Lido is closing its Golden Goose Vault (GGV), which was launched in September 2025 as part of the Lido Earn product line. Users are now required to either migrate their positions into the EarnETH meta-vault or withdraw their assets entirely.
The deadline for withdrawing funds in the form of wstETH is November 17, 2026. After this date, any remaining positions will be automatically converted, and withdrawals will only be processed in WETH, which does not generate staking rewards.
This closure follows a consolidation strategy initiated in March 2026, when Lido began merging standalone vaults into the EarnETH and EarnUSD meta-vaults. By early November 2026, the total value locked in EarnETH reached approximately $213 million.
Lido recently integrated Firelight into EarnETH on November 5, 2026, providing a first-loss buffer for the vault. This coverage is capped at approximately $12.1 million, which is supplemented by a separate $3 million wstETH allocation from the Lido DAO.
