As a seasoned researcher with a keen interest in blockchain technology and decentralized finance (DeFi), I find the collaboration between SSV Network DAO and Ether.fi intriguing. The Learn & Earn campaign on the Galxe platform not only offers an opportunity to gain knowledge about Distributed Validator Technology (DVT) but also a chance to win a share from a $50,000 ETHFI prize pool!
The SSV Network Decentralized Autonomous Organization (DAO) and Ether.fi have revealed plans to conduct a “Learn & Get Rewarded” program through the GalaXE platform. This initiative aims to instruct the community on the advantages of Distributed Validator Technology (DVT) for restaking, as well as the significance of decentralizing the fundamental layer of Ethereum.
The partnership between SSV DAO and Ether.fi offers a chance for contributors to win a share from a $50,000 ETHFI prize pool, distributed among 150 winners chosen at random. In addition, everyone involved will accumulate points in connection with Ether.fi’s Season 3 program. During the campaign’s duration of two weeks, it aims to boost community involvement and enlighten participants about the significance of DVT in enhancing Ether.fi’s staking procedures.
Participants in the Learn & Earn program will earn points by learning about how SSV contributes to decentralizing Ether.fi’s non-custodial protocol. Currently, over 6,500 validators are running on the SSV Network, making Ether.fi one of the top adopters of its open-source staking infrastructure. With more than $4.5 billion worth of ETH now staked in Ether.fi, the ETHFI token has emerged as a significant player within DeFi.
Since its mainnet debut in December, the SSV Network has experienced rapid growth. This growth is evident as Total Value Locked (TVL) has skyrocketed and more than 900 projects have adopted its technology. Currently, SSV Network safeguards over 1.3 million staked ETH and boasts support from a network of over 900 operators running approximately 40,000 validators. Recenty, SSV surpassed Kraken to claim the position as Ethereum’s fifth-largest staking provider.
DVT is now a cornerstone of the multi-billion dollar staking industry and plays a critical role in securing Ethereum’s validator layer. The Learn & Earn campaign in collaboration with SSV and Ether.fi will help to advance understanding of DVT and restaking while rewarding users for their participation.
About SSV Network
The SSV Network offers a user-friendly and adaptable platform for developers to build upon, specializing in scalable staking solutions. This infrastructure is fueled by DVT technology, an innovative architectural blueprint tailored for distributing validation across numerous machines. Due to its versatile design, SSV enables node operators and validators to effortlessly join the network and contribute to distributed staking in a trustless and decentralized fashion without requiring any specific permissions.
Learn more: https://ssv.network/
About Ether.fi
Ether.fi is a company specializing in the creation of a user-friendly liquid staking system on the Ethereum network. By streamlining the process of non-custodial staking, Ether.fi strengthens Ethereum’s decentralization and makes it more accessible for ETH owners to engage and receive rewards. The operation of Ether.fi’s non-custodial delegated staking system is backed by ETHFI, a liquid token with various applications within the Ethereum staking ecosystem.
Learn more: https://www.ether.fi/
Read More
Sorry. No data so far.
2024-08-27 16:13