We are thrilled to announce that Dexponent has received a grant from the SSV Network’s Grants Committee (DAO) to integrate SSV’s Distributed Validator Technology (DVT) for our institutional clients allowing for completely non-custodial, distributed risk, and slashing risk-free staking operations. This step validates and aligns with Dexponent’s bigger mission to bridge the gaps between traditional finance and DeFi by working with core ecosystem protocols like SSV Networks.
About Dexponent :
Dexponent is an institutional trading and liquid staking protocol that helps institutions unlock their BTC and ETH liquidity and redeploy it into RWAs, T BILLS, DePINs, AI Networks, and Tokenized funds using its innovative and compliant liquid staking mechanism with inbuilt yield earning from staking. They have been gaining steady traction across Asia and MENA and are being used by Staking service providers, Custodians, Asset Managers and Digital Asset Service Providers to enhance their institutional offerings and bring more institutional liquidity on chain into several ecosystems such as Ethereum, Chainlink, Arbitrum and Polygon.
With the innovative and compliant liquid staking token clETH, institutions can trade, borrow, and restake across the web3 ecosystem while their staked ETH earns rewards on the ETH ecosystem. Dexponent takes away compliance risk, governance risk and to some extent the centralisation risk that protocols like LIDO have recently shown.
Learn more about Dexponent by visiting,
Website: Dexponent.com
Twitter: @Dexponentx
LinkedIn: Dexponent
Product Overview:
Dexponent offers institutional trading and staking services designed to provide institutions with the necessary tools, knowledge, and support for navigating the digital asset space effectively. The Dexponent platform ensures clean staking practices, employs a non-custodial approach, separates funds, and introduces clETH, enabling instant liquidity for staked ETH. Dexponent also implements Account Abstraction for enhanced security and offers diverse utilities through clETH, providing a comprehensive solution for institutions entering the liquid staking space.
A user onboarding to Dexponent platform :
1. Easy KYC and Onboarding
2. Connect Wallet or Custodian
3. Stake Eth with Your Chosen Operator
4. Get clEth Tokens in Your Wallet
5. Trade, Borrow, Lend or Restake Eth
6. Earn Staking Rewards
Benefits:
Operating as a non-custodial platform with Distributed Validator Technology (DVT), Dexponent divides and distributes private keys across multiple machines, minimizing the risk of a singular point of failure and developing network integrity. Further setting itself apart, Dexponent avoids fund pooling, ensuring fund segregation across smart contracts, thereby enhancing transparency, minimizing risks associated with intermingled funds, and maintaining the security of assets. These features make Dexponent a top choice for institutions in the liquid staking space, offering unparalleled security, compliance, and user-centric solutions.
What is SSV’s role in terms of security?
The integration of SSV’s Distributed Validator Technology(DVT) helps our institutional clients with complete non-custodial and slashing risk-free staking operations. SSV helps Dexponent create keyshares for validator keys and distribute them among multiple operators on a cluster to distribute custody of private keys or decentralize them. By requiring a majority of operators to sign transactions, it ensures a high availability of validators for attestation and distributes responsibility. Additionally, the operators maintain the availability of the nodes.
About SSV networks:
SSV is a decentralized staking infrastructure designed to power the future of distributed staking applications. It operates on the principles of secure gossip protocols, where users share encrypted messages directly with their trusted connections, creating a secure and private communication channel. SSV networks are designed to resist censorship and surveillance, making them ideal for individuals and communities seeking secure communication in a decentralized environment.
Learn more about SSV Network by visiting,
Website: ssv.network
Twitter: @ssv_network
LinkedIn: ssv.network
