SSV DAO Updates: Issue #1

We’ll bring you back up to speed with all the relevant grants, proposals, and SIPs in the DAO. ‘SSV DAO Updates’

In the first issue of the SSV DAO Updates, we’ll bring you
back up to speed with all the relevant happenings in the DAO.


Strategic partnerships with the have allowed the protocol to
accrue an estimated $10 million, which has been earmarked for development
grants. As it stands, the DAO has
committed over $1 million to grants
from various established projects in the ecosystem.

Since the end of Primus, the DAO has seen a steady stream of grant applications rolling in as the
core team continues to improve the DVT infrastructure. In this period, we’ve
had various grant calls with prospective builders that wanted to — and some
that eventually did — build different staking applications using


Have a look at all the grant calls that were facilitated by the Grant
Committee during the period:

Swell Network
— Permissionless, non-custodial liquid staking protocol

— Observability & API for Prater

Ankr — ETH 2.0
Liquid Staking with Multi-Option Synthetics

XHash — XHash
Staking Service

— Institutional Liquid Staking for SSV Operators

Grants in Execution

Grants are essential to the continued growth of the network and since the
initiation of the grants program the DAO has committed grants to 12 projects
that are working to improve or build on the network infrastructure. Below are
the various grants which are currently in the execution phase. In every
following issue, we’ll keep you updated about new grants that enter
this phase. ‘Grants in Execution’

For more information about previous grants and those on the way, follow the
DAO grants
to see all the activity surrounding the network’s grant applications.


Besides the builders, check out the discussions of our latest
proposals and
Improvement Proposals) the community has been working on. Like the one where
we’ll be
DevCon Bogota’s Hackaton this year!

Some of the most important proposals the community has been working on
recently concern expanding the network’s dMarketing (decentralized marketing)

Following the success of our top dLeaders, the DAO has decided to
them and allocate a
marketing budget
for the commitment and time spent moving the community forward.

Join the
ambassador program
if you believe in what we’re doing and want to support the protocol’s efforts.

Operator Calls

During the recent
call with the
network’s operators, we discussed everything from the V2 testnet to MEV,
Forks, and what operators can expect next.

Tools & Code:

Play a Part in the Future of ETH Staking

Now that Shifu is open for public
testing, anyone can join the network and see how the network’s DVT
infrastructure works. With the increase of participants, we’ll need all the
community input we can get to direct the network to its place in the future of
ETH staking. That said, if you want to build, become a dLeader, or just learn
more about how the works, check out the
DAO page | Community Hub | Website.