SSV Labs proposes decentralized staking module for Lido on Ethereum

Update March 4, 2:40 pm UTC): This article has been updated to include information on Clusterform’s role in filing the proposal.

Clusterform, an independent subsidiary of SSV Labs, has proposed a new permissionless staking module for Lido, aiming to expand the scope of node operators who can use the Lido protocol in a scalable and decentralized manner.

The firm proposed a permissionless staking module that leverages SSV Network’s Distributed Validator Technology (DVT) to integrate node operators (NOs) into the operator set of Lido on Ethereum.

If…