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CryptoIntelligence 2024-07-11 19:26:36

Simple DVT Module Powered Validators Go Live

The SSV-powered distributed validators (DVs) have been launched as part of the new Simple DVT Software Module, which is ready to accept deposits. This technology is a key part of Lido’s strategy, a liquid staking solution for Ethereum, to diversify its node operators and enhance the protocol’s resilience, distribution, and security. The Simple DVT module is specifically designed to foster a more scalable and permissionless ecosystem for future DVT-based applications. Eridian, the Simple DVT administrator at SSV Network DAO, emphasized the significance of this development, stating, “The Lido middleware utilizing DVT protocols including SSV is an important step towards vastly

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