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Home»Blockchain»SSV.Network partners with Ether.Fi to deliver revolutionary advances in wagering
Blockchain

SSV.Network partners with Ether.Fi to deliver revolutionary advances in wagering

2024-05-01No Comments3 Mins Read
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SSV.Network, the pioneering decentralization project, announces its partnership with Ether.Fi. The partnership with Ether.Fi is a revolutionary advancement for the entire staking system, as SSV’s Distributed Validator Technology will be injected into the latter’s platform, allowing stakers to experience decentralization and trust at new heights.

SSV and Ether.Fi increase Total Value Locked (TVL) to $2 billion

The new SSV’s DVT integration will add much-needed user diversification and debugging capabilities to the Ehter.Fi recovery platform. The integration opens up new possibilities for ETH security, as Ether.Fi now has access to the high TT NOS-tuned nodes of SSV’s global network.

The partnership between SSV.Network and Ether.Fi increased SSV’s Total Value Locked (TVL) to $2 billion last month. This increased TVL has doubled the number of Ethereum validators to over 19,000, illustrating the increased adoption of decentralized staking efforts.

Furthermore, the integration has resulted in a more operational protocol and a reward of 11 ETH MEV blocks. This illustrates a balance in the staking ecosystem – increasing reliability and security. Therefore, this cooperation is considered an important step in the growth of strike efforts.

Ether.Fi represents a well-known project based on decentralization and strong resilience, which saw the partnership with SSV as an opportunity to increase rewards for its customers and strengthen its position among the leaders who are still stepping down. Mr. Mike Silagadze, CEO of Ether.Fi, admitted that decentralization was a key factor in their work and that the partnership with SSV would bring innovative features to the staking world.

One of the key benefits of SSV’s DVT infrastructure is its ability to more effectively decentralize staking and protect markets from the risks associated with centralized platforms. Using SSV’s technology platform, Ether.Fi can improve its staking infrastructure, which will ensure the security and reliability of users while significantly increasing the efficiency of the market.

See also  Korbit partners with Coinbase to host Base Chain in South Korea

SSV.Network and Ether.Fi are setting new standards in security

The partnership between SSV.Network and Ether.Fi will promote an increase in the number of users of decentralized staking solutions and help establish new standards for security and trust in the staking ecosystem. Ethereum’s network strengthening will be made possible as more validators adopt SSV’s technology, culminating in a more decentralized and secure long-term future.

SSV.Network’s partnership with Ether.Fi is an exceptional technological achievement. The SSV’s Distributed Validator technology, integrated into the Ether.Fi platform, takes decentralization and trust to the top. These achievements with the highest TVL and Ethereum validators represent a new milestone for deploying security and trust.

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