What is SSV coin? What can SSV coins do? How to store SSV coins?

The SSV Network combines distributed validator technology (DVT) with decentralized finance (DeFi) to enhance blockchain security and decentralization.

Sep 30, 2024 at 02:42 pm

What is an SSV Coin?

1. Definition:
   SSV (Sharding Staking Validator) coin, also known as SSV.network token, is a decentralized finance (DeFi) project that leverages distributed validator technology (DVT) to foster security and decentralization of blockchains and decentralized networks.

What Can SSV Coins Do?

2. Validator Pools:

   • SSV empowers individuals to set up validator pools by leveraging DVT.
   • These pools can participate in securing blockchains and earn rewards.

3. Delegation:

   • SSV allows network participants to delegate their assets to validators without sacrificing control over their funds.
   • Delegators can earn rewards commensurate with their stake size.

4. DVT Infrastructure:

   • The SSV Network provides shared decentralized infrastructure, known as Distributed Validator Technology (DVT), to run validator nodes securely and efficiently.
   • DVT pools resources from multiple validators while maintaining data privacy and key security.

How to Store SSV Coins

5. Supported Wallets:

   • SSV coins can be stored in several reputable wallets, including:

     • Coinbase Wallet
     • MetaMask
     • Ledger Nano X
     • Trezor Model T
     • Exodus

6. Exchanges:

   • SSV coins are traded on various cryptocurrency exchanges, such as:

     • Binance
     • Uniswap
     • Kraken
     • Gemini
     • FTX