Lido v3 Upgrade Brings stVaults for Institutional Staking
Key Takeaways
Lido DAO (LDO) has introduced significant changes with the upgrade to Lido v3. The new features enhance the flexibility of the liquid staking protocol, particularly for institutional investors. The price of the LDO token recovered after a drop to $1.50, but technical indicators still suggest an uncertain market situation. On-chain data points to possible accumulation, which could present a buying opportunity.
What Does the Lido v3 Upgrade Bring?
Lido is the largest liquid staking protocol, with a total value locked (TVL) of over $25.5 billion. Users can stake their Ethereum (ETH) and receive stETH tokens, which can be used in decentralized finance (DeFi) applications while still earning staking rewards.
The Lido v3 upgrade introduces so-called “stVaults” (Staking Vaults). These modular smart contracts allow institutional investors in particular to customize their staking strategies. Parameters such as validation, fee structures, and risk profiles can be configured flexibly.
LDO Price Movement: Recovery After Decline
The LDO token has been moving within a specific price range since December. Recently, it fell below the $1.50 mark but quickly recovered. However, technical indicators such as the Chaikin Money Flow (CMF) and the Moving Average Convergence Divergence (MACD) remain bearish. The CMF is below -0.05, indicating capital outflows, while the MACD remains below the zero line – a sign of continued selling pressure.
Sentiment Indicators and On-Chain Data
According to data from Santiment, market sentiment for LDO has reached a nine-month high. This comes at a time when many altcoins are showing rather bearish signals. Increased whale activity could indicate that large investors are accumulating LDO.
Further on-chain data shows potential for future growth. The Mean Coin Age (MCA) metric dropped at the end of January when the price corrected from $2.40. However, in recent days, it has started to rise again, suggesting increasing reluctance to sell. The Dormant Circulation, which indicates whether long-term holders are moving their coins, has remained stable. This suggests that mid-term investors are still holding onto their LDO holdings.
You should read that too:
Is Now a Good Time to Buy?
The Market Value to Realized Value (MVRV) indicator shows that many LDO holders are currently experiencing slight losses. Combined with the recent test of local lows, this could present a buying opportunity. However, risks remain, as technical indicators still point to a weak market structure.
Our Assessment
The Lido v3 upgrade brings important improvements for institutional users and could support the protocol’s long-term growth. The LDO token is showing signs of recovery, but technical indicators remain inconclusive. Those considering an entry should closely monitor further market movements and apply risk management strategies.
| Wagering requirements | 35x bonus |
| 35x free spins winnings | |
| Minimum deposit | €20 |
| Maximum bet | €5 |
| Bonus validity | 30 days to claim |
| 14 days to wager / 7 days for free spins |
- There is no maximum bonus amount.
- 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
| Wagering requirements | 40x bonus |
| 40x free spins winnings | |
| Minimum deposit | 0.0005 BTC |
| Maximum bet | 0.00004 BTC |
| Bonus validity | 30 days after registration |
| 14 days (1st), 7 days (2nd), 1 day (3rd) |
- To get the bonus, enter the bonus code before the deposit.
- Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
- Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
- Free spins are provided in batches of 25 per day.
- Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
| 1st deposit | 120% up to $500 + 100 Free Spins |
| 2nd deposit | 100% up to $300 + 100 Free Spins |
| 3rd deposit | 150% up to $500 + 100 Free Spins |
| 4th deposit | 100% up to $300 + 100 Free Spins |
| Wagering requirements | 35x bonus |
| 60x free spins winnings | |
| Minimum deposit | $10 (1st) |
| $15 (2nd-4th) | |
| Maximum bet | $5 per round |
| Bonus validity | 30 days to claim, 7 days (1st-4th) |
| 7 days for free spins |
- You must complete the registration and verification process, including a valid email or phone number, to qualify for this bonus.
- You must select the desired bonus during the deposit process.
- There is a maximum withdrawal limit of $10 from winnings derived from free spins.
Advertising transparency