EtherFi plans to deploy $100 million in equity on its distributed validators in collaboration with Obol Labs

2024-04-23 19:02:18

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ChainCatcher news, distributed validator technology provider Obol Labs announced that its partner EtherFi plans to deploy $100 million worth of equity (1,000 validators) on Obol Distributed Validators (DVs). These validators will be operated by a multi-organizational cluster consisting of seven professional validation organizations, including Pier Two, DSRV, Nethermind, Chainnodes, A41, Cosmostation, and Validation Cloud. These node operators have extensive experience in running Obol DVs.

It is reported that the Liquidity Re-staking Protocol (LRP) EtherFi aims to maintain a secure, resilient, and decentralized staking environment. Furthermore, by adopting distributed validators, EtherFi and Obol Labs are working together to ensure the highest quality re-staking capital for Activating Validator Services (AVSs).

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