Staked: ETH 5388, ~$167M
Attestation Rate: 99.52%
ssv.network is LIVE!
It has been a long time in the making, but we’re thrilled to finally release the public testnet for ssv.network❗️
SSV was originally conceived as a research concept by the Ethereum Foundation back in 2019. We became involved early on and helped develop a basic proof of concept. Soon after, we realized the potential and benefits it brings the ecosystem — might just be ‘the future of ETH staking’.
We have great partners who joined as early stage operators, and help us in building the network from the ground up:
- Foundry (DCG)
- Ethereum Foundation
- Prysmatic Labs
FIrst DAO proposal CDT → SSV Token
With the release of our testnet, it was the perfect opportunity to upgrade our native token, CDT.
The CDT to SSV token upgrade event is a significant milestone in the formation of the SSV.network DAO. The upgrade will be the 1st proposal brought to DAO review, if passed, SSV token will become SSV.network’s native token.
The contract upgrade itself will be voted on with CDT, if passed, all CDT holders will be able to swap their CDT with SSV at a 1:100 ratio.
We hope to see as many holders as possible voting on this decision and the ones to follow.
Extra credit !
We hosted our first ‘Know Your Operator’ session with one of Ethereum community’s most respected contributors, AKA Yorick (AKA Thorsten) of cryptomanufaktur.
We have a few more prominent staking services lined up so make sure to keep for the next KYO
If you’ve reached this far, here’s some extra credit for you: