08 September, 2022
The eHive protocol is a community inspired experiment in DeFi Crowdsourcing built on the Ethereum
In the coming months, ETH 2.0 will be launched and change the network from a Proof of Work (PoW)
system to the new Proof of Stake (PoS) model. To enable this change in network operations the
Ethereum Network is required to have validators nodes facilitate and verify the on-chain transactions.
These validators will be generating ETH fees similar to previous Ethereum miners. However, the baseline
for creating a validator is currently set at a minimum of 32 ETH, which is well out of the range of the
typical DeFi user. Since validators will be the backbone of the new Ethereum Network, eHive and the
development team believe that all users of cryptocurrencies should have the opportunity to participate
in supporting the future of DeFi whether you have 0.01 ETH or 32 ETH. Through our token and
dashboard eHive plans to make validators and their revenue available to all holders big and small.