Partnered With:

A&T Family: Why did we invest in Diva

Read this article in 7 Minutes

Diva plans to build a collaborative decentralized pledge pool that will go live on the Ethereum mainnet in late January.

Source: A& T Capital wechat official account

Financing information

Decentralized flow Pledge Agreement Diva completes $3.5 million seed Round, A& T Capital led the investment, with participation from Gnosis, Bankless, OKX Ventures, Metaweb, DCV Capital, Alphemy Capital, Very Early Ventures, Stake.vc, etc.

Diva plans to build a collaborative decentralized pledge pool. "Diva is an ultralight client that connects to existing Ethereum execution and consensus clients via a standard API," said Pablo Villalba, CEO of Diva. "The pledge can pledge any amount of ETH, with no minimum, and no nodes to run. Having a standard Web3 wallet is enough." Those who wish to operate nodes on Diva and receive rewards only need to hold 1 ETH to do so, and the protocol is available for any system that meets the minimum requirements to run Ethereum full nodes.

Diva will launch on the Ethereum mainnet in late January 2023.

Why did we invest in Diva

1. Investment Logic

a. There is a large, non-monopolized market in Staking

Staking a large marketAssuming that the token price of ETH is $10K in the next bull market and that 50% of ETH is staking, then the staking market will be staking over $35B per year. For a service platform like Diva, then, the staking market will be staking.

Non-monopoly marketstaking a staking staking staking staking would be an opportunity to decentralize all Ethereum nodes by staking a staking platform. Security poses significant risks that neither the Ethereum community nor Lido itself is willing to see, leaving room for Lido rivals like Diva.

b. Industry technology transformation, superimposed with Shanghai upgrade, there are significant window opportunities

Window opportunity: DVT, as the optimization technology selection of Ethereum node operation level, has just entered the user's vision recently and is in the stage of updating market share, which is a one-time opportunity for platforms entering the market with new technology; In the meantime, staking would open the staking staking staking. The channel for changing positions is also a huge one-time opportunity for new entrants.

2. Industry trends and status quo

a. The status quo tends to monopolize and new opportunities breed:

Lido has a Decentralized Liquid Staking monopoly on the track

staking by Lido makes the total value of ETH $6B, or 30% of all staking, an order of magnitude better than the next best Rocket;

DVT and Shanghai upgrade present new opportunities

staking is an excellent solution to the staking staking staking staking. This will be the long-term staking standard. staking is a brand new technology (Lido isn't staking yet). DVT staking is a chance for new players staking.

The same opportunity with the inherent $20B staking in Shanghai next week.

3. Project description

A. Staking:

As a Liquid Staking platform, Diva has two categories of players:

Staker:Allow customers to participate in ETH Staking with a low staking staking (no minimum participation, no need to run nodes), so that they are staking a good staking staking and enjoying 1:1 liquidity.

Node Operator:Allows users to become operators of Ethereum nodes with a minimum pledge of 1 ETH (instead of 32ETH), while lowering the barriers to operating nodes through the DVT technology framework (e.g Higher fault tolerance).

B. D. VT:

staking is the latest staking framework. DVT is designed to allow multiple operators to co-operate an Ethereum node, so long as a certain number of operators are staking. (reduces the risk of being punished for abnormal operation due to emergencies during the operation of nodes by a single operator);

In addition, DVT makes running nodes from a technical task as easy as installing an SDK.