SSV Labs proposes decentralized staking module for Lido on Ethereum

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

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.

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