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SSV Network proposes decentralized staking module for Lido on Ethereum

cryptoweekly by cryptoweekly
March 4, 2025
in bitcoin, News
0

The module may further increase Lido’s node operator set and improve staking risk mitigation, the CEO of SSV Labs told Cointelegraph.

SSV Network has proposed a new permissionless staking module for Lido, aiming to improve decentralization and staking infrastructure for institutional participants.

SSV Network proposed a permissionless staking module that leverages SSV’s Distributed Validator Technology (DVT) to integrate node operators (NOs) into the operator set of Lido on Ethereum.

If approved, the proposal would add the first third-party module for the Lido Staking Router, further decentralizing the set of node operators using Lido, according to a March 4 announcement shared with Cointelegraph.

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Recent Posts
  • XRP price consolidates for 200 days: Analysts predict where it’s going next
  • Chinese Bitcoin ASIC makers to begin US production amid tariff pressure
  • Circle dump: Cathie Wood’s Ark sells another $45M as shares tumble
  • What’s the GENIUS Act stablecoin bill that just passed the US Senate?
  • Bitcoin below $100K now ‘less likely’ as BTC price eyes liquidity at $106K
  • Europe’s first Bitcoin treasury firm buys another $20M BTC, now holds over $170M
  • China’s JD.com enters stablecoin race as US passes GENIUS Act

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