SSV DAO launches a $50 million ecosystem fund to promote Ethereum's decentralization plan

ChainCatcher news, the decentralized organization behind the Ethereum staking infrastructure ssv.network, SSV DAO, has launched a $50 million fund, co-led by SSV and Digital Currency Group (DCG), to help improve the decentralized validator technology (DVT) infrastructure. DVT refers to a technology that allows Ethereum proof-of-stake validators to run simultaneously on multiple nodes.

Previously, ChainCatcher reported that SSV DAO allocated a $10 million grant to Ethereum staking projects in July 2022 to build DVT projects using the SSV protocol. (source link)