The SSV DAO is delighted to celebrate one year of SSV Network live on mainnet with the community! To mark this auspicious occasion, the SSV DAO invites everyone to join the community call on 12 December at 2 PM UTC. The SSV DAO would like to extend a heartfelt thanks to the various contributors and community members for making this year, the year of DVT!

SSV Makes Waves in the Staking Ecosystem

Within the first year of going live on mainnet, SSV Network has become a vital component of Ethereum’s staking ecosystem, improving validator performance, security, and redundancy. With 1.8 million ETH in total value locked (TVL) out of 34 million ETH pledged on the Beacon Chain (not including other DVT projects), SSV Network now secures roughly 5% (4.7%) of the total ETH staked.

This milestone was achieved by extending grants to developers for building staking and restaking applications directly on SSV infrastructure. The result? A vibrant ecosystem of 80+ ecosystem partners spanning major platforms like Lido, Ether.fi, StakeWise, P2P.org, Renzo, and many more.

Top-tier node operators also utilize SSV to provide more secure, robust staking solutions. The network’s ability to eliminate the need for coordination between nodes has created a seamless new revenue stream for node operators, who earn rewards in SSV for their contributions.

A Year of Groundbreaking Milestones

2024 was packed with innovations and achievements that shaped the staking landscape:

Looking Back: The Impact of DVT

The numbers speak volumes:

The impact of DVT extends beyond these figures. By decentralizing Ethereum validators, SSV Network has enabled faster bootstrapping for staking and restaking applications. In the future, validators will take on more responsibilities while earning higher rewards, ensuring that Ethereum’s security remains based and decentralized.

Join the Celebration: SSV DAO Community Call

To commemorate this incredible year, the SSV DAO will host a community call on December 12, 2024. Featuring community members, DAO representatives, and SSV Labs team members, the event will celebrate the network’s achievements and outline plans for 2025.

Key discussion points will include:

• Past Year’s Highlights
• Devcon and DVT Summit Highlights
• SSV DAO Covers – 2024 Review & 2025 Plans
• SSV Network’s Future Roadmap & Vision

What’s Next for SSV?

2025 promises to be a year of growth and innovation. With a robust foundation laid in 2024, SSV DAO will focus on:

• Scaling the network to accommodate more validators and node operators following the Alan Fork.
• Supporting multi-client diversity with Anchor – the second SSV node client.
• Enhancing developer tooling to unlock new use cases for DVT-powered applications.
• New unified SDK supporting multiple coding languages.
• Enable operators to run 1000 validators per operator (current max is 500).
• 3X Faster Webapp – completely re-done with a new architecture.
• Upgraded incentivized mainnet program.

The SSV Network’s first year on the Ethereum mainnet was nothing short of groundbreaking. With the continued dedication of the community, DAO, and ecosystem partners, the future of staking on Ethereum is brighter than ever.

Here’s to another year of innovation, collaboration, and supporting Ethereum!

Website | Builders Hub | Network Hub | Discord | Dev Center | Documentation | GitHub