Diva Staking

@stakediva

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9/ For more details, check our medium post: https://medium.com/@stakediva/diva-staking-participating-entities-02d66f1340a5

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8/ DVT NODES ▶ SIGNER - Holds a fragment of a BLS key, validates duties when proposed by an Aggregator, ensuring collective action within a validator pool. ▶ AGGREGATOR - A specialized Signer that proposes and aggregates signatures for validator duties, elected through a consensus protocol for each pool.

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7/ DKG NODES ▶ PARTICIPANT - Nodes that aim to join new validators by contributing to Distributed Key Generation (DKG) processes, using lottery tickets based on their collateral. ▶ COORDINATTOR - Manages the DKG process by selecting participants, processing requests, and ensuring the final key generation result is communicated for validator registration.

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6/ Low-Level Entities ▶ PROVER - Verifies events on the Beacon Chain like DKG registration, validator exits, and block proposals, ensuring correct processing and integrity. ▶ ORACLE - Provides critical data to the smart contract, such as total balance of Diva validators and operator rewards based on performance metrics. ▶ SUBMITTER - Sends transactions to the smart contract based on P2P Pub/Sub channel data, including DKG proposals, registrations, and activations.

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5/ DIVA SMART CONTRACTS They manage the protocol's operations on Ethereum, overseeing the flow of ETH, tracking validator performance, and issuing divETH. Key components include: ▶ Accounting: Manages balances and validator lifecycle. ▶ Performance: Tracks validator efficiency for rewards distribution. ▶ divETH: Represents staked ETH in a liquid form. ▶ MEV Support: Integrates MEV-Boost for additional rewards distribution. ▶ Validator Management: Handles validator status and lifecycle.

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4/ VALIDATOR POOLS A pool is a distributed validator managed by multiple nodes, enhancing security and fault tolerance. This setup ensures that the operation of a validator isn't dependent on a single node or operator.

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3/ NODES Diva Nodes are run by Operators on their hardware to participate in Ethereum staking. These nodes coordinate validation tasks in a decentralized fashion, with roles detailed in the low-level entities section. Operators can run multiple nodes under one identity to manage workload distribution.

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1/ High-level entities: STAKERS Liquid Stakers can deposit ETH to receive divETH, a token that automatically accrues staking rewards. No minimum ETH needed, making staking accessible. divETH is instantly transferable and tradable. Rewards or penalties adjust daily through a rebasing mechanism. divETH can be wrapped into wdivETH for broader DeFi use cases.

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2/ OPERATORS Non-custodial Operators lock ETH as collateral and run at least one Node. They earn rewards for correct validation duties. Operators manage Key Shares, requiring at least 3 out of 5 shares to agree for consensus.

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Here's everything you need to know about the Participating Entities in Diva Staking. They're split into two major categories: ▶ High-level entities:** Stakers, Operators, Nodes, Validator pools, Diva Smart Contracts ▶ Low-level entities:** Protocol support roles (Prover, Oracle, Submitter), DKG nodes (Participant, Coordinator) and DVT nodes (Signer, Aggregator). Thread incoming 🧵👇

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You might have to LP it to believe it... 😱 RTokens on /base: 🔵 High Yield USD: ↑40% TVL + ~90% APY on @aerodrome 🔵 @stakediva Based ETH: ↑46% TVL + ~40% APY Mainnet: ⚪ High Yield USD: 110% APY on StakeDAO ⚪ ETH+: 55% APY on @curve w/@redacted-’s pxETH More ⤵️

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🦾 Flex your Diva knowledge! Ace our newest quiz, and level up with DEGEN rewards! Don't sleep on opportunity to earn while you learn💥🟣 https://frame.earncaster.com/id/431

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Use this frame 👇 to mint bsdETH easily and start earning Diva Staking rewards! And @peeplelive.eth points? 🤫 Shoutout to @youtpout for this frame! 🔥 https://onthis-psi.vercel.app/?description=Swap%20ETH%20into%20Based%20ETH%20on%20base&address=0x4b689B6fFB541545eA8659f7e34dAD5F723bAf0D&chain=Base

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Use this frame 👇 to mint bsdETH easily and start earning Diva Staking rewards! And @peeplelive.eth points? 🤫 Shoutout to @youtpout for this frame! 🔥 https://onthis-psi.vercel.app/?description=Swap%20ETH%20into%20Based%20ETH%20on%20base&address=0x4b689B6fFB541545eA8659f7e34dAD5F723bAf0D&chain=Base

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Diva Staking pfp

Use this frame 👇 to mint bsdETH easily and start earning Diva Staking rewards! And @peeplelive.eth points? 🤫 Shoutout to @youtpout for this frame! 🔥 https://onthis-psi.vercel.app/?description=Swap%20ETH%20into%20Based%20ETH%20on%20base&address=0x4b689B6fFB541545eA8659f7e34dAD5F723bAf0D&chain=Base

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Diva Staking pfp

🦾 Flex your Diva knowledge! Ace our newest quiz, and level up with DEGEN rewards! Don't sleep on opportunity to earn while you learn💥🟣 https://frame.earncaster.com/id/431

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🦏 Rhino Review - Ethereum Staking Journal #24 is out! Updates from @ethstaker @stakediva @barnabe @kiwi @lidofinance @obol @nethermind and more! Subscribe here 👇 🔗 https://rhinoreview.substack.com/p/rhino-review-ethereum-staking-journal-93b

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5/ We're confident that Thesis Defense's expertise will further bolster the security and reliability of our code. Stay tuned for more updates as we continue to prioritize transparency and security at Diva Staking.

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4/ They have conducted security audits across multiple ecosystems, including Ethereum, Zcash, Stacks, Mina, Polygon, Filecoin, and Bitcoin.

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3/ Thesis Defense has a demonstrated track record in various languages and technologies, including smart contracts, cryptographic protocols like zk-cryptography, dApps, and bridges.

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