Press release
SSV Staking Launches, Connecting SSV Holders to Ethereum's Largest Distributed Validator Network
SSV holders can now stake SSV, receive cSSV, and participate in supporting Effective Balance Oracles and accounting and ETH-denominated protocol fee flow generated by the largest distributed validator network on Ethereum securing 7.4Mn+ ETH staked.[Tel Aviv, Israel], [29 April, 2026] - SSV Network DAO announced today the launch of the cSSV Genesis Boost, marking the next era of SSV Staking on mainnet. SSV holders can stake the network's native token SSV through the official staking interface, receive cSSV, and earn ETH-denominated rewards generated by supporting Effective Balance Oracles and accounting and real validator activity, with boosted rewards available for participants entering during the 30-day Genesis Boost window starting today.
SSV Network secures 7.4Mn+ ETH through approximately 118K+ validators operated by around 1,900 globally distributed node operators, making it the largest Distributed Validator Technology (DVT) provider on Ethereum.
"SSV Network has spent years operating real distributed validator infrastructure for Ethereum at scale. This is the moment that infrastructure starts paying back to the people who govern it," said Elad Gafni, SSV Network DAO. "This is not a new yield product. It is a way for the SSV community to directly benefit from the network that secures almost one-fifth of the staked Ethereum."
A Measured Rollout Backed by Protocol-Level Upgrades
Today's launch follows a public testnet phase, structured community feedback, and a series of protocol upgrades designed to align SSV Network's economics with Ethereum's validator economy. A new Effective Balance Oracle layer, in its initial phase elected by the DAO and operated by Kraken, InfStones, Ethernodes, and SSV Labs, brings consensus-layer balance data on-chain, with permissionless stake-weighted oracle selection planned as the system matures. Cluster accounting has been upgraded to track each validator's actual effective balance, accommodating Ethereum's post-Pectra validator model, in which a single validator can represent up to 2,048 ETH. Network and operator fees have moved from SSV-denominated to ETH-denominated, removing cross-asset friction for cluster owners and operators.
SSV Staking was audited by Quantstamp ahead of mainnet, and a bug bounty offering rewards of up to $250,000 for critical findings is live on Immunefi.
cSSV Genesis Boost Opens to Recognize Early Participants
The cSSV Genesis Boost is a 30-day campaign designed to recognize early SSV holders and welcome new participants. Wallets that held SSV at the April 22, 2026 snapshot are recognized as OG holders and qualify for a boosted reward rate of up to 50%. New holders entering during the Boost Period qualify for up to 25%. The Boost Period runs through May 29, 2026 or until the $75,000 SSV reward pool is exhausted, whichever comes first. Eligibility requires a minimum stake of 50 SSV and a 90-day post-Boost lock.
"Genesis Boost is the entry point. The position underneath it: participation in the infrastructure that helps keep Ethereum decentralized, is the reason it matters," added Elad Gafni, SSV Network DAO. "SSV Staking connects the people who hold and govern SSV with the validator infrastructure already running underneath Ethereum. It is about infrastructure, security, and long-term alignment."
SSV Staking & Genesis Boost are live at https://stake.ssv.network.
Full terms are available at https://ssv.network/cssv/genesis.
Media Contact
Kanishk Abrol
kanishk@ssvlabs.io
About SSV Network
SSV Network is the largest Distributed Validator Technology (DVT) provider on Ethereum. By splitting validator keys across multiple independent operators, SSV Network reduces single points of failure and improves the resilience and decentralization of Ethereum staking infrastructure. SSV Network secures 7.4 million ETH staked across 118,000 validators and around 1,900 globally distributed node operators, and is integrated with leading staking protocols and institutional stakers.
Learn more at https://stake.ssv.network.
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