SSV Network Changes Subsidy Support Format, Introduces Bug Bounty, and More
CryptoNewsTerminal Staff10 Jun, 2024
SSV Network Changes Subsidy Support Format, Introduces Bug Bounty, and More
SSV Network, a prominent decentralized Ethereum staking infrastructure service platform, recently announced significant changes to its subsidy support structure. Moving forward, the platform will discontinue its seed funding and TVL subsidy programs. In place of these broad support measures, SSV Network will implement a more targeted approach that prioritizes partnerships and sustainability. Key elements of the revised subsidy plan include: Bug Bounty Program: Incentivizing the community to identify and report vulnerabilities in the SSV Network protocol. Small Subsidy Support: Providing targeted assistance to projects and initiatives that align with SSV Network's goals and contribute to the growth of the Ethereum ecosystem. Through these changes, SSV Network aims to foster a more sustainable and collaborative environment within the Ethereum community. By emphasizing partnerships and strategic collaborations, the platform believes it can better support the development and adoption of Ethereum staking infrastructure.
