Blockdaemon Joins Liquid Collective As A Node Operator

Blockdaemon officially joined the Liquid Collective's active set as a Node Operator, becoming the first to join the active set since mainnet launch. This aligns with Blockdaemon's announced plan to join the active set as a Node Operator in May, 2024.

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By joining, Blockdaemon deepens its collaboration with Liquid Collective, contributing industry-leading blockchain infrastructure to support a more resilient, diverse liquid staking network. As an institutional-grade Node Operator, Blockdaemon will receive a portion of the Protocol Service Fee. This fee is automatically deducted from ETH network rewards at protocol level and is distributed in LsETH.

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Additionally, Blockdaemon will also become a member of Liquid Collective's Node Operator Working Group, collaborating to define standards, benchmarks, and SLAs with industry experts.

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How Blockdaemon Supports Liquid Collective As A Node Operator

As of June 2024, Liquid Collective's Total Value Locked (TVL) is over $296M, with over 2.7k active validators, and an underlying supply of over 87k ETH.

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As a Node Operator, Blockdaemon is committed to maintaining the high standards set by Liquid Collective. These standards are met by Blockdaemon's proven performance, and advanced security measures.

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"Our addition to the Liquid Collective active set of Node Operators highlights Blockdaemon's commitment to supporting a decentralized and resilient liquid staking network, maintaining the high Node Operator standards within the Liquid Collective ecosystem with industry-leading infrastructure. We're excited about our key role as a Node Operator, and becoming a member of Liquid Collective's Node Operator Working Group, underscoring our enthusiasm and long term commitment for joining Liquid Collective." - Konstantin Richter, Founder and CEO of Blockdaemon.

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The addition of Blockdaemon's infrastructure further diversifies Liquid Collective's active set of Node Operators, contributing to a more decentralized and resilient liquid staking network. This reduces dependency on a single entity and enhances the protocol's resilience against potential disruptions.

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To participate in Blockdaemon's institutional liquid staking program, book a call with the team today.

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