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P2P.org Launches DVT-Powered Restaking with SSV Network

Non-custodial staking service P2P.org has launched a new restaking product that utilizes SSV Network and EigenLayer technology. The restaking solution enables institutional clients to access an attractive restaking APY within a secure and highly decentralized framework.

By combining SSV’s implementation of DVT (Distributed Validator Technology) with EigenLayer’s restaking technology, P2P.org has created a robust restaking product. It allows staking clients to enjoy an APR of over 5.6% by taking advantage of the rewards that are available for helping to secure Ethereum and layer2 chains through restaking.

DVT and restaking have been dominant themes driving the multi-billion dollar Ethereum staking industry. In combining these technologies, P2P.org has created an institutional staking product that can capture the full upside presented by the confluence of these trends. As a result, institutions can participate in restaking without adding complexity or increasing risk.

The first major client of P2P.org’s DVT-powered restaking product is Matrixport. Its restaking solution allows institutional clients to access restaking within a simple and user-friendly interface. This service will drive the adoption of restaking while showcasing the value of DVT in powering secure, decentralized, non-custodial staking.

“It’s intriguing to observe Ethereum’s shift towards a more collaborative model for node operators, aiming for equal rewards for all stakers. However, the rapid evolution of technology continually introduces new solutions to address emerging challenges and I appreciate how P2P.org offers a swift and comprehensive solution that incorporates MEV delay, SSV and restaking all within a unified platform.” Said Jonathan Tse Head of Treasury at MatrixPort 

Based in Hong Kong, Matrixport offers crypto financial products with best-in-class security and customer support. Its introduction of P2P.org restaking will allow institutional clients to generate sustainable yield while operating within a secure and compliant framework.

The release of P2P.org’s restaking solution forms one of the first institutional use cases that makes use of DVT. The technology plays a vital role in strengthening ETH staking and making the entire EVM ecosystem less susceptible to attacks. As an open-source protocol, SSV.Network enables any entity to use the network’s staking technology to create DVT-powered staking applications and services. 

About SSV.Network

SSV.Network creates easy-to-use and scalable infrastructure for developers. SSV is powered by DVT technology, a pioneering architectural framework designed specifically for Ethereum staking. Thanks to its permissionless design, SSV empowers staking operators and validators to join the network and participate in Ethereum staking.
About P2P.org
Starting in 2018, P2P provides secure non-custodial staking services for professional investors, allowing token holders to participate in staking without the heavy lifting of running a node.