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
1 Day Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
1 Day Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
2 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision
4 Days Ago Layer 1 MANTRA's token falls 90% in sudden crash; team blames 'reckless liquidations'
4 Days Ago Canada to launch spot Solana ETFs this week: report
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open