SSV Network Reaches New Milestone With Over 1,000,000 ETH Staked

SSV Network, a decentralized staking infrastructure, is redefining the resilience and robustness of Ethereum validators through its distributed validator technology (DVT).

Achieving a significant milestone, over 1,000,000 ETH is now staked on the SSV network, underscoring its growing influence in the blockchain space.

Launched on the mainnet approximately a year ago, SSV Network underwent extensive testing, auditing, and phased launches to ensure a secure and robust protocol. Today, SSV operates as a fully permissionless network, boasting over 700 operators spread across five continents. These operators utilize all available execution and consensus clients, showcasing the network’s versatility and global reach.

SSV Network is more than just a staking infrastructure; it offers a comprehensive suite of tools designed to support a diverse ecosystem of builders, protocols, and tooling. This suite provides developers with the necessary resources to integrate seamlessly with the network, making it easier to build on SSV.

In addition to providing sound infrastructure, SSV Network also offers extensive developer tooling to facilitate easy and seamless integrations. This approach ensures that both developers and users can benefit from the network’s robust capabilities.

To further promote the use of DVT, SSV Network incentivizes all its validators. Currently, over 31,000 validators are receiving an annual percentage rate (APR) boost of 30%, encouraging more participation and enhancing the network’s overall security and reliability.

In summary, SSV Network continues to innovate and expand, setting new standards for decentralized staking infrastructure. With its milestone of over 1,000,000 ETH staked and a global network of operators, SSV is poised to play a crucial role in the future of Ethereum staking and beyond.

Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.