Lido Finance

Core Function: Lido is a liquid staking protocol primarily serving Ethereum (and other PoS networks). Users stake ETH and receive stETH (1:1 pegged to ETH), which can be used in DeFi (such as lending and providing liquidity), solving the liquidity issues of traditional staking.

Technical Features:

Non-custodial: User assets are deposited into smart contracts, and Lido allocates the assets to node operators (selected by Lido DAO). Users maintain indirect control through stETH, and node operators cannot directly access the funds.

DVT Integration: Lido integrates distributed validator technology (DVT) from SSV.Network and Obol through the Simple DVT Module, distributing validation tasks among multiple nodes to reduce centralization risk.

Fees: Lido charges a 10% staking reward fee (5% to node operators and 5% to the Lido DAO treasury).

Governance: Managed by Lido DAO, with LDO token holders participating in decision-making.

Market Positioning: Lido targets regular users, providing a simple and liquid staking experience, suitable for those seeking convenience and DeFi yields.

SSV.Network

Core Function: SSV is a decentralized validation infrastructure focused on distributed validator technology (DVT), providing secure and decentralized solutions for Ethereum staking.

Technical Features:

Non-custodial: Users retain control of keys and assets, only delegating validation rights. Validator keys are sharded into KeyShares, distributed to multiple non-trusted nodes (operators) to ensure decentralization.

Fault Tolerance: Validators can still operate even if some nodes go offline, reducing the risk of slashing.

Fees: Users pay SSV tokens as network and operator fees.

Governance: Managed by SSV DAO, with SSV token holders participating in decision-making.

Market Positioning: SSV focuses more on decentralized infrastructure, suitable for users (such as institutions and professional stakers) who prioritize security and decentralization, also providing DVT technology support for other protocols (like Lido). $ldo $ssv #合规质押