The SSV token enables community ownership and active stewardship of the ssv.network protocol. It enables participants to govern the network through on-and off-chain mechanisms.
The protocol is governed, managed, and operated by the DAO, upholding the highest standards of decentralization.
The SSV token unlocks the ability to vote, keeping the network in check.
View current and past discussion, proposals and suggestions on the SSV DAO forum. Share your thoughts and help the network grow.
SSV token holders can vote on DAO proposals directly on snapshot. A vote needs to reach Quorum to approve a decision.
A proposal begins its life cycle in the forum as a discussion. This step is a litmus test for the idea, suggestion, or request. The forum provides a platform for community members to discuss everything related to SSV, including Development, Guidelines, Events, Tokenomics, or any other SSV-related issues. The forum is where developers, operators, partners, and community members collaborate, interact, share ideas, and improve the network. Long-lasting programs like the Grants and the Verified Operator Program have their own defined operating procedures. However, everyone can suggest changing those working mechanisms or the programs’ composition by starting a discussion on the forum.
If the discussion has gained enough traction, the next step is to draft a proposal according to the DAO guidelines. Everyone can draft and submit proposals to the DAO for consideration. Innovation is the lifeblood of the ssv.network, and we encourage you to start discussions for ideas that will improve and grow it.
The SSV token unlocks the ability to vote on proposals via Snapshot. The amount of $SSV held in their wallet, combined with the voting power delegated through delegation or a partner vesting, determines the overall voting power of the participant. Voting keeps the network in check and decentralized, mitigating many problems plaguing centralized governance systems.
When the community votes YES and approves a proposal, the implementation based on the specifications commences according to the proposal’s scope, triggering various parties and mechanisms. An approved proposal must have reached the minimum required quorum to be accepted and executed.
If a vote is approved, and depending on the proposal type, the Multi-Sig Committee will execute said proposal as-is. The Multi-Sig Committee are key community members elected by the DAO to act according to the DAO’s guidelines and the community’s needs, as expressed by approved votes. For this, the Multi-Sig will leverage the DAO’s Treasury if required by the proposal.
Step 1: Proposal Discussion
A proposal begins its life cycle in the forum as a discussion. This step is a litmus test for the idea, suggestion, or request. The forum provides a platform for community members to discuss everything related to SSV, including Development, Guidelines, Events, Tokenomics, or any other SSV-related issues. The forum is where developers, operators, partners, and community members collaborate, interact, share ideas, and improve the network. Long-lasting programs like the Grants and the Verified Operator Program have their own defined operating procedures. However, everyone can suggest changing those working mechanisms or the programs’ composition by starting a discussion on the forum.
Step 2: Draft Proposal
If the discussion has gained enough traction, the next step is to draft a proposal according to the DAO guidelines. Everyone can draft and submit proposals to the DAO for consideration. Innovation is the lifeblood of the ssv.network, and we encourage you to start discussions for ideas that will improve and grow it.
Step 3: Community Voting
The SSV token unlocks the ability to vote on proposals via Snapshot. The amount of $SSV held in their wallet, combined with the voting power delegated through delegation or a partner vesting, determines the overall voting power of the participant. Voting keeps the network in check and decentralized, mitigating many problems plaguing centralized governance systems.
systems.
Step 4: Proposal Approval
When the community votes YES and approves a proposal, the implementation based on the specifications commences according to the proposal’s scope, triggering various parties and mechanisms. An approved proposal must have reached the minimum required quorum to be accepted and executed.
Step 5: Implement Proposal
If a vote is approved, and depending on the proposal type, the Multi-Sig Committee will execute said proposal as-is. The Multi-Sig Committee are key community members elected by the DAO to act according to the DAO’s guidelines and the community’s needs, as expressed by approved votes. For this, the Multi-Sig will leverage the DAO’s Treasury if required by the proposal.
SSV promotes fault tolerance and security. It eliminates staking risks by splitting a validator key into multiple shares and distributing them to non-trusting nodes. Run your validator while storing your keys safely offline.
The SSV token coordinates the different stakeholders participating in SSV Network. It provides full transparency, cost control, and flexibility for stakers and operators.
Network overview – the latest stats including price movement, holders, supply, and partners.
