SSV Network's $6m Grant Proposal for SSV Labs
CryptoNewsTerminal Staff02 Sep, 2024
SSV Network's $6m Grant Proposal for SSV Labs
SSV Network, a decentralized Ethereum staking infrastructure service platform, has proposed a $6 million grant to SSV Labs through its governance platform, X. This grant is intended to support SSV Labs in continuing to develop technology for SSV Network. SSV Network utilizes distributed validator technology (DVT) to increase the decentralization and security of the Ethereum network. By enabling validators to run on regular computers, DVT aims to enhance the accessibility and inclusivity of staking for Ethereum. The proposed grant will contribute to SSV Labs' ongoing efforts to advance SSV Network's technology, solidifying its position as a leader in the Ethereum staking ecosystem.
