P2P.org’s New Restaking Product Leverages SSV.Network and EigenLayer Tech

Non-custodial staking service P2P.org has announced the launch of a new restaking product that utilizes SSV Network and EigenLayer technology. 

In a press release shared with Cryptowisser, P2P.org said the new restaking solution enables institutional clients to access an attractive restaking APY within a secure and highly decentralized framework.

The staking product combines SSV’s implementation of DVT (Distributed Validator Technology) with EigenLayer’s restaking technology, making it ideal for institutional clients. 

Staking clients can enjoy an APR of over 5.6% by leveraging rewards that are available for helping to secure Ethereum and layer2 chains through restaking.

P2P.org revealed that the first major client of its DVT-powered restaking product is Matrixport. Matrixport has rolled out a restaking solution that allows institutional clients to access restaking within a simple and user-friendly interface. 

While commenting on this latest development, Jonathan Tse Head of Treasury at MatrixPort, said,

“It's intriguing to observe Ethereum's shift towards a more collaborative model for node operators, aiming for equal rewards for all stakers. However, the rapid evolution of technology continually introduces new solutions to address emerging challenges and I appreciate how P2P.org offers a swift and comprehensive solution that incorporates MEV delay, SSV and restaking all within a unified platform.” 

Matrixport is a Hong Kong-based company that offers crypto financial products with best-in-class security and customer support. 

SSV.Network creates easy-to-use and scalable infrastructure for developers. SSV is powered by DVT technology, a pioneering architectural framework designed specifically for Ethereum staking. Thanks to its permissionless design, SSV empowers staking operators and validators to join the network and participate in Ethereum staking.

Meanwhile, P2P provides secure non-custodial staking services for professional investors, allowing token holders to participate in staking without the heavy lifting of running a node.