SSV launches $50M ecosystem fund to increase ETH staking tech

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Validator infrastructure developer ssv.community has launched a original ecosystem fund to increase Ethereum proof-of-stake decentralization — a hotfoot that the firm talked about would promote innovation spherical Ether (ETH) staking applied sciences.

The ecosystem fund, valued at $50 million, will increase initiatives constructing applications the utilization of allotted validator technology, or DVT, the firm announced on Jan. 19. The fund is completely dedicated to backing DVT snarl cases in increase of Ethereum’s lengthy-term decentralization efforts.

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