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Highlights from SSV Foundation AMA: Key Insights and Community Engagement

Felix Pinkston   Jun 04, 2024 09:52 2 Min Read


Key Insights from the AMA

The SSV Labs team recently hosted an insightful AMA with participants from the ssv.network DAO, SSV Foundation, and SSV Labs. According to ssv.network, the session aimed to provide key insights into the SSV Foundation’s role and objectives, focusing on its collaboration with the SSV DAO to bridge decentralized decision-making with real-world execution.

The AMA shed light on the foundation’s initiatives, operational changes, and its impact on the community, addressing common questions about the Foundation and its interplay with the other constituents of ssv.network.

SSV Foundation Q&A Highlights

During the Q&A session, various topics were covered, ranging from the background of key foundation members to operational changes and future strategies. Here are some of the highlights:

  • Elad Gafni's Background: Elad Gafni, who leads the SSV Foundation, shared his journey from law to finance, and eventually into the crypto world, establishing a hedge fund called YRD Capital before joining the foundation.
  • Foundation Updates: The establishment of the foundation is crucial for entering real-world agreements and ensuring regulatory compliance while maintaining the DAO’s decentralized ethos.
  • DAO and Foundation Dynamics: The DAO operates with community voting and decentralized decision-making, whereas the Foundation executes these decisions in the real world, making processes faster and more efficient.
  • Enhancing Community-Driven Decisions: The Foundation promotes education, transparency, and community engagement, ensuring that the DAO’s decisions are realized effectively.
  • Operational Changes: The Foundation will handle long-term agreements and partnerships, ensuring stability and fostering growth through legal and regulatory compliance.
  • Impact on Mainnet Stakers: There will be no disruption for mainnet stakers. The Foundation aims to build, grow, and support the ecosystem with regulatory measures.
  • Public Good Contribution: The Foundation ensures open access to the network, transparency, and support for community initiatives, promoting inclusivity and barrier-free participation in governance.
  • SSV Labs Contributions: SSV Labs contributes to the code of the ssv.network protocol and provides services for the DAO’s marketing efforts.
  • Inclusivity and Participation: The Foundation and DAO are open to active participation from community members, with opportunities to become ambassadors or committee members.
  • Personal Highlights: Elad Gafni shared his favorite moment since joining the DAO, highlighting a meetup in Lisbon that showcased the community’s enthusiasm and dedication.
  • Grant Changes: The new strategy focuses on strategic partnerships rather than broad grants, targeting critical ecosystem components to ensure dedicated development and ownership.

Transparency and Community Engagement

Community AMAs like this one highlight the significant impact of open dialogues within the SSV community. These sessions are crucial for fostering transparency, engagement, and collective understanding. By directly addressing community questions and sharing strategic insights, these AMAs strengthen the bond between SSV’s various stakeholders, ensuring everyone remains informed and involved.

SSV Labs encourages everyone to listen to the full recording to truly capture the spirit and energy of the SSV community. Engaging in these sessions can provide a deeper understanding of the initiatives and future directions of the SSV Foundation and DAO.


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