EtherFi Partners with Obol Labs to Deploy $100 Million in Stake on Its Distributed Validators

Obol Labs, a provider of distributed validator technology, announced that its partner, EtherFi, plans to deploy $100 million worth of equity (1,000 validators) on Obol Distributed Validators (DVs). These validators will be operated by a multi-organizational cluster composed of seven professional validation organizations, including Pier Two, DSRV, Nethermind, Chainnodes, A41, Cosmostation, and Validation Cloud. These node operators have rich experience running Obol DVs. It is reported that EtherFi, a liquidity-heavy staking protocol (LRP), aims to maintain a secure, elastic, and decentralized staking environment. In addition, by adopting distributed validators, EtherFi and Obol Labs work together to ensure the highest quality of heavy staking capital for activating validation services (AVSs).