SSV DAO to Distribute $10M in Grants for Staking Projects Ahead of Ethereum Merge

SSV DAO, the organization behind decentralized staking infrastructure ssv.network, will distribute $10 million in grants to development teams working on decentralizing Ethereum’s consensus layer. The SSV (Secret Shared Validator) DAO accrued $10 million in assets through strategic partnerships with Coinbase, Digital Currency Group and OKEx. SSV DAO will funnel more than $3 million into open and predefined grants for developers building applications and staking pools and other tools needed by the network. In addition, the organization has earmarked $3 million for bug bounties and $4 million for incentivised programs for early adopters and testers. The grants will be distributed in $USDC, $ETH and $SSV tokens.
Source

Staking

Infrastructure

Ethereum

DeFi

In This Article

Related News
Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
Vitalik Buterin suggests implementing ‘partially stateless nodes’ to help scale Ethereum Vitalik Buterin suggests implementing ‘partially stateless nodes’ to help scale Ethereum
Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Interchain Labs launches IBC Eureka to connect Ethereum to the Cosmos ecosystem Interchain Labs launches IBC Eureka to connect Ethereum to the Cosmos ecosystem
Latest News More More
1 Day Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
4 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
5 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
5 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open