Stakely launched two Ethereum staking products on Sept. 9 using Lido protocol’s stVaults infrastructure: a public vault pairing ETH staking with EarnETH and dedicated, configurable vaults for institutional clients. The public product is open to individual users, who deposit ETH through a Stakely interface and receive an ERC-20 pool-share token representing their position. Stakely operates the validators, while Lido’s DeFi Wrapper can mint stETH against the staked assets and allocate it to EarnETH. Institutional clients receive segregated vaults with control over custody models, permissions, fees, liquidity design and technical parameters, while Stakely remains the validator operator rather than the custodian. The launch expands Lido V3’s stVaults ecosystem and does not introduce a separate Ethereum staking protocol. Lido has not guaranteed returns or published performance results for the public vault, and the announcement does not disclose deposits, named institutional customers or adoption targets. Existing operational, protocol, market and DeFi risks remain despite audits and controls.