Lido Onboards First Batch of Simple DVT Validators, Expanding Node Operator Base

🚨 Lido Expands, New Validators Onboard

By Lido
May 6, 2024, 6:34 PM
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Lido has announced that the first batch of Simple Distributed Validator Technology (DVT) validators on the platform, provided by SSV Network, are now active on the Ethereum mainnet.​ This follows the successful completion of the Lido x SSV testnet, where the aggregate validator performance exceeded all benchmarks set.​ In the coming weeks, selected participants from the testnet will be onboarded to the mainnet Lido Simple DVT Module, leveraging SSV's technology.​ The Simple DVT Module aims to onboard up to 250 new Node Operators to the Lido protocol, enhancing decentralization and resilience.​ The testnet featured 163 participants from 32 countries, including solo stakers, community stakers, and professional node operators.​ The aggregate results surpassed the required benchmarks for uptime, block proposal success rate, and attestation effectiveness.​ Lido and SSV Network will present a proposal to the Lido DAO, suggesting which clusters and participants should proceed to the mainnet.​

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The Lido x SSV DVT testnet is complete ✅ Lido SSV validators coming to a mainnet near you soon.

SSV Network
SSV Network
@ssv_network

Thrilled to announce the completion of the 3rd testnet of SSV on @LidoFinance! All SSV clusters have passed with superb metrics compared to the network average and testnet benchmarks. The power of DVT is showing 🤖

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