ChainCatcher news, SSV Network recently submitted two important proposals on its governance forum, which are currently under discussion.The first proposal aims to continue and expand the previous DIP-16 community and marketing management proposal, seeking additional funding for new activities and marketing services. This proposal requests $191,830 and $150,000 worth of SSV tokens for PR, conferences, and specific marketing activities, and additionally requests $1 million worth of SSV tokens as compensation for previous work.The second proposal involves technical upgrades and future development plans for SSV Network, including the Alan Fork upgrade, committee consensus upgrade, Pectra readiness upgrade, and several other technical improvements. This proposal requests $6 million worth of SSV tokens to support these technical development and upgrade efforts.

ChainCatcher news, according to CoinDesk, Lido announced that the simple distributed validator technology (DVT) software module supported by SSV Network has been fully deployed and is ready for deposits. According to the team: "The simple DVT module is designed to diversify the node operators connected to the Lido protocol and utilizing the protocol, while enhancing resilience, distribution, and security."This development also lays the groundwork for future more scalable and permissionless DVT-based modules. This release represents an important step towards a more decentralized, secure, and accessible Ethereum staking ecosystem.

ChainCatcher news, the SSV Network official announced on social media that the current ETH staking amount on the platform has exceeded 800,000 coins (approximately 2.8 billion USD).

According to ChainCatcher news, SSV Network has announced an adjustment to its funding strategy, which mainly includes:Enable a new application process: Temporarily close funding and reopen according to the new strategy;Stop seed round funding: No longer provide seed round funding for staking services and staking pools;Support existing grants: Guide currently approved grants to completion;Stop TVL grants: To avoid conflicts with the incentive mainnet program;Emphasize open funding: Focus on funding unique and critical components of the ecosystem;Maintain bug bounty and small grants: These programs will continue according to existing guidelines.

ChainCatcher news, SSV Network announced on social platforms that as a community-owned and DAO-managed protocol, it is crucial to identify, attract, and reward community members. A new community alliance program has been launched.

ChainCatcher message, SSV Network announced on social platforms that the last round of incentive activities has ended, with over 22,332 validators eligible to receive a total of 12,936 SSV, approximately 485,000 USD.

ChainCatcher news, Ethereum staking infrastructure SSV.Network has announced a roadmap aimed at significantly reducing the hardware requirements for operating over 20,000 validators within four months.The SSV Labs team stated that their goal is to reduce hardware requirements by 75-90% over the next 12 months, with the roadmap divided into several phases covering cryptography, consensus, and network optimization.SSV.Network also addresses the issue of network inefficiency by optimizing its network topology. By strategically mapping validators to topics based on cluster affiliations, the platform aims to minimize the burden on individual operators while maintaining network robustness. Message processing can be reduced by 98%.

ChainCatcher news, according to official sources, the ssv.network DAO has announced that the SSV core team has officially restructured into SSV Labs. SSV Labs will play the role of the core contributor to the ssv.network protocol, providing various services to the SSV DAO and foundation, while actively participating in the development of the protocol.It is reported that SSV Labs holds two seats in the DAO and has become a service provider for the DAO through proposals, including marketing activities. The three pillars of the SSV network are contributors, the SSV Foundation, and the ssv.network DAO, aimed at ensuring compliance, self-innovation, and the natural expansion of the ecosystem.

ChainCatcher news, Lido stated on social media that the SSV Simple DVT testnet has concluded and the mainnet is about to be launched. In the coming weeks, selected participants will use SSV's technology to join the Lido Simple DVT module on the mainnet.

ChainCatcher news, according to official sources, the multi-chain yield protocol Magpie's SubDAO organization Eigenpie, which provides liquidity re-staking services, announced integration with ssv.network to offer users native ETH re-staking. By enhancing the reliability and potential returns of staking operations through a decentralized validation process, ETH stakers can utilize their assets more efficiently.

ChainCatcher message, according to official news, ssv.network DAO has partnered with ether.fi to launch the latest Distributed Validator Technology (DVT) integration, aimed at enhancing the resilience of re-staking operations and mitigating potential risks. This collaboration will leverage the expertise of top global node operators and the geographical diversity of the SSV network to bring new milestones to ether.fi's re-staking operations.

ChainCatcher news, SSV Network announced on platform X that the Ethereum liquidity re-staking protocol Etherfi has integrated with the SSV network. By utilizing SSV, Etherfi provides its users with uptime and beacon chain rewards, ensuring that Etherfi's validators continue to operate smoothly even in the event of client errors or unexpected maintenance or hardware failures.

ChainCatcher news, Ethereum staking infrastructure SSV Network has launched a new Distributed Key Generation (DKG) tool, suitable for situations where private keys should not exist. DKG allows a group of parties to collaboratively generate key and public key pairs in a distributed manner, thereby protecting them from being leaked, even if a certain number of parties are compromised, and there is no need for key management.

ChainCatcher news, the Ethereum staking infrastructure ssv.network has launched the node hosting and staking platform Allnodes, which will jointly provide scalable and decentralized staking services.

ChainCatcher news, reported by The Block, the Ethereum staking infrastructure ssv.network has launched a permissionless mainnet, making it the first network to implement a permissionless mainnet using DVT technology. Anyone can stake and contribute to Ethereum. DVT allows Ethereum validators to be more decentralized, preventing single points of failure and enhancing overall resilience.Currently, ssv.network is conducting a third round of testing with Lido, and it is expected to enter the mainnet with Lido in the first quarter of next year.

ChainCatcher message, ssv network posted on platform X that the amount of ETH staked on ssv network has exceeded 70,000.

ChainCatcher news, Lido DAO has approved the deployment of the Simple DVT module, aimed at achieving diversification of Lido node operators. This module enhances the accessibility of validators and adopts the design of the curated operator module along with the DVT solutions from Obol Network and SSV Network, leveraging the experiences from the second and ongoing third DVT testnet trials to optimize the deployment.

ChainCatcher news, according to Twitter user Yu Jin's monitoring, 16 hours ago, four addresses that had been silent for nearly 6 years converted a total of 40.39 million CDT (old coins before the SSV 1:100 merger) into 403,964 SSV (approximately 9.15 million USD), and then transferred them to other addresses.

ChainCatcher message, OKX officially launched leveraged trading, simple coin earning, and SSVUSDT perpetual contracts for SSV/USDT on the web, App, and API at 12:00 PM (UTC+8) on November 23, 2023.