SSV x StaFi grant proposal [Protocol Integration]

We want to inform the community that the grant committee has approved the following grant request on June 26th 2023:

StaFi Protocol

Total grant: $40000

Payment terms: The grant will be paid in 100% SSV 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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Thank you for the grant!

We are thrilled to announce the successful completion of milestone 1 of our Grant. StaFi has successfully integrated SSV DVT into the StaFi rToken app on the testnet.

To experience the integration, please visit: https://test-app.stafi.io

You can also follow us on Twitter for updates: https://twitter.com/StaFi_Protocol/status/1712411227434164417

For those interested in exploring the source code, it is available on GitHub: GitHub - stafiprotocol/eth-ssv-client

To learn more about the SSV DVT integration and its functionalities, please refer to our documentation: Distributed Validator – StaFi LSD Docs

We encourage all stakers to participate in testing the SSV integration by staking their ETH on the Goerli testnet. Your feedback and contributions are highly appreciated as we continue to enhance and refine our protocol.

About StaFi

StaFi protocol is a liquid staking protocol for multiple POS blockchains. StaFi aims to solve the contradiction between Mainnet security and token liquidity in PoS consensus.

Users can stake PoS tokens through StaFi and receive rTokens in return, which are available for trading, while still earning staking rewards. rToken is a synthetic staking derivative issued by StaFi to users when users stake PoS tokens through StaFi rToken App . rTokens are anchored to the PoS tokens staked by users and the corresponding staking rewards. rTokens can be transferred and traded at any time.

To date, the platform has released up to 10 various liquid staking solutions including rETH (StaFi Staked ETH), rMATIC, rBNB, rATOM, among others.

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We’re excited to announce the achievement of a key milestone: StaFi has integrated SSV Distributed Validator Technology (DVT) onto the StaFi rToken app on Mainnet! This means you can now enjoy enhanced security and decentralization for your ETH staking, backed by a leading distributed validator network.

Experience the benefits:

Transparency and accountability are our top priorities. We successfully completed the first phase of the campaign by staking ETH from the StaFi treasury through a secure multi-signature process.

Ready to experience the future of secure and rewarding ETH staking? Visit StaFi rToken app today: https://app.stafi.io

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We’re excited to announce the achievement of a key milestone: after migrating 11 trust validators to the SSV network, StaFi has activated 25 Validators on it, representing approximately 24% of the total validators. This further enhances security and decentralization.

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