ETH Staking SSV.Network Launches Seamless Staking Via DVT

Developer-focused staking infrastructure SSV Network has announced the launch of its Ethereum Distributed Validator Technology (DVT), a permissionless ETH staking platform, as per a press release this Tuesday. The latest milestone aims to create a new standard for ETH staking, offering greater security for validators and strengthening the network by decentralizing its validation layer.

According to the team, the DVT-powered Ethereum staking will break the barriers to entry for ETH staking, giving users a wide range of benefits that it allows. First, the SSV Network narrows the gap for new entrants in ETH staking by offering a robust and permissionless infrastructure that helps developers build seamless platforms to stake ETH, stakers an easier platform to stake and zero-collateral node operations through a holistic solution.

Simply, SSV Network is a developer-based infrastructure that provides easy-to-use and scalable tools to build out staking platforms. The platform is powered by DVT technology, a permissionless framework that is designed specifically for ETH staking. With the latest permissionless ETH staking launch, public validators and node operators can join the network and stake their ETH in the first-of-its-kind DVT infrastructure.

The platform allows anyone to seamlessly stake their ETH and become a node validator on the network, contributing to the security and overall health of the second-largest blockchain. In support of the latest milestone reached, the SSV Network DAO has voted to distribute 1 million SSV tokens (~$25 million) to the community for simply registering new validators to the network. This can be done by staking directly on the SSV Network or via staking services that embed the DVT infrastructure. This means that users who select this method will be eligible for double rewards — on SSV Networ

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Author: CryptoDaily

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