Key Insights from SSV Network DAO Meetup in Berlin


Joerg
Hiller


Sep
16,
2024
12:37

Explore
the
pivotal
updates
from
the
SSV
Network
DAO
Meetup
in
Berlin,
including
scaling
plans,
budget
strategies,
and
solo
staker
inclusion.

Key Insights from SSV Network DAO Meetup in Berlin

The
recent
SSV
Network
DAO
Meetup
in
Berlin
brought
together
key
stakeholders,
including
SSV
DAO
committee
members,
SSV
Labs,
SSV
Foundation,
and
SSV
Divers.
This
bi-annual
event
serves
as
a
crucial
platform
for
discussing
the
future
of
the
SSV
Network
protocol
and
ecosystem,
according
to

SSV
Network
.

Community
and
Contributor
Engagement

The
meetup
highlighted
the
contributions
of
SSVDivers,
who
have
been
instrumental
in
expanding
community
engagement
and
supporting
new
operators.
Their
efforts
were
celebrated,
emphasizing
the
importance
of
community-driven
initiatives
in
the
SSV
ecosystem.

Operational
Enhancements
and
Budget
Strategy

Ben,
the
DAO
Facilitator
and
Coordinator,
discussed
the
need
for
improved
monitoring
and
alerting
systems
to
support
the
ecosystem’s
builders.
The
focus
on
tooling
aims
to
provide
participants
with
essential
metrics
and
insights
for
efficient
business
operations.

Budget
discussions
were
central
to
the
meetup,
particularly
around
the
grants
program.
The
SSV
DAO
has
committed
$5
million
to
support
ecosystem
growth,
with
26
grants
completed
and
46
more
in
the
pipeline.
Detailed
budget
specifics
will
be
released
on
the
forum
for
community
discussions.

Inclusion
of
Solo
Stakers

GBeast,
head
of
the
Validator
Operations
Committee
(VOC),
provided
updates
on
including
solo
stakers
in
the
Validator
Operator
(VO)
program.
New
rules
focusing
on
fairness
and
transparency
were
introduced,
marking
a
significant
milestone
for
decentralizing
Ethereum.
The
VOC
is
also
working
on
improving
data
availability
and
streamlining
the
onboarding
process
for
solo
stakers.

SSV
Labs:
Focus
on
Scalability

Taiga
from
SSV
Labs
shared
plans
for
optimizing
the
network’s
infrastructure
and
scalability.
The
network
has
already
surpassed
$3
billion
in
Total
Value
Locked
(TVL),
making
performance
maintenance
a
top
priority.
One
notable
update
is
the
Alan
fork,
which
aims
to
reduce
network
messages
by
up
to
90%.
Research
into
various
optimizations
is
ongoing
to
implement
sustainable
long-term
solutions.

The
SSV
Labs
team
is
also
investigating
operator
performance
to
build
tools
that
help
operators
improve
their
setups,
ensuring
the
network
remains
robust
despite
continued
growth.

SSV
Foundation:
Building
Trust

Elad
from
the
SSV
Foundation
outlined
plans
for
creating
a
compliant,
transparent,
and
efficient
foundation
to
support
the
DAO’s
goals.
The
foundation
will
focus
on
building
trust
through
KYC/KYB
processes
and
streamlining
agreements
and
contracts.
For
2025,
long-term
budget
planning
and
treasury
management
are
top
priorities.

Looking
Ahead:
Budget
and
Sustainability

The
meetup
also
focused
on
financial
planning
to
support
various
initiatives
within
the
ecosystem.
The
DAO
is
proposing
a
budget
framework
for
the
next
four
years,
aiming
to
clarify
its
goals
and
the
means
to
achieve
them.
The
community
will
be
informed
about
these
plans
in
the
coming
weeks.

The
next
meetup
is
scheduled
for
six
months
from
now,
continuing
the
tradition
of
bi-annual
gatherings
to
review
progress
and
set
future
goals.

Image
source:
Shutterstock

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