LSD + DVT + Squad Staking

So I just discovered a great way to combine LSD (Liquid Staking Derivatives), DVT (Distributed Validator Technology), and Squad Staking without using any code, so I figured I’d share it with you guys.

This technique utilizes tools provided by Stakehouse and SSV Network. Even though Stakehouse is on Mainnet now, I did this on Testnet since SSV is not on Mainnet yet. BUT as soon as it is, this process can be replicated on Mainnet.

How to do it:

Step 1: Stake a validator on Stakehouse (Only requires a 4 ETH collateral deposit). App link: https://lsd.joinstakehouse.com/

Step 2: Use SSV Network’s app to add your validator to a cluster of node operators (You will need some Testnet SSV tokens to do this). App link: https://app.ssv.network/join

Step 3: Use Stakehouse’s Fren Delegation tool to let your friends stake ETH into your validator (aka squad staking). App link: https://fren.joinstakehouse.com/

NOTE: You will need Goerli ETH to practice this on Testnet.

Here is where I learned about this technique. They even included a video walkthrough:

https://twitter.com/blockswap_team/status/1651238864156073985?s=20