# Obol Launches 1forDS Fund

> A new funding model designed to support projects focused on decentralizing the Ethereum consensus layer.

**Published by:** [ETH Daily](https://ethdaily.io/)
**Published on:** 2024-05-21
**Categories:** obol, dvt, lido
**URL:** https://ethdaily.io/obol-launches-1fords-fund

## Content

This story was featured in Episode 469. Obol Network launched the 1% for Decentralization (1forDS) retroactive fund, a new funding model designed to support projects focused on decentralizing the Ethereum consensus layer. The model directs 1% of staking rewards from Obol’s distributed validator clusters into a retroactive funding pool. As the network expands, it will generate increased funding for projects. Lido Finance is the first contributor to join the initiative via its SimpleDVT module. EtherFi has also committed to participate through its validators. Obol distributed validators enhance Ethereum’s fault tolerance by distributing a validator's key across multiple nodes, ensuring continuous validation even if one node fails.

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