Skip to content

Diva: Institutional Report

3 min readResearch

Diva: Institutional Report

Diva: Abbreviated Introduction

Staking pools are operated in a highly centralized way, with single actors owning the validator keys, which means that they have full control over transaction censorship, block production, and maximal extractable value choices. Additionally, it can be cost-prohibitive and technically complex for someone to operate their own validator, as it requires 32 ETH and technical skills.

The team behind Diva, which stands for “Distributed Validation,” believes that the most viable alternative to the 32 ETH requirement is to create a distributed peer-to-peer network of nodes that collaboratively run validators.

Users of Diva Protocol receive divETH upon depositing ETH as stake on Ethereum. divETH is a Liquid Staking Derivative (LSD) that reflects the staking rewards generated by the ETH deposited via Diva. Diva also offers the option to ‘Wrap’ divETH to create wdivETH.

The project is based in Zug, Switzerland, which is viewed as the most advanced blockchain hub in Europe. The project has the backing of many investors, and the executive team is highly experienced.

The project is in the Testnet phase, open to all participants, to finalize the design decisions. Diva will be rolled out in two phases once it is ready for Mainnet, which is expected to be launched in the following months.

To purchase Diva in-depth report and to see our full ratings and assessment please contact us at [email protected]

Disclaimer

This Report is for informational purposes only and/or all or any of its content thereof, should not, may not, and will not be taken to constitute, either as a whole or in part, any investment advice or recommendation or similar, regulated, or authorized advice, and D-Core by producing, disseminating, giving away, or making available this Report does not, should not, may not and will not be taken to advise on investments, or carry out any similar activity, or any regulated activity or any other authorized activity. D-Core is not authorized by the Financial Conduct Authority or by any other competent EU or elsewhere or otherwise competent authority to carry out any regulated activities and/or any activities within the scope of these authorities’ competence.

D-Core excludes and disclaims all liability and/or responsibility whatsoever and/or howsoever caused, arising out of any actions, or omissions taken, or made by any authorized and/or other recipient of this Report in reliance on, or arising out of, or in connection with any or all content of this Report. Any authorized and/or other recipient of this Report acknowledges, accepts and agrees that they carry out their own independent research and act in their own sole risk in reading or using any or all information contained in this Report. In any event, recipients of this Report are urged to seek professional advice before making any potential investment decision in relation to the project described herein. Any authorized and/or other recipient of this Report accepts this Disclaimer in full. For the avoidance of doubt, this Disclaimer is binding against any recipient of this Report whatsoever.

NEWSLETTER

Subscribe to our newsletter now and get your blockchain guide for free!