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SSV DAO to Distribute $10M in Grants for Staking Projects Ahead of Ethereum Merge

The SSV (Secret Shared Validator) DAO accrued $10 million in assets through strategic partnerships with Coinbase, DCG (Digital Currency Group is the parent company of CoinDesk), and OKEx. SSV DAO will funnel more than $3 million into open and pre-defined grants for developers building applications, staking pools and other tools needed by the network. In addition, the organization has earmarked $3 million for bug bounties and four million dollars for incentivized programs for early adopters and testers. The grants will be distributed in USDC, ETH and SSV tokens.