The SSV coin issued by Danish company StakeWise GmbH is used to govern and reward validators of the SSV decentralized staking network. The network stakes Ethereum through a distributed private key system and is designed to enhance the security of the Ethereum network.
Country Attribution of SSV Coin
The SSV Coin is issued by the Danish company StakeWise GmbH.
About StakeWise GmbH
StakeWise GmbH is a decentralized staking service provider founded in 2021. The company is headquartered in Copenhagen with offices in Zug, Switzerland.
SSV Coin
SSV Coin is a governance token issued by StakeWise. Token holders can participate in protocol governance and vote to determine the future development direction of the protocol. Additionally, SSV coins are used to reward validators who run SSV nodes.
SSV Network
SSV Network is a decentralized staking network designed to improve the security of the Ethereum network. The network allows validators to stake their Ethereum using a distributed private key system. This helps prevent a single entity from taking control of the network.
Conclusion
The SSV coin is issued by the Danish company StakeWise GmbH and is used to govern and reward validators of the SSV network.
SSV Network (SSV) is having a great day on the digital currency market with its price being $29.05 as of 12:00 on July 5, 2024. The 24-hour trading volume reached $43.56 million, showing the market’s activity.
SSV is down a massive 21.35% in the last 24 hours, possibly due to market volatility or potential selling pressure. While the total supply of 10 million SSVs is sufficient, its current circulation is unknown.
SSV’s market capitalization is currently around $290 million, indicating that it has a significant presence in the digital currency ecosystem. As the native token of the decentralized validator network, SSV provides users with an opportunity to participate in Ethereum network verification and receive rewards, attracting the attention of investors interested in the ecosystem.
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