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Diva (DIVA)

Last updated: Sep 15, 2023

Diva is a non-custodial Ethereum Liquid Staking Derivative (LSD) protocol powered by Distributed Validator Technology (DVT). It is a vertically integrated protocol that offers depositors a liquid staking token that accrues value with Ethereum’s staking rewards automatically without the need of running any infrastructure or trusting any central party.

Seed Round: $3.5 Million

Try testnet: https://docs.shamirlabs.org/testnet/intro/

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Overview

Project industry	Finance Services & Banking
Product type	Protocol
Whitepaper	Open

What is Diva

Diva is an Ethereum Liquid Staking protocol powered by Distributed Validator Technology (DVT).

It extends Ethereum's Proof of Stake providing new functionality for Stakers and Operators:

Liquid Stakers receive divETH, a Liquid Staking Token which generates Ethereum Staking Rewards.
Operators run a Distributed Validation node to fulfill staking duties and earn additional Operator Rewards.

Ethereum’s staking rewards are distributed among the Diva network participants according to their contributions.

divETH is a receipt token and its balance updates daily to reflect the deposited ETH balance plus its Ethereum staking rewards.

While other solutions have some of these features, Diva is the first solution that fully integrates Liquid Staking with Distributed Validation, offering both Liquid Stakers and Operators the most efficient functionality.