Say hello to our biggest economic upgrade yet! 📢 Introducing SSV Staking We are transforming Ethereum’s validator economy into an ETH infra reward layer designed for the community. For the first time, SSV users get a direct claim on validator activity. Find out how! 🧵

1/ The core shift All protocol fees flip to ETH-denominated. Clusters pay fees in ETH based on their validator balances, which are tracked onchain by a decentralized oracle committee.

This upgrade: 🔹 Switches validator network fees from SSV to ETH 🔹 Introduces a staking contract for SSV tokens 🔹 Routes ETH fees to staked SSV 🔹 Staked SSV is represented by a liquid token composable in DeFi

2/ Introducing cSSV cSSV stands for Composable SSV. It is the liquid, composable wrapper around staked SSV, backed by: 🔹 ETH paid by the network’s validators 🔹 ETH rewards routed through SSV’s decentralized operator set 🔹 ETH strategies in DeFi

To put it simply: 🔹 Stake SSV → Earn ETH rewards 🔹 Mint cSSV → Take ETH rewards everywhere

3/ Enhancing value for SSV holders For every time SSV holders may have asked, “But how does the token capture value?” we are answering this with SSV staking. The more the protocol grows, so does the ETH fees, and therein grow the ETH rewards per staked SSV.

4/ How it works 🔹 Stake SSV 🔹 Receive cSSV (1:1 ERC-20, representing your staked position) 🔹 Hold cSSV and ETH rewards accrue daily 🔹 Claim rewards without unstaking

5/ The key shift is alignment Validator economics are measured in ETH Operators are paid in ETH SSV stakers earn in ETH Fees, rewards and accounting now share the same unit.

6/ It's not just staking. With cSSV, you don’t just stake. You plug into Ethereum’s validator economy. SSV staking ensures you get rewarded for caring about the security and resilience of Ethereum. However, it's more than just a reward opportunity.