The Lido Labs Foundation unveiled stVaults on the Ethereum mainnet on Friday.stVaults marks a shift from a single-product model toward shared staking on the protocol through opening its infrastructure to external builders.In simple terms, stVaults let other teams plug into Lido’s staking system instead of building their own from scratch. Until now, developing an Ethereum staking product typically meant setting up validators, integrations and liquidity independently, which can be a costly and complex process. stVaults aim to lower that barrier by letting builders use Lido’s existing plumbing while customizing how staking works for their users.stVaults are isolated staking environments that…

The bubble in precious metals might have popped this week, with silver’s violent decline on Friday leading the group lower.Having touched a new record of $120 per ounce earlier in the session, silver has pulled back to $75 in U.S. afternoon hours, now lower by 35% for the day. Gold — which as recently as Sunday had never seen $5,000 per ounce — climbed to $5,600 at one point Thursday, but has now retreated to $4,718, down 12% for the day.Platinum is lower by 24% and palladium by 20%.To put silver’s move in perspective, it’s given back nearly its entire…

AI & Crypto

Read More

Politics

Don't Miss!