Lido says Luganodes stVaults are live for Lido V3, giving institutions dedicated, non-custodial ETH staking vaults run by Luganodes while still letting them mint stETH when they want liquidity. The target buyer is asset managers, ETF/ETP issuers, DAOs, and treasuries that want operator choice, isolated accounting, and custody of withdrawal credentials without eating the full illiquidity of native staking exits. Luganodes comes in as an identified Professional Operator with SOC 2 Type II and ISO 27001 certifications, Chainproof slashing insurance, audited stVault contracts, and Lido’s broader $2M Immunefi bounty behind the stack.

TLDR by @Benthic

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