SSV x NodeDAO grant proposal [Liquid Staking]

We want to inform the community that the grant committee has approved the following grant request on August 8th 2023:

NodeDAO-SSV x NodeDAO Partnership Proposal (LiquidStaking)

Total grant: $40000

Payment terms: The grant will be paid in 100% SSV tokens based on a 7-day moving price average as of the approval date, re-calculated for every milestone.

Thank you :four_leaf_clover:

—Grants Committee

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Hello everyone,

We’re excited to share an update on the progress of NodeDAO, our innovative staking solution developed in collaboration with the SSV network. Our journey since the initial acceptance has been both challenging and rewarding, culminating in significant strides toward creating a more decentralized and secure staking environment.

Here’s what we’ve achieved so far:

  1. Development Milestones:

    • Successfully integrated with SSV network’s infrastructure to enhance our node operation capabilities.
    • Implemented a robust smart contract system for more secure and efficient node management.
  2. Features and Functionalities:

    • We built a SSV reward sharing feature, for everyone who will be staking with NodeDAO.
    • Introduced automated node deployment features that minimize the setup time for new validators.
    • Enhanced our DAO governance model, empowering our community members to partake in key decision-making processes directly.
  3. Testing and Optimization:

    • Conducted extensive testing phases to ensure the reliability and stability of our platform under various network conditions.
    • Optimized our system architecture to support scalability in response to growing user demand.
  4. Community and Support:

    • Grown our community support channels and hosted multiple AMA (Ask Me Anything) sessions to better connect with our users.
    • Published comprehensive documentation and how-to guides to assist users in navigating our platform.

Upcoming Plans:

  • We are gearing up for the next phase, which involves a pilot launch with selected participants to gather real-world data and feedback.
  • Continued development of additional features based on community input and technological advances in the blockchain space.

How You Can Help:

  • Join us, stake with NodeDAO to maximise your staking rewards and provide feedback to help us refine our solutions.
  • Participate in our governance processes and help steer the future of NodeDAO.

Resources:

We are deeply grateful for the enthusiasm and support from SSV Network for providing us this opportunity as well as our community . Your feedback has been instrumental in shaping NodeDAO into a pioneering staking solution. Stay tuned for more updates as we continue to develop and expand our platform.

Thank you for being part of our journey!

Best regards,
The NodeDAO Team

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