‘Primus’ Incentivized Testnet is Live!

It’s Finally Here!

ssv.network ‘Primus’ Incentivized Testnet is Live!

What is SSV?

ssv.network is the first public implementation of SSV (Secret-Shared-Validators) technology. What started as a research paper conceptualized in collaboration with members of the Ethereum Foundation, later labeled DVT (Distributed Validator Technology) is now a fully functional open source decentralized ETH staking incentivized testnet.

How does the Program work?

The SSV community voted YES to reward Operators and Validators for testing the tech. Over the course of the next 2.5 months, the DAO will allocate 64K SSV tokens towards early testers, and newcomers alike.

Duration and Reward Distribution

The incentivized testnet officially launches on the 24th of January 2022

Testnet reward announcement schedule

SSV Allocation to Participants

Rewards will be allocated to Operators and Validators.

SSV Allocation to Participants

Eligibility and Participation

In order to focus on the testnet and the underlying technology and avoid having to deal with abuse and fraud, there is a strict set of rules put in place.

Operators

  • Anyone can register as an operator
  • Operators are rewarded according to the number of eligible validators they run.
  • Rewards are calculated only for eligible validators as described above.
  • Operator score calculation method
  • To become a verified operator please refer to this
  • Were given a ‘verified operator’ status
  • Existing operators with the verified/ DAppNodes tag in the testnet explorer

Validator

  • Anyone can register as a validator
  • Validators are rewarded according to the number of eligible validators they run.
  • Rewards are calculated only for eligible validators as described above.
  • Operator score is calculated according to scoring
  • To become a verified operator please refer to this
  • The address from which the goETH deposit is made should hold SSV tokens for an entire round or longer
  • A random snapshot to determine your SSV balance is used to discourage manipulation.

Abuse & Exclusion

  • ➯Bloxstaking will be excluded from any participation and reward distribution
  • Users claiming big amounts of goerli to register hundreds of validators from recurring addresses might be excluded from receiving rewards
  • Whales, attempting to ‘abuse’ the reward pool will be at risk of exclusion
  • The community’s ambassadors and DAO can decide to withhold or cancel distributions on a case by case basis
  • For newcomers joining, only goETH deposits made through the ssv.network Discord bot will be eligible to receive rewards.

What’s next?

There is still a lot to be tested, this is just the tip of the iceberg.

ssv.network

Decentralized POS Blockchain Infrastructure