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StaFi Protocol Enhances Ethereum Liquid Staking with DVT Integration

source-logo  blockchainreporter.net 09 November 2023 13:27, UTC

StaFi Protocol has integrated the Shared Security Validator (SSV) network’s Distributed Validator Technology (DVT) into the Ethereum mainnet, a major decentralized finance (DeFi) breakthrough. It improves Ethereum node accessibility and effectiveness for validators involved in liquid staking of $rETH, which represents staked ETH. This innovative move makes Ethereum liquid staking more secure and decentralized.

“DVT Safeguards Ethereum Validators from Key Theft and Slashing

DVT is a novel approach for validators to work across several nodes or machines. The goal is to dramatically improve Ethereum’s decentralization and security. StaFi strategically added Decentralised VPN (DVT) to its Ethereum (ETH) liquid staking solution. The new StaFi Router module will enable this integration. The implementation of Distributed Virtual Trust (DVT) relies on this module to improve Ethereum network security and decentralization.

Distributed Validator Technology (DVT) uses many security techniques to protect the Ethereum network. Prevention of validator key theft and slashing is its main goal. Until a majority of the N Co-Validators breach the security, a Distributed Verifiable Threshold (DVT) protects the validator’s staking private key. This method improves validator information security, making operations safer.

Distributed Verifiable Threshold (DVT) imposes strict cutting safety rules for validators. In an asynchronous network, the Validator will not be slashed unless more than one-third of the Co-Validators behave Byzantinely. The asynchronous network approach provides resilient security, preventing cutting events until a significant number of Co-Validators purposefully destroy network integrity.

StaFi’s Innovative Router Module Adds DVT to ETH Mainnet

StaFi’s liquid staking validator includes Ethereum trust and solo validators. To alleviate DVT and simplify validator type diversification, StaFi created Router, a new module. The module uses an allocation method to assign user-staked ETH to the right validator and integrates current validator services with SSV support.

The router module actively checks and balances the staking pool. A set amount of ETH is reserved for withdrawals. Users can donate 12 ETH as validators if the pool balance exceeds 20 ETH. To activate the Beacon Chain validator, they use their server or SSV. When 32 ETH is valid, the Router activates manually. IStaFi’s Router module’s addition of DVT to the Ethereum mainnet advances liquid staking. This smart move boosts Ethereum network security, decentralisation, and validator efficiency and accessibility. StaFi uses cutting-edge technologies and contributes to the blockchain ecosystem to enhance decentralized finance (DeFi).

blockchainreporter.net