SSV Network Launches Permissionless Mainnet and Allocated 1M $SSV Token to Reward Users

SSV Network Launches Permissionless Mainnet and Allocated 1M $SSV Token to Reward Users

Ethereum staking infrastructure provider SSV Network has released its permissionless mainnet. SSV Network is the first project to provide distributed validator technology, or DVT. DVT enables Ethereum validators to share responsibilities with multiple parties, preventing single point of failure and improving overall resilience.

The largest Ethereum liquid staking protocol Lido Finance is in talks with SSV Network to enhance the decentralization of its operation.

In order to boost its adoption, SSV Network has recently approved an incentivization program, allocating 1 million SSV tokens to reward users for registering validators on the network. Users can stake directly on SSV Network or utilize staking services that integrate SSV's infrastructure.

Source

Staking

In This Article

Related News
Wormhole, EigenLayer and NEAR-focused Nuffle Labs partner to bring restaking beyond Ethereum Wormhole, EigenLayer and NEAR-focused Nuffle Labs partner to bring restaking beyond Ethereum
Starknet community approves vote to implement STRK token staking by end of 2024 Starknet community approves vote to implement STRK token staking by end of 2024
EigenLayer competitor Symbiotic crosses $1 billion in deposits in under a month EigenLayer competitor Symbiotic crosses $1 billion in deposits in under a month
Bitcoin Staking Protocol Babylon Raised $70M, Led by Paradigm Bitcoin Staking Protocol Babylon Raised $70M, Led by Paradigm
Ethereum Validator P2P.org Introduces Restaking Function on EigenLayer Ethereum Validator P2P.org Introduces Restaking Function on EigenLayer
Latest News More More
5 Hours Ago Rex Shares, Osprey Funds file to list MOVE ETF with SEC as Movement readies mainnet launch
6 Hours Ago Transaction fees generated on Solana network fall to lowest weekly amount since September
4 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
4 Days Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
5 Days Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open