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ETH Stake Together

ETH Stake Together is a DApp that makes possible to collectively stake ETH in pools to validate nodes with operators, in a trustless and decentralized way, with low risk and without worrying about slashes.

ETH Stake Together

Created At

ETHBogotá

Winner of

🥉 ssv.network — Best Use

Project Description

a trustless and decentralized way, with low risk and without worrying about slashes.

You don’t have to solo stake 32 ETH anymore. With our DApp, you can greatly reduce your risk by creating or joining a ETH Stake Pool with your friends and/or your community.

Benefits:

  • Accessibility & Inclusion: lower entrance barrier, as you can stake any amount of ETH in the pool
  • Community: Get together with your community and stake ETH!
  • Risk dilution, efficiency and security with ssv.network: you don’t need to worry about any off-line operators, ssv.network guarantees at least one will be always available, so you don’t need to worry about slashes
  • Trustless: We operate with smart contracts, with funds deposited to a contract, which trustlessly manages and tracks your stake
  • 0 knowledge: more security

Future steps

  • Lens protocols to improve social interaction and useful info
  • DAOs to make pool governances and management
  • Possibility to claim rewards from the pool in a easy way

How it's Made

1st step: Enter the application and create a pool to accumulate ETH 2nd step: Add ETH in the pool (can be done by you, other users or your community) 3rd step: Add SSV token in the pool to pay the operators and the network fee 4th step: Launch the pool (in the backend, we create a validator key using ETH Validator CLI -> we crude the data with the operators (machines) of ssv.network -> encrypt it using DVT technology from ssv.network -> register the security share validator on ssv.network -> crude data from the pool -> gather ETH -> recharge SSV -> SSV runs on Beacon Chain, receiving rewards by staking ETH.

Technologies we used:

  • Staking ETH Smart Contract + SSV Smart Contract
  • Subgraph (to map the contract’s content)
  • WalletConnect (as a wallet provider)

Our repositories:

  • Smart contract: https://github.com/fabriciomirandabr/eth-stake-together-sc
  • Front-end: https://github.com/fabriciomirandabr/eth-stake-together-frontend
  • Back-end: https://github.com/fabriciomirandabr/eth-stake-together-backend
  • Subgraph: https://github.com/fabriciomirandabr/eth-stake-together-subgraph
  • Link contrato c/ operação de sucesso: https://goerli.etherscan.io/address/0xBA838aA794bA03AD48CCA02717519696ee259e76
  • Link do operador na SSV network: https://explorer.ssv.network/validators/8eb3a494ef33be41ed6c1b679711193f4d7704648ae93fc7e2518a5043eca4238e47305dd778d0de86e6a6e34ae2a132
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