SSV Labs proposes decentralized staking module for Lido on Ethereum

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The module may further increase Lido’s node operator set and improve staking risk mitigation, the CEO of SSV Labs told Cointelegraph.

SSV Network proposed a new permissionless staking module for Lido, aiming to improve decentralization and staking infrastructure for institutional participants.

SSV Network proposed a permissionless staking module that leverages SSV’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.

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