Stakely Blog
October 24, 2024

Obol Contribution Program: Stakely and Obol Collective join forces to strengthen Ethereum decentralization

October 24, 2024

At Stakely, we are committed to the decentralization of Ethereum’s consensus layer. One of the most exciting initiatives in this area is the Obol Contribution Program, launched by Obol Collective. This program allows every staker to earn rewards and recognition by staking with Distributed Validators (DV), which you can easily deploy through our intuitive interface.

We are privileged to have been entrusted with this mission by Obol Collective, and in this blog, we will explain all the details about this important initiative.

What is the Obol Contribution Program?

The Obol Contribution Program is an innovative approach that not only rewards stakers for participating with Obol but also follows the "1% for Decentralization" model. Through this program, 1% of the staking rewards generated by DV is directed to Obol Collective’s Retroactive Funding (RAF).

This fund supports public projects that reinforce Ethereum’s infrastructure, ensuring that the network continues to evolve in a decentralized and secure manner. Participants in this program will also have the opportunity to access future governance and ownership within Obol Collective.

Benefits of participating in the Obol Contribution Program

  • Direct rewards: Earn rewards while contributing to the ecosystem.
  • Strengthening decentralization: By participating, you help solidify Ethereum’s validator network, promoting a more secure and reliable environment.
  • Retroactive funding: 1% of staking rewards are allocated to projects that enhance Ethereum’s infrastructure.
  • Governance access: You’ll have the chance to participate in future governance and ownership within Obol Collective, influencing key ecosystem decisions.
  • Active community: Join a community committed to transparency and decentralization.
  • Interoperability: Obol enables efficient and secure staking across different networks.

How to participate in the Obol Contribution Program with Stakely?

With our innovative portal, you can deploy Ethereum validators within an Obol Distributed Validator Technology (DVT) cluster. This service combines the reliability and security of Stakely’s infrastructure with the strength of Obol’s DVT, offering a unique and efficient staking experience for Ethereum holders.

Our portal operates under a non-custodial model, meaning users always retain control of their ETH. Additionally, our platform stands out for its user-friendliness, allowing you to deploy DV with just a few clicks, while we manage the infrastructure securely. This way, you can enjoy the benefits of Ethereum staking, with the peace of mind that your contribution is recorded in the program.

Advantages of staking with Stakely

  • Ease of use: Our product is designed for everyone, regardless of experience, to stake easily and securely.
  • Non-custodial service: Users retain full control of their ETH at all times. Neither Stakely nor Obol have access or control over user funds. Check out the smart contracts we implement.
  • Flexible withdrawals and rewards: Withdraw whenever you need.
  • Comprehensive dashboard: Track your validator status, balance, rewards, and Obol Contribution points through a simple and friendly interface.
  • Advanced Infrastructure: We integrate Obol DVT, Obol Charon, and operate across multiple server providers and countries, increasing the network's reliability.
  • Transparent fees: We offer a tiered fee structure based on the number of validators. Reward distribution fees are managed through immutable on-chain contracts.
  • Native ethereum staking: Supports staking in multiples of 32 ETH, directly interacting with Ethereum’s official deposit contract, eliminating pooling or re-staking risks.
  • Availability on testnet and mainnet.
  • Security and transparency: Your contributions on Stakely are fully transparent and recorded on-chain. Additionally, each delegator can monitor the status of their deployed validators in real-time from our portal.

Earn extra points in the Obol Contribution Program!

All users who stake ETH through our platform are eligible for the Obol Contribution Program, earning points that grant them access to governance and future ownership within Obol Collective.

Why Stake with Stakely?

Stakely, a reputable staking infrastructure company, brings its expertise to this project. With over $1 billion in staked assets, more than 10,000 Ethereum validators, and partnerships with leading protocols like Lido, Swell, and Stader, Stakely ensures top-tier service quality. Our SOC 2 and ISO 27001 certifications further highlight our commitment to security and best practices.

Our new staking product leverages Obol’s Charon DV middleware technology, the only DV implementation fully aligned with Ethereum. This technology ensures validator resilience by distributing validator keys across multiple servers for enhanced security, reducing the risk of slashing and providing one of the most decentralized and secure staking solutions on the market.


From the beginning, Stakely has closely collaborated with Obol, fully committed to a decentralized future. We have been involved in key initiatives like Lido's Simple DVT, and we contribute 1% of the staking rewards generated by our DV to Ethereum’s retroactive funding pool.

At Stakely, we believe that a decentralized future is crucial for Ethereum’s development. Our collaboration with Obol Collective not only reinforces this commitment but also fosters a community dedicated to transparency and decentralization, which we consider essential for the network’s long-term success. Together, we are building a stronger and more reliable ecosystem, where every contribution counts, and everyone can be part of Ethereum’s evolution toward a more resilient and decentralized future.

Enjoyed this article?

Share it with your friends!

Author

Fátima Pereira

Summary

What is the Obol Contribution Program?
How to participate in the Obol Contribution Program with Stakely?
Advantages of staking with Stakely
Why Stake with Stakely?

Top articles

Join our newsletter!

Subscribe to stay informed about the latest updates, industry insights, and exclusive offers from Stakely. Be the first to know about new features, supported networks, and expert tips for optimizing your staking experience

© Stakely 2024 | Stakely, S.L. | Company Number B72551682

C/Ferraz 2, 2º Izq, 28008, Madrid, Spain