SSV Network extends its Incentivized Mainnet Program to December 2024, increasing total duration to 15 months.
New tiered APR rewards system implemented, offering up to 30% APR boost for the first 30,000 validators.
On June 26th, SSV Network, a prominent provider of blockchain infrastructure, announced revisions to its incentivized mainnet program (IMP) in Tel Aviv. These changes, approved through a decentralized governance vote, include an extension of the program’s duration, an update to reward tiers, increased APR (Annual Percentage Rate) rewards, and refined eligibility criteria that now include SAFE multisig wallets.
The update, known as DIP 18, was initiated by a proposal from a user named ‘BenAffleck.’ It garnered substantial support within the community, with over 99% of participants voting in favor. The changes aim to enhance participation and reward validators more effectively within the network.
Program Enhancements for Extended Rewards
SSV Network’s IMP, managed by

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