrc%5Etfw\">February 7, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the developers, the upcoming upgrade will be the largest in the protocol\u2019s history, representing an important step toward decentralization.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">Lido V2 is centered around two major upgrades:<\/p>\n<p>1) Staking Router: A new modular architecture that allows anyone (incl. solo stakers) to become a Node Operator.<\/p>\n<p>2) Withdrawals: An upgrade allowing stETH holders to withdraw directly from the Beacon Chain.<a href=\"https:\/\/t.co\/SDxlxCgMNq\">https:\/\/t.co\/SDxlxCgMNq<\/a><\/p>\n<p>\u2014 Lido (@LidoFinance) <a href=\"https:\/\/twitter.com\/LidoFinance\/status\/1622963229067444225?ref_src=twsrc%5Etfw\">February 7, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Key components of Lido v2:<\/p>\n<ul class=\"wp-block-list\">\n<li>Staking Router \u2014 a new modular architecture that enables market participants, including solo stakers, to become node operators;<\/li>\n<li>Withdrawals \u2014 holders of stETH will be able to unlock the underlying asset \u2014 ETH \u2014 from the Beacon Chain (this capability will appear after <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-team-targets-tentative-date-for-shanghai-hard-fork-activation\">the Shanghai hard fork scheduled for March<\/a>).<\/li>\n<\/ul>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">Staking Router:<\/p>\n<p>A major protocol upgrade that transforms the operator registry into a modular and more composable architecture.<\/p>\n<p>With SR, Lido becomes a platform where stakers, developers and NOs can collaborate and drive the future of a decentralized Ethereum together. <a href=\"https:\/\/t.co\/ZvdCKLCZmZ\">pic.twitter.com\/ZvdCKLCZmZ<\/a><\/p>\n<p>\u2014 Lido (@LidoFinance) <a href=\"https:\/\/twitter.com\/LidoFinance\/status\/1622963234985725957?ref_src=twsrc%5Etfw\">February 7, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThanks to the staking router, Lido becomes a platform where stakers, developers and node operators can interact and jointly steer the future of a decentralized Ethereum,\u201d the developers said.<\/p>\n<\/blockquote>\n<p>Project participants said that the ability to withdraw stETH from staking and receive ETH in exchange will positively affect user experience and the DeFi sector as a whole.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">Withdrawals:<\/p>\n<p>Enabling stakers to unstake their stETH and receive ETH at a 1:1 ratio. <\/p>\n<p>Withdrawals for staked ETH will provide a smoother staking experience for users and boost the usability of stETH across the DeFi space. <\/p>\n<p>For more info: <a href=\"https:\/\/t.co\/XN4AZwtBIh\">https:\/\/t.co\/XN4AZwtBIh<\/a> <a href=\"https:\/\/t.co\/V9zltf2ER5\">pic.twitter.com\/V9zltf2ER5<\/a><\/p>\n<p>\u2014 Lido (@LidoFinance) <a href=\"https:\/\/twitter.com\/LidoFinance\/status\/1622963242132725761?ref_src=twsrc%5Etfw\">February 7, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Security audits are already underway. The next steps before deploying the second version will be a vote in <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-dao-decentralised-autonomous-organisation\">DAO<\/a> on the proposed innovations, as well as launching the system on the Goerli test network in early March.<\/p>\n<p>Lido leads the DeFi Llama ranking with a TVL of <span data-descr=\"the total value locked in the smart contracts of decentralized applications\" class=\"old_tooltip\">TVL<\/span> of $8.47 billion. <\/p>\n<p>Earlier, Ethereum developers <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-launches-testnet-to-test-eth-withdrawal-from-the-beacon-chain\">launched a testnet<\/a> to test withdrawals of ETH from the Beacon Chain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Lido Finance team announced the rollout of a new version of its liquid staking platform.<\/p>\n","protected":false},"author":1,"featured_media":73749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1289,1387],"class_list":["post-73748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-staking","tag-lido"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=73748"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73748\/revisions"}],"predecessor-version":[{"id":73750,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73748\/revisions\/73750"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/73749"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=73748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=73748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=73748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}