SSV Network has passed two proposals: "Mainnet Incentive Program" and "Establishing SSV Foundation for DAO"

ChainCatcher news, Ethereum staking infrastructure SSV Network announced that two key proposals have passed snapshot voting. The mainnet incentive program will promote broader adoption of DVT through rewards, while the foundation company will help streamline both offline and online operations.

The "Mainnet Incentive Program" proposal aims to create an incentive layer for the running SSV mainnet, stimulating DVT adoption and the growth of the SSV network by rewarding participants operating on the SSV network over the next year. The program will run from epoch 232538 for a duration of 1 to 12 months, until epoch 314887. Each validator on the mainnet will receive SSV token rewards based on a tiered reward system, with the rewarded SSV tokens minted by the DAO.

Another proposal, "ssv.network DAO Foundation Merger," outlines the steps and motivations for establishing the Cayman Foundation for ssv.network DAO (referred to as the SSV Foundation), including foundation documents, personnel, and a timeline for establishment. Within three months from the approval of this proposal, the Foundation Working Group (FWG) will have the authority to instruct the SSV Foundation to take necessary steps to complete the registration process and begin smooth and efficient operations of the SSV Foundation.