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The SSV Network community voted to pass two proposals: "Mainnet Incentive Plan" and "Establishing SSV Foundation for DAO"

The SSV Network community voted to pass two proposals: "Mainnet Incentive Plan" and "Establishing SSV Foundation for DAO"

CointimeCointime2023/11/07 05:42
By:Cointime

Ethereum staking infrastructure SSV Network has announced that two key proposals have been approved by snapshot voting. The main network incentive plan will reward DVT to promote wider adoption, while Foundation Incorporation will help simplify offline and online operations. The first proposal proposes to create an incentive layer for the running SSV main network, which rewards participants running on the SSV network in the coming year to promote the adoption of DVT and the growth of the SSV Network. If approved, the DAO multisig committee will initially mint 200,000 SSV into a new multisig wallet; the SSV minted during the incentive main network program will not exceed 1 million. The other proposal, "ssv.network DAO Foundation Merger," outlines the steps and motivations for establishing a Cayman Foundation (SSV Foundation) for the ssv.network DAO, including foundation documents, personnel, and establishment schedules. Within three months of the passage of this proposal, the Foundation Working Group (FWG) will be authorized to instruct the SSV Foundation to take necessary steps to complete the registration process and begin operations.

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