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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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SSV Network launches SSV 2.0 and will introduce SSV Chain and implement new Tokenomics
BlockBeats News, on January 28th, according to official sources, SSV Network announced the launch of SSV 2.0. SSV 2.0 opens up new opportunities for validators by leveraging off-chain services called 'Based Applications' (bApps). In addition, Based Applications will also be launched. The bApps chain is an 'AppChain' that will cover existing DVT contracts and operations on the SSV network, as well as new bApp operations and features. To ensure the integrity of the bApps chain, SSV Tokens will be specifically staked by validators as a reducible commitment. Users can stake any amount of SSV Tokens as a reducible commitment to validators. Misconduct will result in penalties for SSV.