First DVT-based Ethereum Liquid Staking Protocol ClayStack Goes Live

First DVT-based Ethereum Liquid Staking Protocol ClayStack Goes Live
Source: Claystack

ClayStack Released the first DVT(Distributed Validator Technology) implementation of Ethereum liquid staking on mainnet. The protocol claimed to be a decentralized and scalable alternative to the existing liquid staking protocol in the market.

The protocol removes the minimum capital requirement to run validator nodes on Ethereum and makes the architecture highly scalable. Every validator will be run by a cluster of SSV operators, which will comprise of both professional and home-running node operators. This will increase the overall fault tolerance of the network and reduce its susceptibility to systemic failures.

Related: SSV.Network Launched Public Mainnet

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Source

Liquid Staking Derivatives (LSD)

Ethereum

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