Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
StaFi integrates the DVT function of SSV Network on the main network

StaFi integrates the DVT function of SSV Network on the main network

CointimeCointime2023/11/13 03:36
By:Cointime

According to official sources, the liquidity collateral agreement StaFi has announced the integration of the Ethereum collateral infrastructure SSV Network on the mainnet. Users can now collateralize their ETH to DVT on the StaFi rToken App. The current StaFi ETH liquidity collateral validator function supports both trusted validators and separate validators. The new Router module developed by StaFi will integrate existing validator services with upcoming SSV support and use its allocation algorithm to allocate users' collateralized ETH to the corresponding validators. To increase decentralization, StaFi plans to reduce the number of trusted validators and only use them as backups.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

What it’s going to take to hit $100K

MicroStrategy announced that it purchased 55,500 bitcoin last week, but that didn’t quite push BTC over the 6-figure edge

Blockworks2024/11/25 22:55

Why analysts are upping price targets for MSTR and COIN

MSTR shares hovered around $402 at 2 pm ET Monday — down 4.7% on the day but up 70% from a month ago

Blockworks2024/11/25 22:55