A campaign to Learn & Earn will be hosted on the Galxe platform by Ether.fi and the SSV Network DAO, as per the announcement. The initiative aims to educate the community about the importance of decentralizing Ethereum’s base layer and the potential of Distributed Validator Technology (DVT) for restaking.
Through the partnership between SSV DAO and Ether.fi, participants will have the chance to share a $50,000 ETHFI prize pool among 150 winners who will be chosen at random. As part of Ether.fi’s Season 3 campaign, all players will also get points. The campaign will encourage community involvement and inform individuals about the role DVT plays in bolstering Ether.fi’s restaking operations throughout its two-week active period.
Participants in the Learn & Earn campaign will get points for learning about SSV’s contribution to the decentralization of Ether.fi’s non-custodial protocol. Ether.fi is one of the leading adopters of SSV Network’s open-source staking infrastructure, with over 6,500 validators operating on it as of right now. With ETHFI emerging as a top DeFi token, Ether.fi now has over $4.5 billion in ETH staked in it.
Since its December mainnet debut, hundreds of projects have started using SSV Network’s technology, and the network has expanded quickly as TVL has skyrocketed. SSV is now backed by over 900 operators running over 40,000 validators and secures over 1.3 million staked Ethereum. Recently, SSV surpassed Kraken to take the fifth-largest spot among Ethereum’s staking providers.
Now a mainstay of the multibillion dollar staking market, DVT is essential to maintaining the security of Ethereum’s validator layer. In partnership with SSV and Ether.fi, the Learn & Earn campaign will reward users for their involvement while advancing knowledge about DVT and restaking.
