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

Grants

Strategic partnerships with the ssv.network 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 ssv.network infrastructure.

Grant-Calls

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

Rated — Observability & API for Prater

Ankr — ETH 2.0 Liquid Staking with Multi-Option Synthetics

XHash — XHash Staking Service

Blockscape — 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.

ssv.network ‘Grants in Execution’

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

Proposals

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

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

Following the success of our top dLeaders, the DAO has decided to reward 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:

• V0.3.1 (This version includes the updated ENR) https://github.com/ssvlabs/ssv/releases/tag/v0.3.1

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 ssv.network works, check out the DAO page | Community Hub | Website.