DVT staking: revolutionize your staking experience

The incentivization program is offered by the SSV network to reward early adopters. By staking via our DVT Staking API or staking dAPP, you automatically qualify for this incentivized yield, based on the below criteria:

1. Your validator must be registered to the ssv.network after October 1st, 2023, and remain active until the end of the Incentivized Mainnet program or until the exhaustion of SSV in the Dedicated Multi-Sig wallet.
2. Rewards are calculated based on a tiered system, considering the total number of active days of your validators within a specific round.
3. The program will run for 12 monthly rounds, starting from epoch 232538 (approximately Oct-01-2023) until epoch 314887 (approximately Sep-30-2024), or until the reward pool is depleted.
4. The program is capped at 30K eligible validators. Validators joining beyond this cap will not be eligible for the increased yield.

To read the full criteria list, please refer to the SSV program page.

DVT refers to "Distributed Validator Technology". In the majority of PoS (proof-of-stake) systems, each validator is responsible for a single staking node. However, Distributed Validator Technology allows for the splitting of responsibilities and risks associated with a single validator node across multiple participants. The primary goals of DVT are to increase the security, decentralization, and resilience of the network by ensuring that no single point of failure exists.

DVT Staking API is an innovative product designed specifically for institutions and intermediaries, enabling them to leverage the advantages of Distributed Validator Technology (DVT). Our API simplifies the process of integrating with the SSV protocol, automating the staking process for enhanced efficiency and ease.

But there's more. Understanding the critical importance of security and validator performance for institutions, we have meticulously crafted a unique cluster within the SSV ecosystem. This "Institutional Cluster" comprises a carefully chosen array of validator partners, each renowned for their exceptional performance and stringent security standards. Clients integrating with our DVT Staking API benefit from having their funds managed by this elite group of operators, ensuring a top-tier staking experience.

When utilizing DVT Staking API, the client's validator key is managed collaboratively by multiple operators within a structure known as a "cluster." These clusters play a crucial role, as they are responsible for managing the validator key by dividing validator activities (such as attesting and block proposing) among the node operators.

P2P is actively collaborating with other partners to establish what we refer to as the "Institutional Cluster." This designation is deliberate, emphasizing our commitment to selecting operators who provide institutional-grade staking services. These services are not just about performance but also include comprehensive support for all available MEV relays, diverse setups in Consensus Layer (CL) and Execution Layer (EL), and a strategic geographical distribution of nodes to ensure robustness and resilience.

The specifics of this Institutional Cluster are detailed in our blog post, which outlines the criteria for our operator selection: Effortless ETH Staking - P2P.org and SSV Team Up. Our current partners are: Allnodes, Huobi, and Stakely.

Our DVT Staking API operates with a fee structure of 8% on the total staking rewards earned. Within this 8%, a portion is allocated as the SSV fee, which is currently set at 0.5%. This means that out of the rewards generated from your staking activities, 7.5% is reserved as our cluster service fee and a 0.5% is allocated as SSV protocol's fee.

When it comes to managing payments to validators within the SSV protocol, the process is efficiently integrated within our API. Node operators are remunerated for their contribution to the network, such as block proposing and attesting, directly through the protocol.

As a client, you will need to top-up a specific cluster balance with SSV tokens. This balance is used to manage the operational costs within the cluster, including node operator payments. The rewards earned from the validators' activities are automatically allocated, from which our service fee (including the SSV fee) is deducted. The remaining rewards are then credited to your address.

Enhanced Security and Fault Tolerance: DVT's distributed nature means that your staking operations are not dependent on a single node operator. This significantly reduces the risk of system failures, security breaches, and the impact of potential attacks, as responsibilities and tasks are shared across multiple providers.

Diversification and Reduced Risk: By spreading your staking across various operators and geographical locations, DVT minimizes the risks associated with relying on a single validator or location. This diversification ensures more stable and reliable staking outcomes.

Cost Efficiency: DVT allows for more efficient management of staking operations. By distributing tasks across various nodes, operational costs can be optimized, translating into better cost-efficiency for the clients.

High Performance and Reliability: With nodes distributed globally and managed by top-performing operators, DVT systems typically exhibit higher uptime and performance consistency, contributing to potentially greater staking rewards.

Technology Risks: As with any technology reliant on software and online connectivity, there is always the risk of software bugs, vulnerabilities, or unforeseen technical issues that could affect the system's stability.

Market Risks: A key consideration is the volatility of the SSV token price. Since users top-up the cluster balance with SSV tokens, a price decrease can lead to operators increasing their fee in SSV tokens to maintain their margins. This necessitates users to pay more and constantly monitor their balance to avoid liquidation risks.