2024

DeFi

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<h4><a href="http://p2p.org/">P2P.org</a> combines technology that offers organizations a safe, rewarding staking solution. Most organizations never get to stake a large amount and increase their protocol’s security. </h4> 
That’s where<a href="http://p2p.org/" target="_blank" rel="noopener"> P2P.org</a> comes in. Let’s get right in with P2P.org’s DVT Restaking feature. 
<h5>What is P2P.org’s DVT Restaking?</h5> 
Restaking is one way to enjoy compound wealth. Since <a href="https://www.altcoinbuzz.io/?s=Restaking" target="_blank" rel="noopener">restaking</a> became famous in 2023, DeFi protocols have been working to ensure stakers get the best services and highest-yield-earning opportunities. Let’s look at one DeFi protocol that introduced a better Restaking option for even prominent clients. 
<a href="http://p2p.org/" target="_blank" rel="noopener">P2P.org</a> introduces a new restaking service that utilizes the potential of the SSV network and EigenLayer. P2P.org allows institutional or organizational clients to earn rewards while ensuring the safety of their assets. The combination of <a href="https://blog.pantherprotocol.io/understanding-distributed-validator-technology-dvt/" target="_blank" rel="noopener">DVT</a> (Distributed Validator Technology) from SSV and EigenLayer restaking protocol creates a robust product out of P2P.org. By using<a href="http://p2p.org/"> P2P.org</a>’s DVT restaking service, you can earn 5.6% APR, which will also help secure Ethereum and L2 chains. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 By integrating SSV’s DVT with EigenLayer's restaking technology, P2Porg simplifies the participation process for institutions in the cryptocurrency staking space without adding operational complexity or risk. Read more:<a href="https://t.co/5LlYQ92S2C">https://t.co/5LlYQ92S2C</a> 
 — P2P.org (@P2Pvalidator) <a href="https://twitter.com/P2Pvalidator/status/1780687000514744544?ref_src=twsrc%5Etfw">April 17, 2024</a>
</blockquote> 
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P2P did some clever work by launching a restaking platform using DVT. This intelligent work makes restaking a lot easier. Institutions and individuals can now restake their assets without all the complexities attached to restaking. 
<h5>More About P2P.org</h5> 
P2P.org’s DVT-powered restaking is already in use, and one of its first-ever biggest clients is <a href="https://www.matrixport.com/m/" target="_blank" rel="noopener">Matrixport</a>. Matrixport is in Hong Kong, and its services are second to none: top-notch with attention to detail. It offers services that are easy to use and decentralized for the safety of assets. 
Matrixport’s use of P2P.org’s restaking services will put P2P.org out there to investors as a platform for earning yields while staying secure. P2P.org’s restaking service is one of the first to use DVT for organizational clients. DVT boosts Ethereum’s staking security and the whole ecosystem. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 HUGE AND VERY IMPACTFUL MILESTONE! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2b50.png" alt="⭐" class="wp-smiley" style="height: 1em; max-height: 1em;"> We've reached a half million of restaked ETH, source: <a href="https://t.co/Fb3qdq5CMC">https://t.co/Fb3qdq5CMC</a> 
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f942.png" alt="🥂" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Also, The network crossed 10% restaked currently (vs. staked ETH) source: <a href="https://t.co/LWZq2vIZaa">https://t.co/LWZq2vIZaa</a> <a href="https://t.co/eWnO3ZL8Va">pic.twitter.com/eWnO3ZL8Va</a> 
 — P2P.org (@P2Pvalidator) <a href="https://twitter.com/P2Pvalidator/status/1779801947433803999?ref_src=twsrc%5Etfw">April 15, 2024</a>
</blockquote> 
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<a href="http://ssv.network/" target="_blank" rel="noopener">SSV.network</a> provides staking technology based on distributed validator technology (DVT). SSV is an open-source protocol that allows anyone to use their staking technologies to create their services or applications powered by DVT. Developers and organizations can take advantage of this and build their staking platforms. 
<a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a> 
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<h6>Disclaimer</h6> 
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. 
The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/p2p-orgs-dvt-restaking-on-ssv-network-exceeds-500k-eth/">P2P.org’s DVT Restaking on SSV Network Exceeds 500k ETH</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

P2P.org’s DVT Restaking on SSV Network Exceeds 500k ETH

Altcoin Buzz

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