SSV Network Launches Permissionless Mainnet and Allocated 1M $SSV Token to Reward Users

Ethereum staking infrastructure provider SSV Network has released its permissionless mainnet. SSV Network is the first project to provide distributed validator technology, or DVT. DVT enables Ethereum validators to share responsibilities with multiple parties, preventing single point of failure and improving overall resilience.

The largest Ethereum liquid staking protocol Lido Finance is in talks with SSV Network to enhance the decentralization of its operation.

In order to boost its adoption, SSV Network has recently approved an incentivization program, allocating 1 million SSV tokens to reward users for registering validators on the network. Users can stake directly on SSV Network or utilize staking services that integrate SSV's infrastructure.