Author: @0xMavWisdom SSV.Network DAO recently launched a $50 million ecosystem fund to support the development of applications based on Distributed Validator Technology(DVT). The technology is a key component of Ethereum co-founder Vitalik Buterin’s roadmap for decentralising Ethereum, and SSV.Network hopes to use the funding to further consolidate the DVT as the key Ethereum infrastructure.
PowerPool will eventually deploy diversified LSD baskets on all these EVM POS chains, supported by PowerAgent automated rebalancing and harvesting of extrinsic yield on each chain. Also 'blended' pool-of-pool baskets for TradFI institutions.
Soon: $LSDETH diversified LSD 'basket' token w/automated harvesting of intrinsic/extrinsic yield. Insured against slashing. Dominant LSD (Lido) capped, rebalance algos skewed -> smaller DVT networks (promoting decentralisation). Pledge/hedge-able -> for DAOs/retail/Tradfi. WDYT?
PowerPool will eventually deploy diversified LSD baskets on all these EVM POS chains, supported by PowerAgent automated rebalancing and harvesting of extrinsic yield on each chain. Also 'blended' pool-of-pool baskets for TradFI institutions.
#powerpool #poweragent