- DVT Staking API offers a streamlined workflow to accommodate risk, compliance
- It enhances institutions’ staking security and robustness for the end user
SSV.Network, a decentralized Ethereum staking infrastructure protocol, announced a partnership with P2P.org, a non-custodial institutional staking provider. Part of the integration is the DVT Staking API, which enables the seamless integration of staking services for institutions.
Mitigating risk and accommodating compliance
Designed by SSV.Network and P2P.org, the DVT Staking API offers a streamlined workflow to accommodate the diverse risk, compliance, and other needs of custodians, wallets, and neo-banks. The API provides seamless integration for initiating DVT-powered staking requests using the SSV protocol, enhancing institutions’ staking security and robustness for the end user.
It acts as a bridge, simplifying the navigation of DVT staking through P2P.org and other top-tier node operators and ensuring a seamless transition to decentralized staking for P2P.org’s institutional customers.
What is DVT?
Short for Distributed Validator Technology, DVT is a method used to distribute an Ethereum validator’s duties among multiple non-trusting nodes to provide fault tolerance and security. It plays a pivotal role in mitigating staking risks, offering a robust framework for managing digital assets and staking strategies.
Pluses of SSV.Network’s infrastructure
As the SSV.Network progresses through the last stages of the mainnet launch, more staking applications will be deployed using SSV infrastructure to secure and decentralize their validator operations.
Builders can easily harness the capability of the network’s smart contracts to swiftly deploy, scale, and decentralize various staking applications on Ethereum. Following SSV’s permissionless launch (pending DAO approval), anyone can join the network as a node operator or validator and enjoy the benefits of the network.
Alon Muroch, SSV.Network Core Team Lead, said:
From the largest institutional grade staking services to at-home stakers can benefit from using SSV.Network infrastructure. The goal is to have many diverse onramps to DVT-powered staking to secure and decentralize Ethereum. The P2P.org staking API is an excellent example of what can be done to promote the next era in staking.
Alex Esin, CEO of P2P.org, added:
We welcome all institutions and businesses to leverage this novel Staking API, to not only meet the demands of their current staking strategy but also to be well-prepared for the decentralized landscape of tomorrow.
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