The SSV token enables community ownership and active stewardship of the SSV protocol. Token holders govern the network through an on-chain administration process.
The protocol is governed, managed, and operated by the community, upholding the highest standards of decentralization. The SSV token unlocks the ability to vote, keeping the network in check.
View current and past discussions, 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.
The SSV DAO Treasury is managed and run by the community. The Multi-Sig Committee executes transactions voted on by the DAO.
View the network's performance in real time.
Detailed overview of a Proposal’s lifecycle
A proposal begins its life cycle in the DAO 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: New ideas, Grant request, Operator verification requests, SSV protocol testing, including Testnet updates, SSV version releases, Network issues and maintenance, and SSV roadmap.
The forum is where developers, companies, and community members collaborate, interact, share ideas and improve the network.
If the discussion has gained enough traction, the next step is to draft a proposal. Community members, staking companies, and developers can draft and submit proposals to the DAO for consideration.
If a grant or funds are requested, it is up to the community and the Grant committee to decide if the advantages are worth the cost. 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 an individual holds in their wallet determines their voting power. Voting keeps the network in check and decentralized, mitigating many problems plaguing centralized governance systems.
A proposal up for vote on the DAO forum must reach a quorum, or receive a majority of Yes votes from the community, to be approved. Once the vote reaches a quorum, the Multi-Sig Committee will certify or veto the results. The Multi-Sig Committee are key members of the community elected by the DAO to be the gatekeepers of the network. They are the final step in the proposal approval process.
When the community votes YES and approves a proposal, the technical implementation based on the specifications commences. If a grant was requested, funds from the DAO treasury are allocated during this phase. The Grants Committee members provide oversight and coordinate with the proposer to ensure the outputs and deliverables align with the details of the proposal.
ssv.network has a large and active DAO made up of dedicated community members, ambassadors, and partners. The Committee in charge of executing transactions on behalf of the DAO.
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. The shares run the validator while the key is stored safely offline.
The SSV token coordinates the different stakeholders participating in Ethereum’s decentralized security layer (Layer 0). The token provides full transparency, cost control, and flexibility to stakers and operators.
Follow the SSV token updates, the latest stats including price movement, holders, supply, and partners. Keep an eye on network participation, engagement, and ownership.