Obol Collective has safely launched the OBOL Token, marking a major achievement for Ethereum and other decentralized infrastructure networks. With the commencement of this launch, we are excited to take our first step into a future where decentralized staking strengthens community governance and improves network security. Our governance and coordination is powered by the OBOL Token and more than 800 active node operators. Collectively, they lock up over $1 billion in ETH.

To offset this issue during the launch, we coordinated a strategic airdrop of OBOL Tokens. Millions of Ethereum solo stakers, Rocketpool node operators, and other contributors to the Ethereum ecosystem were airdropped these tokens. This type of airdrop made distribution very wide across people who were actually participating in securing the network. By allocating governance tokens to the core actors in this ecosystem, Obol Collective intends to structure a decentralized governance model.

Empowering Decentralized Staking

This is where Obol Collective’s technology has made a profound impact on the staking landscape. Lido grew like wildfire, increasing its number of operators from 36 to more than 200. In parallel, EtherFi has successfully deployed Operation Solo Staker and onboarded home stakers and everyone else to the protocol.

Additionally, Obol’s technology has allowed solo stakers to outperform the pros when it comes to validator effectiveness. Institutional-grade staking participants have gained, too, realizing the operating-cost reductions that come with improved performance. The company’s innovative technology removes single points of failure, which boosts the security and reliability.

"After years of building reliable, distributed validator technology that eliminates single points of failure, we’re now putting governance in the hands of the community," - Thomas Heremans, CEO of Obol Association.

Shaping Industry Standards and Policies

Obol Collective is a founding member of both the Proof of Stake Alliance (POSA) and the Node Operator Risk Standard (NORS). By engaging with these affiliations, Obol is directly participating in defining the technological and policy frameworks that will clarify institutional staking.

These initiatives are focused on creating industry standards and advancing best practices for node operators. Through regular participation in these working groups, Obol is more than just a builder, helping to mold a more secure, transparent staking ecosystem.

Introducing New Liquid Staking Mechanism

Together with Tally, Obol Collective is deploying a new kind of liquid staking. Unlike the existing staking model, this new mechanism provides a greater degree of flexibility and liquidity for stakers. Simultaneously, it makes the Ethereum network more secure and decentralized.

This partnership will introduce new opportunities for liquid staking, making it more accessible and efficient for all participants. Collaboration with Tally is a testament to Obol’s goal of advancing the forefront of decentralized finance.