# Lido approves Staking Router v3 architecture

> The approved design replaces validator-count accounting with balance-based accounting, supports validators up to 2,048 ETH, adds governed consolidation-based module migration, updates exit oracles, and reserves configurable buffered ETH for consensus-layer deposits.

- URL: https://riadefi.com/on-chain/2026-06-22-lido-lip-35-staking-router-v3-architecture-approval/
- Type: Upgrade or migration
- Stage: Approved, not executed
- Evidence: confirmed
- Materiality: material
- Event date: 2026-06-22
- Version: 1, published 2026-08-22 (first published 2026-08-22)
- Follow-up: 2026-08-26
- Advisor-relevant: no
- Affects: Lido (protocol)

## What happened

Lido DAO approved the architecture and key parameters for Staking Router v3.

## What changed

The approved design replaces validator-count accounting with balance-based accounting, supports validators up to 2,048 ETH, adds governed consolidation-based module migration, updates exit oracles, and reserves configurable buffered ETH for consensus-layer deposits.

## What did not change

Snapshot approval did not deploy SRv3, execute module migrations, or establish that stETH withdrawal mechanics changed on-chain.

## Confirmed

- The vote closed on June 22 with overwhelming support.
- SRv3 is the foundation for the separately proposed CMv2 and CSMv3 modules.
- The design includes balance-aware deposits, top-ups, accounting, and exit-oracle behavior.
- The initial consolidation pipeline is scoped to migration from Curated Module v1 to v2.

## Still open

- Deployment timing, final audited code, and actual migration execution are not established by this record.
- The final governance-configured buffered-ETH reservation and operational limits remain to be verified on-chain.

## What it means for an advisor

- Reopen Lido architecture diligence before execution because accounting, exits, stake allocation, and module-migration controls all change.
- Verify that the withdrawal path and liquidity buffer behavior remain compatible with the memo's withdrawal-related kill criteria.
- Track audit completion, deployed bytecode, migration safeguards, and live parameter values.

## Sources

1. [LIP-35: Staking Router v3 Architecture and Key Parameters](https://snapshot.org/#/lido-snapshot.eth/proposal/0x8fdec5d2cb70f8a266c4f5a269051fcfa985fab0f66cbe747702719d7433f606) · Lido DAO via Snapshot · 2026-06-15


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.