Lido & SSV – Integrating Distributed Validator Technology
Why you should listen Lido (the biggest LST by TVL on Ethereum) is deploying the new SimpleDVT module. Liquid staking protocols allow users to mint a transferable utility token that can be used in on-chain activities whi...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Lido (the biggest LST by TVL on Ethereum) is deploying the new SimpleDVT module. Liquid staking protocols allow users to mint a transferable utility token that can be used in on-chain activities while their stake is locked-up while they continue to get staking rewards without maintaining any staking infrastructure. Thus it is said to be “liquid”.
The Lido protocol is integrating Distributed validator technology (DVT) to help increase and decentralize its node operations. SSV Network is a leading DVT provider and will have its technology integrated into the module.
SSV Network distributed validator infrastructure establishes a new standard for staking by providing a permissionless and decentralized platform to develop the next go-to applications and tooling for the staking industry.
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