Welcome, everyone, to Issue #4 of the SSV DAO Updates. This is an auspicious issue for an auspicious occasion. With ssv.network mainnet on the doorstep and the entire ecosystem going live with it, there are many things to discuss. This post will look at the grants ecosystem, important new proposals, the bustling developer ecosystem, events, and more.
Let’s get stuck in.
As the ssv.network poises itself to go live, so will an entire ecosystem of builders, node operators, DAO, and community members. The protocol was developed as a public good for everyone to use, and in this spirit, it is governed and driven by the users and community. This means every stakeholder in the protocol can and should play an active role in ensuring its continuity.
The main way to navigate the protocol into the future is through submitting and voting on proposals in the ssv.network Forum. To increase participation and discussion of proposals, we’ve decided to start batching proposals. Instead of dealing with proposals sporadically, we now host an AMA and discuss the new batch of proposals as they go live on the forum every 3 to 4 weeks.
Your vote counts, so seize the opportunity to reach the minimum quorum and effect a change.
- Core Development Grant — Building our core infrastructure with Blox.
- Marko’s Extension as DAO Development & Evangelist.
- Ben’s Proposal as DAO Facilitator and Coordinator.
Ecosystem growth is imperative and goes hand in hand with improving technology. The name of the game is cooperation. We learned this lesson early on when we started developing ssv.network, and the community around it. Nearly three years later, we can see a bustling ecosystem innovating in all directions.
When mainnet goes live ssv.network will be the first zero coordination DVT Network that has builders creating full-on staking applications ranging from squad staking to institutional liquid staking solutions.
We are funding the future of DVT. The SSV DAO launched a $50 mil Ecosystem Fund alongside 14 industry-leading partners. The fund’s Northstar is to improve a grantee’s chances of reaching the final stages of deployment on the ssv.network.
- Pitch Day #1 saw 6 teams presenting their staking applications to 20 EcoFund members from 14 different funds.
- Pitch Day #2 had 4 projects, with interest from 12 different funds.
There are various projects in discussions with VC partners to get their applications off the ground. Get funded to play a part in the Future of Staking.
The SSV DAO Grants Program has seen many new builders enter since the previous update. With 15 new teams building, the total grants allocated have risen to 43, and a total of $2.5 million has been allocated to building the next go-to staking applications and tooling.
Offline Events & Panels
Since ETHDenver the aim has been to talk about the benefits of a DVT Network. We want to show how ssv.network delivers an easy-to-use, scalable, and decentralized platform, that can be used to power future Ethereum staking applications.
For token holder info and current voting quorum, check out the SSV Dune Dashboard. We have seen steady a growth of wallets holding SSV. This increase has seemingly translated to more members in the ssv.network Snapshot that participate in voting.
Tools & Code
For a deeper insight into co-development, check out the ssv.network Developer Report for March and April. Including a bunch of new video tutorials on setting up nodes and your own LST pool.
The Future of Staking is Here
Don’t miss out on our Mainnet Call #1 on the 4th of July! We’ll be releasing all the details about the ssv.network rollout plan and the details associated with with each phase until the protocol is live for everyone!