Key highlights:
- SSV Network and Ether.fi have launched a Learn & Earn campaign on Galxe to educate users on Distributed Validator Technology (DVT) and liquid restaking.
- Participants can share in a $50,000 ETHFI prize pool, with 150 winners being randomly selected during the two-week campaign.
- The campaign aims to raise awareness of Ether.fi’s non-custodial protocol and its role in enhancing Ethereum’s decentralization.
SSV Network DAO and Ether.fi have teamed up to launch a Learn & Earn campaign hosted on the Galxe platform. This initiative is designed to educate the broader community on the significance of Distributed Validator Technology (DVT) and its critical role in the evolving landscape of Ethereum restaking. By participating in this campaign, users can not only learn about the benefits of decentralizing Ethereum’s base layer but also earn rewards as they do so.
The collaboration between SSV Network and Ether.fi allows participants to compete for a share of a $50,000 ETHFI prize pool, which will be distributed among 150 randomly chosen winners. Additionally, all participants will earn points as part of Ether.fi’s ongoing Season 3 initiative. The campaign, which spans two weeks, is aimed at fostering greater community engagement while providing valuable insights into how DVT improves Ether.fi’s restaking operations.
By joining the Learn & Earn campaign, community members will familiarize themselves with the pivotal role SSV Network plays in decentralizing Ether.fi’s non-custodial staking protocol. Ether.fi currently has over 6,500 validators operating on the SSV Network and has emerged as a major adopter of this open-source staking infrastructure. With more than $4.5 billion worth of ETH staked on Ether.fi, the ETHFI token has quickly become a leading asset within the decentralized finance (DeFi) ecosystem.
Since its mainnet launch in December, SSV Network has experienced significant growth, securing over 1.3 million staked ETH across its platform. Supported by more than 900 operators running over 40,000 validators, SSV Network has recently surpassed Kraken to become the fifth-largest staking provider on Ethereum. As DVT becomes increasingly integral to the staking industry, this Learn & Earn campaign will advance understanding of both DVT and liquid restaking while rewarding active participants.
The bottom line
The Learn & Earn campaign by SSV Network and Ether.fi represents an effort to educate and engage the community in the rapidly growing field of liquid restaking. By promoting the benefits of DVT and the importance of decentralization in Ethereum’s ecosystem, this initiative rewards participants for their involvement.
Source: https://coincodex.com/article/45672/ssv-network-and-etherfi-introduce-learn-earn-campaign-to-promote-liquid-restaking/