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