SSV Labs proposes decentralized staking module for Lido on Ethereum

Update March 4, 2:40 pm UTC): This article has been updated to include information on Clusterform’s role in filing the proposal.

Clusterform, an independent subsidiary of SSV Labs, has proposed a new permissionless staking module for Lido, aiming to expand the scope of node operators who can use the Lido protocol in a scalable and decentralized manner.

The firm proposed a permissionless staking module that leverages SSV Network’s Distributed Validator Technology (DVT) to integrate node operators (NOs) into the operator set of Lido on Ethereum.

If approved, the proposal would add the first third-party module for the Lido Staking Router, further decentralizing the set of node operators using Lido, according to a March 4 announcement shared with Cointelegraph.

SSV Network proposal. Source: Lido

By leveraging SSV Network’s DVT, the new staking module aims to enhance staking accessibility and security, according to Alon Muroch, the founder and CEO of SSV Labs, a core contributor to the…

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