StaFi: The DVT feature of SSV Network has been integrated into the mainnet

2023-11-13 11:23:11
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ChainCatcher news, the liquid staking protocol StaFi announced that it has integrated the Ethereum staking infrastructure SSV Network on the mainnet, allowing users to stake their ETH to DVT on the StaFi rToken App.

The current StaFi ETH liquid staking validator functionality supports trusted validators and individual validators. The new Router module developed by StaFi will integrate existing validator services with the upcoming SSV support and use its allocation algorithm to distribute the staked ETH from users to the corresponding validators.

The Router will monitor the events and balances of the staking pool, which will reserve a certain amount of ETH for withdrawals. If the effective balance of the staking pool exceeds 20 ETH, users can choose to deposit 12 ETH as an individual validator and activate the validator on the beacon chain using their own server or SSV; this activation process needs to be completed manually. If the effective balance exceeds 32 ETH, the Router will automatically generate validator keys, register the validator on SSV, and activate the validator on the beacon chain. To enhance decentralization, StaFi plans to reduce the number of trusted validators and only use them as backups.

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