
ssv.network (SSV) - USDT
₮ 9.074
Just now
9.19%
Mkt. Cap.
₮ 115.39 M
Vol. 24H
SSV 1.38 M
(₮ 12.83 M)
Open 24h
₮ 8.310
Low/High 24h
₮ 8.310
-
₮ 10.08
2021-10-06: The CDT token is migrating to SSV; this page is dedicated to the updated token, following its transition from the initial CDT smart contract.
Whitepaper
Launch Date
2021-08-31
Max Supply
Not Applicable
Total Supply
12,715,891.23
Circulating Supply
12,576,424.42
Mkt. Cap. Penalty
0 %
Website
Built On
ETH
Token Standard
ERC20
Smart Contract Address
Decimal Places
18
Parent Asset Symbol
-
ssv.network (SSV) is a unique protocol that decentralizes and secures the operation of Ethereum validators by distributing an encrypted validator private key across different non-trusting nodes. Conceived by Ethereum Foundation researchers and later developed by Blox Staking, this protocol ensures that network performance isn't affected even if a portion of nodes goes offline.
The native token of the ssv.network, $SSV, is used as a payment method within the network. Stakers use these tokens to pay fees to the operators they choose to manage their validators and to the DAO for network access. The payment structure facilitates a competitive 'free market' environment amongst staking providers and incentivizes stakers to maintain a minimum balance of $SSV as collateral, ensuring network solvency. It enhances security and reliability for stakers and promotes transparency and competition among operators.