2/22/22
SSV Community Digest — Issue #13
Hello????? ssv.network community. Round 2 is over.?? We raised $10 Million??, reached 10k validators??, almost 3k operators?????, 51.93% APR??, outstanding Grant requests??, hiring proposals??, official SSV spec??, lots of international content ???? ???? ????, and updates to the ssv.explorer. A lot to digest! Happy reading.??
The ssv.network raised $10 Million to transform Ethereum 2.0.?? Period.
We received excellent media coverage from Coindesk.com and others??
?? “ETH Staking Startup ssv.network Raises $10M as Ethereum ‘Merge’ Inches Closer” | ?? “ssv.network injects $10M in ETH 2.0 staking infrastructure” | ?? “SSV Network Bags $10M From DAO Partners to Scale ETH 2.0 Staking”
Source: Token Damo
If you’re new?? to the ssv.network or want a quick refresher?? of our value proposition, the team released a fantastic whiteboard video?? titled ‘The Evolution of ETH Staking — Distributed Validator Technology Explained’. ??This is the pitch everyone needs to learn about.?????
By crossing the 10’000 validators mark??, we also marked the end of round 2?? of ‘Primus’, our incentivized testnet. The reward calculations have been released, and rounds 1?? and 2?? are already history. ? Off to rounds 3??, 4??, 5???
?? First, congratulations to your top Operators in round 1, CryptoManufaktur, Allnodes, DAppNode, Huobi Pool, and OneInfra. You deserve it.?? Let’s see who joins the party next.?????
? A validator staking 100 SSV generates 570% more rewards than a non-staking validator. ????? For example, given the current network parameters, 1 Validator + 100 SSV would result in 51.93% APR.?? That’s one hell?? of a deal. Please make your own simulation?? on our testnet calculator.
?? The SSV Token Explainer Series — Part 1 explains all those facts, along with a brief description of how to stake ssv in our Primus Testnet. ?? Another great ‘How to Stake ETH in SSV Network’ comes from DragonStake, making it easy for you to join.? But we don’t stop here:?? Dean#4242 made an updated video guide showcasing the process to set up a validator.
?? If you need more evidence that this is a great project to check out Hellman’s analysis report of the SSV incentivized testnet.??
?????? For our international community, there is great new content. For example, the Chinese ???? website Blockbeats released an analysis on Eth2 staking, not without mentioning SSV. Also, the guys from CRYPTOBASE | ?????????? made a great video in Russian language discussion on the ssv.network.???? ????
?? If you don’t care about facts and data and just believe in memes, this might convince you ??:
?? Now that we’re close to 3000? Operators, it’s time to introduce?? some of them to you. In the latest episode?? of our famous ‘Know your Operator’ series on YouTube, we had the guys from Frobole live on-air??. In addition to the video series, we released our first written? KYO coming from HashQuark, a staking service provider under HashKey. A great read!??
?? The DAO also had to decide about two new applications for the verified operator labels.????? Unfortunately??, neither the vote of Ahbaay nor ValiDiter reached the minimum required quorum. That’s why it is so important to cast your votes.???
?? Also, with the first HIRING proposal vote for gigashad#5602 (Shad), we kicked off a very controversial discussion?????. That’s why the team and Shad are hosting an ??AMA session this Thursday live on discord. You can send all your questions and concerns on Reddit.
Talking about votes??, the team released the first DAO Grants Video with AUDIT.one about their ongoing grant request to implement SSV into the AUDIT.one ETH2-Staking Pool.??
?? For the second time in a row, Ben Edgington reported on SSV (aka DVT) in his ‘What’s new in Eth2’ newsletter. This time he mentioned a great Reddit post from u/superphiz on how DVT solutions like SSV and Obol relate to Rocket Pool and Lido. A must-read for everyone.??
?? Finally, Alon Muroch announced a great step forward in standardizing SSV/DVT with the ‘Ethereum Distributed Validator Specification’ release.
?? DAO Updates
? = Accepted ?? = Declined ?? = Currently Voting ?? = Proposal??= New ?? = Updated ? = On Hold
?? HIRING: Ecosystem & DAO Contributor
? Multisig Committee appreciation proposal
? Formal Verification of SSV Protocol
? DAO curated node registry — ‘Verified Operators’ proposal
?? Verified Operator Request [ValiDiter]
?? Verified Operator Request [Ahbaay]
???? Verified Operator Request [Hellman]
???? Implementing SSV into the AUDIT.one ETH2-Staking Pool
???? SSV and Swell Network | Delivering the Next-Generation of Ethereum Staking
???? Fundamental Labs — DAO Partner Program
?? Enabling next-gen staking with SSV <> Stader
?? Development of DKG and resharing for SSV network
? POAP allocation and distribution
?? Videos & Podcasts
?? Events & More
The ssv.network is happy to sponsor “Web 2.0 to Web 3.0 for developers” event on Feb 24th in ????.
????? Tools & Code
SSV Explorer
New release of the SSV Explorer with significant updates to the operator table and pages. Check out the release notes for a complete list of changes.
Ethereum Distributed Validator Specification
Distributed Validators (DV) are a technique for distributing the job of an Ethereum validator among a set of distributed nodes to improve resilience (safety, liveness, or both) as compared to running a validator client on a single machine.
GitHub - ethereum/distributed-validator-specs: Ethereum Distributed Validator Specifications
Distributed Validators (DV) are a technique for distributing the job of an Ethereum validator among a set of…
We need you ??
Have you spotted ?? interesting content around SSV and related topics, or did you create content yourself? Let me know and drop me a line at batfleck9383@gmail.com. Any feedback is welcome.
— Ben
READY TO BUILD ON SSV?
