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SSV Network (SSV)

Last updated: Dec 07, 2022

The SSV network is a decentralized staking infrastructure that is used for staking and developing high-performance, secure and decentralized ETH staking applications, providing Ethereum’s distributed validator operation.

Testnet. Info

Seed Round: $10M

Blox (CDT) has rebranded to SSV Network. For more information, visit: https://blog.ssv.network/ssv-token-upgrade-is-here-d8292bba72e9

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Overview

Project industry	Blockchain Infrastructure
Product type	Protocol
Whitepaper	Open

What is SSV Network

SSV Network is a fully decentralized, open-source ETH staking network, based on Secret Shared Validator (SSV) technology.

SSV is also known as DVT, or Distributed Validator Technology, as it provides an open and simple infrastructure for splitting and distributing a validator key into multiple KeyShares, for the purpose of running an Ethereum validator across multiple non-trusting nodes.

Secret Shared Validator ($SSV) is the native token of ssv.network. $SSV's main use cases are payments and governance.

Payments - serve as a way for stakers to compensate operators for managing their validators
Governance - a way to participate in ssv.network related decision-making and treasury allocations.

$SSV is playing a pivotal role in the network’s ability to harness a community and motivate the right stakeholders to meaningfully contribute to the network.