From Wikipedia (VESA BIOS Extensions):
VESA BIOS Extensions (VBE Core) 3.0 [Sep. 1998]
A superset of the VBE 2.0 standard. This standard adds refresh rate control, support for stereo glasses, improved multi-buffering support and other functions to the VBE 2.0 standard.
* Triple Buffering. Allows high speed applications to perform multi-buffering with less screen flickering and without having to wait for the graphics controller.
* Refresh Rate Control using GTF timings. This allows applications and operating system utilities to change the refresh rate in a standard way on all VBE 3.0 graphics controllers. Important for stereo applications, since when stereo is enabled, the user’s effective refresh rate is cut in half.
* Stereo Page Flipping. When viewing an application using stereo glasses, software needs to page flip twice as often as normal, because it needs to generate separate images for each eye. This new feature allows stereo compatible software to display properly.
* Hardware Stereo Sync. Allows stereo software to determine if there is a connector for stereo glasses on the user’s graphics card.