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SSV Network Rolls Out ‘SSV2.0’ Based Applications Protocol, Unlocking Validator Yield

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SSV Network Rolls Out ‘SSV2.0’ Based Applications Protocol, Unlocking Validator Yield


In Brief

SSV Network has launched SSV2.0 with the aim of transforming the restaking market and contributing to the rise of the Based Economy, bridging Ethereum and offering new sources of yield for validators.

SSV Network Rolls Out ‘SSV2.0,’ Enabling Based Apps To Securely Utilize Ethereum Validators From Layer 1

Provider of decentralized and scalable staking infrastructure, SSV Network announced the launch of its SSV2.0–Based Applications Protocol. This new development is expected to transform the restaking market and contribute to the rise of the Based Economy, bridging Ethereum and providing fresh sources of yield for validators. This vision has been developed by SSV Labs and shared with the SSV Network DAO.

SSV2.0 introduces a bootstrapping model that creates new opportunities for validators by integrating off-chain services, referred to as “based applications” (bApps). Through SSV2.0, validators can extend their security to support a broader range of applications, effectively creating a new asset class: the Validator.

This advancement offers a new approach for validators to earn more by increasing their involvement. By utilizing validators as a valuable asset class, SSV2.0 unlocks a new category of decentralized applications – based applications (bApps). A bApp is defined as any service or application that takes advantage of Ethereum validators for their security, decentralization, and inherent Sybil resistance.

Developers can leverage bApps for a variety of purposes, such as rollups, co-processors, oracles, bridges, and other use cases. bApps can also enable innovative solutions like pre-confirmations and base-sequencing. By allowing SSV validators to engage with new opportunities, bApps can boost validator yields while ensuring their security, without introducing additional risk to the validators or the Ethereum network.

Based-Applications Chain To Power SSV2.0

The Based-Applications Chain is the first bApp set to launch as part of the phased rollout of SSV2.0. The bApps chain will function as an “App chain,” incorporating existing DVT contracts and operations from the SSV Network, along with new bApp operations and features.

The decision to design the bApps chain as an App Chain is based on four key factors: First, Ethereum’s calldata limitations can hinder the efficient operation of data-heavy DVT and bApps. The bApps chain addresses this by enabling high-volume transactions with persistence, bypassing these constraints. Second, gas fees on Ethereum can make DVT operations costly, so a dedicated bApps chain helps reduce transaction expenses, benefiting both developers and users. Third, the bApps chain leverages light clients, allowing for efficient participation and minimizing storage and processing requirements. This makes it easier for bApp developers and operators to join the network. Finally, the bApps chain features a credibly neutral coordination layer that integrates seamlessly with multiple Layer 1 blockchains. This removes chain-specific dependencies, supporting a decentralized and interoperable ecosystem.

SSV Network Proposes Updated Tokenomics Along With SSV 2.0 Launch

As the SSV Network evolves from a DVT-powered staking infrastructure to a more complex network supporting the based ecosystem, an update to the SSV tokenomics will be required. The SSV Network DAO will explore new mechanisms to avoid inflating the supply of SSV tokens. SSV staking will play a key role in securing the Based-Applications Chain. Similar to other blockchains, and to ensure the integrity of the bApps chain, SSV tokens will be exclusively staked as a slashable commitment by validators.

The fees accumulated through staking will be distributed to each node operator based on their responsibilities to the bApp. Operators have the flexibility to allocate a portion of the rewards to delegators who contribute SSV tokens or validators. The remaining rewards are retained as operator fees.

The minting of SSV tokens is fully controlled by the SSV DAO’s Multisig committee and requires approval from the Decentralized Autonomous Organization (DAO). Currently, the bulk of the minting process is driven by the Incentivized Mainnet (IM) program, which has minted over 600,000 SSV since its inception in October 2023. This program is set to end on December 31, 2025. Additionally, the protocol burns a portion of collected fees based on the amount of SSV staked. The burn rate increases as more tokens are staked, leading to a reduction in the circulating supply. Due to the decreasing minting rate and increasing burn from staking, SSV’s inflation will decrease over time. In an optimistic scenario, the network could become deflationary by 2027, with a more conservative estimate expecting deflation to begin in 2028 or 2029.

The SSV2.0 rollout will follow a phased approach, with each phase building on the last. According to the roadmap, the testnet is expected to launch in Q1, the mainnet in Q2, the bApp Chain will go live in Q3, and the full activation of the bApp Chain is planned for 2026.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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Alisa Davidson










Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.








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Palia: How to Make Steamed Fish

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Palia: How to Make Steamed Fish


Steamed Fish is one of the rare meals in Palia that players can consume to gain a decent amount of Focus or give it to the characters who love/need it. Currently, Subira needs the Steamed Fish and this guide will walk you through how to unlock the Steamed Fish recipe and make it in Palia.

How to Unlock the Steamed Fish Recipe in Palia

Like every cooking recipe in Palia, players must first learn its recipe and it is the same for Steamed Fish. Before players get to make the Steamed Fish, they will have to unlock it. To unlock the Steamed Fish recipe, you have to purchase it from Reth’s Store at the Tavern. It will cost you 1,000 Gold. Moreover, you can also purchase it from Reth’s Street Specialties stall during the Luna New Year event for 1,000 Gold.

How to Make the Steamed Fish in Palia

Once you have the Steamed Fish recipe, you will be able to make it using your cooking appliances. As each recipe requires certain cooking appliances and ingredients, it is the same for the Steamed Fish. You need 1 Standard Stove and 1 Prep Station to make the Steamed Fish using the following ingredients.

Follow the following steps to make the Steamed Fish.

Step 1: Interact with the Standard Stove and select the Steamed Fish recipe to start making it.

Step 2: Go to the Prep Station and interact with it to make Chopped Ginger.

Step 3: Interact with the Prep Station again to make Chopped Wild Green Onion.

Step 4: Go back to the Standard Stove and add the ingredients you prepared one by one.

Step 5: Complete the Flipping mini-game successfully to finish making Steamed Fish.

Make sure to complete all of the above steps in under 2min, otherwise, you will get Spoiled Food.

Making Steamed Fish in Palia

Use of Steamed Fish in Palia

Consuming Steamed Fish generates 150 Focus (Basic) or 225 Focus (Star Quality). You can sell it for 28 Gold (Basic) or 81 Gold (Star Quality) at the Shipping Bin. Additionally, you can give it to the villagers who like it or who need it as a weekly want. Currently, Subira needs Steamed Fish until February 2, 2025, so if you have prepared some, bring it to her.



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Prince Harry Appears in Surprise WellChild Video From Montecito Home

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    Prince Harry Appears in Surprise WellChild Video From Montecito Home


    Prince Harry made a surprise appearance to support the forthcoming 2025 WellChild Awards — and the video appeared to be shot at the Montecito home he shares with Meghan Markle and their kids Prince Archie and Princess Lilibet.

    The Duke of Sussex, 40, urged the public to submit nominations for the 20th annual awards in the clip, released on Tuesday, January 28.

    “Each year, the WellChild Awards, in association with GSK, recognize and celebrate the growing number of young people with complex medical conditions from across the United Kingdom as well as those who go the extra mile to care for them,” Harry said. “They allow us to shine a spotlight on the remarkable stories of strength, resilience and courage that they demonstrate every single day.”

    Harry has been a patron of WellChild, an organization that raises money for children and young people with exceptional health needs to be cared for at home instead of hospitals, since 2007.

    “This year is especially significant as we celebrate the 20th WellChild Awards,” Harry added in the video. “It is a true privilege to honor the bravery and compassion of this incredible community.”

    Related: Prince Harry Gives Insight on 3-Year-Old Daughter Lilibet’s Home Life

    Prince Harry gave some brief insight into 3-year-old daughter Lilibet’s life at home — and more importantly, her toys. Harry, 40, congratulated the “little legends” receiving this year’s WellChild Awards in London on Monday, September 30, and discussed life as a parent of two. In addition to daughter Lilibet, Harry shares 5-year-old son Archie with […]

    He asked the public to nominate “exceptional people who inspire you every single day” for the upcoming ceremony, which is set to take place later this year.

    Prince Harry Appears in Surprise WellChild Video From His Montecito Home

    Prince Harry
    WellChild/YouTube

    “Your support can make all the difference,” Harry concluded. “So, please join us in recognizing the amazing individuals who will be recognized at the 2025 WellChild Awards.”

    This isn’t the first time the Duke has shot from his California home. He and Markle, 43, previously stood in the same spot when speaking at the Global Ministerial Conference on Violence Against Children in November 2024.

    Harry’s work with WellChild has been widely recognized over the years. In October 2024, a source told Us Weekly exclusively that the duke was “amazing” with the children while attending the 2024 WellChild Awards.

    “Harry was so warm and charismatic on stage,” the insider shared at the time. “The reaction to him was very good.”

    Prince Harry Meghan Markle s Kids Archie and Lili Are So Well Mannered 986

    Related: Prince Harry, Meghan Markle Are Present With ‘Well-Mannered’ Archie, Lili

    Prince Harry and Meghan Markle are hands-on parents to their children, Prince Archie and Princess Lilibet. “They take the kids to school, they pick them up, and they are very active and present with them throughout the day,” a family friend of the couple exclusively told Us Weekly in an August cover story. According to […]

    Prior to the ceremony, Harry “spent time backstage with all the winners for a long time,” the source continued.

    “He was just chatting to them all and had even learned things about them all first, so it was intimate and touching,” they added. “He is so good at that sort of thing, hanging with kids.”

    Harry also addressed the crowd during the same event, sharing details about his fatherhood journey.

    “As a parent, I know a little about the emotional roller-coaster of parenting,” he said. “But, when I hear about the care many of you mums, dads and family members provide; the level of round-the-clock care you offer; the skills you’ve had to learn; and the battles for support that you fight every single day — I am truly in awe. You are all incredible, and your love and dedication are nothing short of heroic.”



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    ‘The Bachelor’ Recap: Who Did Grant Ellis Send Home In Week 1?

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      ‘The Bachelor’ Recap: Who Did Grant Ellis Send Home In Week 1?


      Reading Time: 4 minutes

      Well, a new season of The Bachelor is officially underway.

      And despite the presence of the No-Drama Llama, roses were handed out and tears were shed as Grant Ellis began his epic quest for love.

      Grant might be excited to find his future wife, but he was forced to acquaint himself with the messy side of the process early on, sending home seven women on his very first night.

      Grant Ellis has been named the Bachelor for the show's 29th season.
      Grant Ellis has been named the Bachelor for the show’s 29th season. (ABC)

      The casualties included at least one cast member whom X commenters predicted would make it through to the final rounds.

      But it wouldn’t be a season of The Bachelor without a whole bunch of surprises.

      And even the No-Drama Llama can’t save these 25 women from the pain of being left roseless at the end of the night.

      Who Got Sent Home on ‘The Bachelor’ Week 1?

      Welcome to Bachelor Nation, Grant Ellis! (Disney/John Fleenor)

      It was a cocktail party with consequences as Grant’s journey to the altar got underway in frantic fashion.

      As usual, the women lobbied for one-on-one time, and some first impressions just weren’t strong enough to earn a ticket to night two.

      So without further ado, let’s check out the full list of women who did not receive roses on Grant’s first night as Bachelor.

      Kyleigh in a promotional photo taken ahead of The Bachelor Season 29. (Disney/Matt Sayles)

      Kyleigh is a Retail Manager from Wilmington, N.C. who loves line dancing.

      Sadly, she wasn’t able to dance her way into Grant’s heart.

      She left the show with grace and dignity, however, wishing the new Bachelor luck on her way out the door.

      Savannah in a promotional photo taken ahead of The Bachelor Season 29. (Disney/Matt Sayles)

      Savannah is a Wedding Planner from Charlottesville, Virginia. who loves a competitive game of charades.

      She brought a wedding cake to night one, and she fought hard for Grant’s attention.

      Alas, it seems Grant just couldn’t imagine himself picking out a wedding cake with Savannah. And that’s gotta sting. No matter how you slice it.

      Kelsey in a promotional photo taken ahead of The Bachelor Season 29. (Disney/Matt Sayles)

      Kelsey is an Interior Designer from Brooklyn, New York who wants to study “empire building” under the queen of all momagers, Kris Jenner.

      Unfortunately, Kelsey won’t be building an empire with Grant.

      She was able to score some one-on-one time with him at the cocktail party, but she still wound up empty-handed at the end of the night.

      Neicey in a promotional photo from The Bachelor Season 29. (Disney/Matt Sayles)

      Next up is Neicey, a pediatrician from Blythewood, South Carolina.

      She arrived in a lab coat and pointed out that her medical degree is a sign that she’s not afraid of commitment.

      Sadly, it seems this doctor just couldn’t find her way to Grant’s heart.

      Bachelor fans on X picked Neicey as an early frontrunner. But it wasn’t meant to be.

      Radhika in a promotional photo for The Bachelor Season 29. (Disney/Matt Sayles)

      Radhika is an Attorney from New York City who is a self-proclaimed Harry Potter nerd.

      She may one day receive a letter from Hogwarts, but she did not get a rose from Grant on night one.

      And that’s a shame, as we were looking forward to seeing more of her Bollywood-inspired dance moves.

      J’Nae in a promotional photo for The Bachelor Season 29. (Disney/Matt Sayles)

      Next we have J’Nae, an Account Coordinator from Colorado Springs, Colorado who says her love language is FaceTime.

      Alas, J’Nae wasn’t able to score much facetime with Grant on night one.

      As a result, she climbed right back into the limo at the end of the evening.

      Christina in a promotional photo for The Bachelor Season 29. (Disney/Matt Sayles)

      Finally, there’s Christina, a Marketing Director from Fargo, North Dakota who says her biggest career goal is to start a clothing line inspired by her grandparents.

      We suppose the silver lining is that she’ll have more time to devote to that project after not receiving a rose from Grant on night one.

      So there you have it, folks. The pool of contestants has already been winnowed down from 25 to 18.

      And if all goes according to plan, Grant will be popping the question to one lucky lady in his season finale.

      Keep it locked on THG as we continue to update you on all of this season’s triumphs and tears.



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      Abstract Launches with 120 Projects, Redefining Blockchain for Consumers

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      Abstract Launches with 120 Projects, Redefining Blockchain for Consumers


      Abstract Mainnet Goes Live

      Abstract, a consumer-focused Ethereum layer-2 network developed by Igloo Inc., the parent company of Pudgy Penguins, has officially launched its mainnet. This step marks a move to make crypto more accessible and appealing to everyday users, not just those already familiar with blockchain technology.

      Source: Abstract

      In June 2024, Abstract raised $11 million to bring billions of new users on-chain and establish itself as a leading blockchain for consumer crypto products. Luca Netz, Abstract’s co-founder and owner of Pudgy Penguins, emphasized that the industry has often focused on technology at the expense of user experience. Abstract seeks to reverse this trend by creating a platform that is simple, inclusive, and enjoyable for everyone.

      Abstract introduces solutions to common challenges that have hindered crypto adoption. Its Abstract Global Wallet allows users to participate in blockchain activity using just an email address. Unlike traditional wallets, this innovative system eliminates the need for intimidating secret recovery phrases. These changes aim to make entry into the blockchain world smoother for those new to the space.

      The team behind Abstract spent a year crafting a platform that prioritizes usability and consumer needs. Cygaar, a pseudonymous developer and Cube Labs CTO, highlighted the results of this effort. At launch, Abstract unveiled a frictionless wallet with versatile capabilities and a network designed to support a wide range of consumer-friendly crypto applications.

      Abstract’s ecosystem launches with around 120 live projects, including those focused on infrastructure, NFTs, and meme coins. This diverse starting lineup reflects Abstract’s goal of catering to various interests. Over 350 additional projects and applications are expected to go live throughout the year, according to Phin, a pseudonymous marketing leader.

      How to Get Started

      Users can explore Abstract by visiting abs.xyz to create their global wallet. The platform supports easy onboarding of funds through options like bridging from other blockchains or using services such as MoonPay and Coinbase. Abstract also offers a unique incentive system. By engaging with projects and apps on the network, users can earn XP, a native rewards system similar to loyalty points. XP allows participants to level up and unlock potential perks and benefits as they interact more with the network.

      How to Get Started

      Source: Abstract

      Abstract’s mainnet is built on ZKSync’s ZKStack technology. This system uses zero-knowledge cryptography to ensure secure, fast, and scalable transactions. Like other Ethereum scaling solutions such as Base and Arbitrum, Abstract provides lower transaction costs and faster speeds compared to Ethereum’s mainnet. This foundation ensures a smooth and efficient experience for users across the network.

      Abstract positions itself as a network designed for everyday users rather than solely for crypto natives. By focusing on simplicity, convenience, and meaningful incentives, Abstract aims to redefine how consumers interact with blockchain technology. The platform’s commitment to removing traditional barriers and offering a diverse ecosystem of projects underscores its potential to bring crypto into the mainstream.

      Abstract’s mainnet launch represents a shift in the blockchain industry, prioritizing user experience over technical complexity. With its intuitive wallet, robust rewards system, and innovative technology, Abstract offers a glimpse into the future of consumer-focused blockchain platforms. By making crypto accessible and rewarding, Abstract has the potential to transform how users interact with blockchain applications and products.



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      Jowita Przystal’s ‘secret romance’ with Strictly 2024 star ‘revealed’: “It could lead to something long-term”

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        Jowita Przystal’s ‘secret romance’ with Strictly 2024 star ‘revealed’: “It could lead to something long-term”


        Jowita Przystal and Jamie Borthwick have been dating for months and their Strictly pals believe it could go the distance, reports suggest.

        Pro dancer Jowita and EastEnders star Jamie first met when he won the Strictly Christmas special back in 2023. However, they are said to have grown closer when Jamie competed in the competition in 2024.

        Reports suggest the pair became romantically involved during the BBC show and continue to remain close as they both take part in the Strictly tour with their respective partners.

        The pro’s Strictly stars are said to back the reported romance (Credit: ITV)

        Jowita and Jamie ‘growing closer’ on Strictly tour

        Throughout Jowita’s time on the show, she was heavily rumoured to be seeing her dance partner, TOWIE star Pete Wicks. But as he embarked on a relationship with Maura Higgins, it seems it was another celeb that caught Jowita’s eye.

        The source claimed to MailOnline: “Jowita and Jamie grew really close while filming Strictly. Things did get romantic between them. Jowita loves Jamie’s playfulness and sense of humour. Not to mention he is a very talented dancer.”

        Things did get romantic between them. Jowita loves Jamie’s playfulness and sense of humour.

        And it seems the rumours of Jowita and Pete’s romance actually benefited her and Jamie.

        They continued: “So many rumours were circulating about Jowita and Pete that her relationship with Jamie went under the radar. It was something they laughed about.”

        With things apparently going from strength to strength, the pair also have the backing of their Strictly tour co-stars.

        “They are still enjoying each other’s company as they perform on the Strictly tour. The cast believe their romance could well lead to something long-term,” the source went on to allege.

        The pair were seen giggling and standing together last Monday in Sheffield, after having a meal with the rest of the Strictly stars.

        ED! has contacted reps for Jamie and Jowita for comment.

        Jamie Borthwick on Strictly

        Jamie and Jowita first met in 2023 when he appeared on the Strictly Christmas special (Credit: BBC)

        Pete teased Jowita about Jamie

        It’s not the first time people have wondered about their relationship status, after Pete and Jowita spoke about the pair’s bond on his podcast Staying Relevant.

        When Jowita was co-hosting an episode with him back in November, Pete asked her who she would want to dance with, if he wasn’t an option.

        He said: “I know the answer to this. 100%, Jamie.”

        Jowita agreed, explaining: “I knew him from the Christmas special and we got on very well.”

        Pete backed their pairing, confirming: “I said this to you at the weekend actually, but you and Jamie would have been great. You get on really well with him. And you would have had lots of fun with him. And Jamie is a really good dancer.”

        Read more: Wynne Evans ‘axed’ from Strictly tour after ‘repeated warnings’ as BBC statement pending

        YouTube video player

        Do you think Jowita and Jamie would be a cute couple? Let us know by leaving a comment on our Facebook page @EntertainmentDailyFix. We want to hear your thoughts!



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        Manas AI Revolutionizes Drug Discovery with $24.6 Million in Seed Funding – Web3oclock

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        Manas AI Revolutionizes Drug Discovery with .6 Million in Seed Funding – Web3oclock




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        Eternal Strands: A Magical Action-Adventure Where the World is Your Weapon | TheXboxHub

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        Eternal Strands: A Magical Action-Adventure Where the World is Your Weapon | TheXboxHub


        Eternal Strands: A Magical Action-Adventure Where the World is Your Weapon | TheXboxHub
        Eternal Strands – now on Game Pass, Xbox, PS5 and PC

        Prepare to unleash a symphony of destruction and magical mayhem in Eternal Strands, the highly anticipated debut title from Yellow Brick Games as it hits Game Pass Day One, Xbox, PlayStation and PC.

        This action-adventure RPG, available today on Xbox Series X|S, PlayStation 5, and PC, invites players to explore a vibrant world, master the art of elemental combat, and uncover the secrets of a forgotten civilisation. And the best part? Xbox Game Pass subscribers can dive into this epic adventure for free!

        A World of Magic and Mayhem

        In Eternal Strands, you’ll step into the shoes of a powerful warrior who wields the Mantle, a magical cloak that grants you control over fire, ice, and telekinetic forces.

        Combine these elemental powers with enchanted weapons and armor to create a unique combat style and conquer the challenges that await.

        Sounds good? You’re right, it is! Make sure you check out our full review of Eternal Strands on Game Pass and Xbox right now.

        Features That Will Ignite Your Imagination

        Elemental Combat: Unleash devastating attacks with fire, ice, and telekinesis, shaping the battlefield to your advantage. Hurl burning trees at enemies, freeze them in their tracks, or unleash a torrent of telekinetic force to send them flying.

        Interactive Environments: The world is your weapon in Eternal Strands. Burn barriers, freeze water to create pathways, and manipulate the environment to overcome obstacles and gain a strategic edge in combat.

        Colossal Encounters: Face off against gigantic adversaries in epic battles that require a mix of swordplay, spellcasting, and acrobatic manoeuvres. Climb atop these towering foes, exploit their weaknesses, and unleash devastating attacks to emerge victorious.

        Dynamic World: Explore a world that reacts to your actions, with an unstable climate that can be manipulated to your advantage. Trigger wildfires, freeze pathways, and use the environment to your advantage in both combat and exploration.

        Exploration and Discovery: Uncover the secrets of the Enclave, a lost bastion of power and knowledge, and interact with a cast of intriguing characters who will aid you on your journey.

        A New Breed of Action RPG

        Eternal Strands promises a fresh and innovative take on the action RPG genre, blending elements of magic, environmental interaction, and challenging combat to create a truly captivating experience.

        With its stunning visuals, deep customisation options, and a world that’s ripe for exploration, this game is sure to appeal to fans of action-adventure games and those seeking a unique and rewarding challenge.

        A Game Pass Gem

        Xbox Game Pass subscribers can experience the magic of Eternal Strands for free, making it an even more enticing proposition for those who crave a new and exciting adventure. This is a fantastic opportunity to delve into the game’s rich world, master its unique combat system, and uncover the secrets of the Enclave.

        Eternal Strands is available today on Xbox Series X|S, PlayStation 5, and PC, including Game Pass. Head to the likes of the Xbox Store to nab a download, all before unleashing your elemental powers, and preparing to conquer the challenges of a world where magic and mayhem collide!

        You cannot play Eternal Strands on Xbox One.

        Eternal Strands Description

        Eternal Strands is the debut fantasy action-adventure title from Yellow Brick Games, a new independent studio founded by industry veterans.



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        DeepSeek: Pioneering AI Innovation in China with Affordable Excellence

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        DeepSeek: Pioneering AI Innovation in China with Affordable Excellence


        DeepSeek: Redefining AI Innovation in China

        In 2023, Liang Wenfeng established the Chinese artificial intelligence company DeepSeek, which has quickly become well-known. The company, which has its headquarters in Hangzhou, Zhejiang, and is backed by the hedge fund High-Flyer, focuses on creating large language models (LLMs) that are competitive with the world’s top AI systems. DeepSeek has set itself apart in a competitive market thanks to its open-source approach and emphasis on affordability.

        Who Owns DeepSeek?

        The founder, Liang Wenfeng, is a key figure in the vision and strategy of DeepSeek, which is privately held. A computer scientist with experience in natural language processing, Liang has been instrumental in furthering the development of DeepSeek.

        The business is financially supported by High-Flyer, a well-known hedge fund that has backed DeepSeek’s ambitious initiatives since the company’s founding. The fact that High-Flyer invested shows how much the corporation believes it can transform the AI industry. Beyond High-Flyer, DeepSeek has established collaborations with other businesses, such AMD’s hardware support, to optimize the performance of its AI models.

        Source: DeepSeek

        This ownership structure, combining visionary leadership and strategic financial backing, has enabled DeepSeek to maintain its focus on research and development while scaling its operations.

        DeepSeek Coder

        In November 2023, DeepSeek launched DeepSeek Coder, a model designed for coding tasks. With ranges that vary between 1 billion and 33 billion parameters, this model is compatible with more than 80 programming languages. With 2 trillion tokens pre-trained, it provides developers with cutting-edge performance.  DeepSeek Coder has gained attention for its ability to handle complex coding challenges with precision and speed.

        DeepSeek-V2

        DeepSeek-V2, released in May 2024, showcased exceptional capabilities in reasoning, coding, and mathematics. It outperformed models like GPT-4 in benchmarks such as AlignBench and MT-Bench. Users praised its strong performance, making it a popular choice for tasks requiring high accuracy and advanced problem-solving.

        DeepSeek-V3

        DeepSeek-V3 has become a highlight in DeepSeek’s portfolio due to its remarkable efficiency. Training on 14.8 trillion tokens required only 2.788 billion H800 GPU hours, a fraction of the resources used by competitors. Using a Mixture-of-Experts (MoE) architecture, DeepSeek excels in benchmarks and has established itself as one of the best open-source models available.

        DeepSeek-R1

        In January 2025, DeepSeek introduced the R1 model, which has disrupted the market. This open-source model rivals industry leaders in performance while being significantly more affordable. DeepSeek-R1 has emerged as a game-changer, challenging the dominance of U.S.-based AI companies and drawing global attention.

        DeepSeek’s advancements have sent ripples through the tech industry. The launch of R1 sparked reactions in financial markets, with companies like Nvidia seeing share prices drop. Investors and analysts have noted DeepSeek’s potential to reshape the AI landscape by reducing development costs. The cost-effective nature of DeepSeek’s models has also driven a price war, forcing competitors to reevaluate their strategies.

        Its influence is further demonstrated by the success of DeepSeek’s AI Assistant, which is driven by DeepSeek-V3. The assistant is now the most popular free software on the Apple software Store in the US, surpassing competitors like ChatGPT. This accomplishment demonstrates DeepSeek’s capacity for global competition.

        Challenges and Controversies

        DeepSeek’s rapid rise has not been without hurdles. The company has experienced cyberattacks, leading to service disruptions. Additionally, questions about its training data have sparked controversy. Critics allege that DeepSeek models may have incorporated data from competitors like ChatGPT, with some instances of DeepSeek-V3 mistakenly identifying itself as ChatGPT.

        These problems have brought up moral questions regarding DeepSeek’s development procedures’ transparency. These disputes highlight the difficulties of managing a cutthroat and closely watched business, even as the corporation remains committed to open-source innovation.

        Challenges and Controversies

        Source: DeepSeek

        The key to DeepSeek’s success is its capacity for innovation with constrained resources. By optimizing hardware and software, the company has achieved high performance at lower costs. Collaborations with AMD for hardware support have further boosted efficiency, allowing DeepSeek to compete with U.S. tech giants despite geopolitical tensions.

        The company has also distinguished itself by prioritizing research over quick commercialization. DeepSeek has promoted a community-driven approach to AI research by giving priority to open-source contributions, which has allowed its models to be widely adopted.

        Chinese policymakers have taken notice of DeepSeek’s accomplishments. Shortly after DeepSeek-R1 was released, Premier Li Qiang invited founder Liang Wenfeng to a closed-door symposium. Beijing’s acknowledgement of DeepSeek’s contribution to the development of China’s AI capabilities is reflected in this.

        According to the government, DeepSeek is essential to getting around US export restrictions and becoming self-sufficient in vital sectors. The company’s achievements support China’s governmental objectives of encouraging innovation and lowering dependency on foreign technology.



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        EXCLUSIVE | Exploring the Heart of ‘Los Frikis’: A Conversation with Hector Medina and Eros De La Puente

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          EXCLUSIVE | Exploring the Heart of ‘Los Frikis’: A Conversation with Hector Medina and Eros De La Puente


          Kani Kusruti has established herself as one of the most compelling voices in contemporary Indian cinema, redefining what it means to be an actor in the modern age. Known for her bold choices and immersive performances, Kani consistently gravitates toward stories that challenge societal norms and delve into deeply human narratives. This year has been particularly momentous for her, with two standout performances cementing her place as a powerhouse of talent.

          In Payal Kapadia’s ‘All We Imagine as Light,’ Kani Kusruti delivers a mesmerizing portrayal of a migrant woman grappling with love, identity, and loss in the chaos of Mumbai. Blending raw emotion with a touch of magical realism, her performance is a masterclass in subtlety and depth, earning critical acclaim globally. Meanwhile, her role in ‘Girls Will Be Girls,’ a boundary-pushing project directed by Shuchi Talati, showcased her fearless commitment to layered, complex characters, and got her a nomination at this year’s Independent Spirit Awards.

          From her National Award-winning performance in ‘Biriyaani‘ to her recent breakthroughs, Kani Kusruti continues to shatter stereotypes and expand the scope of Indian storytelling. As we dive deeper into her craft, we uncover the ethos behind her extraordinary year and her approach to art, storytelling, and self-expression.

          @kantari_kanmani/Instagram

          Here’s the full interview with actor Kani Kusruti:

          Aayush Sharma: Congratulations on the incredible wins for ‘All We Imagine As Light’! The past few days must have been a whirlwind of emotions, from press engagements to screenings, culminating in this well-deserved triumph. How does it feel to see all the hard work and passion behind this film being celebrated on such a grand stage? Has the magnitude of this achievement truly sunk in yet?

          Kani Kusruti: I don’t take much pride in these things, and I’m not that kind of personality. I’m happy for Pile, for all the people who worked on the film, and for myself and everyone, actually. But it’s part of—I mean, this film had its own journey. Girls Will Be Girls also had a different, great journey, which is nice, and I’m happy about it. I think an actor’s life is more about being able to work on interesting projects, different kinds of stories, and diverse characters. Those opportunities are what I find more interesting. For me, both these films—the time of the shoot, the time of rehearsals, and everything before we put it out there—already felt very rewarding. That whole process was fulfilling in itself. So, this recognition is all like bonus points and brownie points that I’m getting after—or that all of us are getting after. That’s how I see it.

          Aayush Sharma: You began your journey in theater and are now working on feature films and TV shows. How has your acting process evolved from your time in theater to your work in feature-length films?

          Kani Kusruti: I am a theater student as well, so I have studied different ways of approaching a performance or different kinds of craft. Of course, I don’t get to practice all my craft always, but I try to. Sometimes I’m lazy, but sometimes I try to. I don’t have one way of approaching a story. It depends, especially in films. I am more about wanting to know what the director wants, how they want to tell the story, and what kind of acting style they require for that particular film. I try to gauge that and then approach how I want to play the part and decide what approach or craft of mine will be useful for that specific story. So, I don’t have one approach anyway. Of course, there have been changes—more than changes. In the past 10 years, I have started learning acting, particularly with Venu Ji, who is a Kathakali and Koodiyattam artist. His daughter, Kapila, is my best friend and one of the most phenomenal actresses I know. They have courses called Navarasa Sadhana, and I have taken different phases of them. Then there’s Adi Shakti in Pondicherry. Their workshops help fine-tune or continue learning new crafts to play or act. In the past four or five years, I haven’t had much time to learn again, but I try to practice what I’ve learned so far. I also studied at Jacques Lecoq, a physical theater acting school, which has a completely different approach. What I mean is, yes, change has always been there. I allow myself to change and to be surprised by myself—thinking one way now, and maybe changing it later. That’s been my approach. So, yeah, I’m glad it’s always changing.

          Aayush Sharma: So, we have heard that you initially were going to play Anu? What changed during the process that then you got to play Prabha?

          Kani Kusruti: So, no—Payal (Kapadia) came to me with the script eight or nine years ago when she had just the idea itself. She had watched me in this short film called Memories of a Machine, and then she reached out to a common friend to ask for my contact. He messaged, saying that Payal was studying at FTII at the time. She hadn’t made anything yet, but she said, “I’m thinking of this story about two nurses. One character will be closer to 38 or 39, and the other will be 26 or 27.” At that time, I was 30 years old. She said she had watched this short film of mine and, if in a year or two she made the film, she would like me to play the younger part. She added that I could play the older part too, but that was for a much older age. Payal felt that while developing the character, she was thinking of me playing it after watching my short film, so she started writing it that way. She used to send me different drafts, but then she went on to make other projects, like Night of Knowing Nothing and Afternoon Clouds. Her journey was different, and the film was finally made only a year ago.

          By that time, I had also turned 39. I knew that when she finally said, “Kani, I’m going to make this film we’ve been talking about,” I couldn’t play the younger part anymore. I told her that, and she asked, “Do you want to audition for the other part?” That’s how I auditioned for the older part. Anyway, even with the drafts I had read, though she wanted me to play the younger role, I wasn’t already thinking about how I’d play it. I always left room for Payal to come and slowly discover it with me, rather than having an idea in advance about how I’d play it. I didn’t approach it with fixed thoughts. So, yeah—that’s how it changed because it took years to finally make it, and something else happened.

          All We Imagine As Light

          Kani Kusruti and Divya Prabha in a still from ‘All We Imagine As Light’ (Photo Credit: Spirit Media)

          Aayush Sharma: Prabha’s journey seems to go beyond the typical notion of urban loneliness—it’s a deeper, more profound solitude stemming from an absent yet present partner, a reality that resonates with many Indian women and men. You’ve mentioned that she’s not necessarily clinging to hope but rather navigating a space of quiet hopelessness until she finds closure. How did you approach capturing this nuanced emotional landscape, and what was your process in portraying a character who finds strength not in hope, but in acceptance and moving forward?

          Kani Kusruti: I mean, I try to understand Prabha through Payal only, as much as I can because, again, for me, my personality is, of course, about allowing myself to really recognize the problem and then move towards closure and come out of it—that’s my approach to life. I may not be like Prabha, taking this many years of time to get there, but I understand that everybody has different journeys. For me, it was almost ridiculous for someone to take this much time when I think of it. So in that way, I don’t understand Prabha so well, but I think there was no particular approach to it. I was just trying to understand her. Even though she’s financially independent and everything, what does independence actually mean for a woman in India? And how do they arrive at it? Even when she lived in another city and had her own way of living, to find closure, to move on, and to get hold of her life, how much of the system, patriarchy, and everything around her is so deeply rooted that even a financially independent woman is not so independent?

          For me, yeah, it is strange because I grew up with a lot of privilege in terms of owning my space and standing up for myself. It was all very easy for me to realize, thanks to how my parents raised me. So, yeah, for me, it was like—I know women like that. It wasn’t someone that I didn’t know. I know a lot of women like that, in fact. So in that way, it was easy to understand that they take their time, and it’s a very slow process. Only by herself opening up a bit more, in her quiet time of accepting others, I think Prabha started becoming more accepting of other people, like Anu or Parvati’s perspectives on life. And her allowing herself to show her vulnerability to Anu—after at least asking forgiveness from her after being rude and all those things—is how she slowly starts seeing those changes. But it wasn’t difficult to understand Prabha for me. I think, for me, Girls Will Be Girls, Anila was more of a difficult character to understand. Prabha’s kind, I know many women like her. Anila’s kind, I didn’t know almost anyone.

          Aayush Sharma: In Girls Will Be Girls, your character Anila seems to embody dual aspects or conflicting roles. Meanwhile, you also play Prabha, a character with a distinct personality. How does your approach as an actor differ when transitioning between these two very different roles?

          Kani Kusruti: So, like I said in the beginning, for me, the approach changes depending on which director I work with, rather than what character I’m playing, because I always find directors with a very strong voice. Very rarely are directors like, “You just do as you want.” Most directors I’ve worked with have a clear idea of how the whole film should look, what the acting style for all actors should be, and how their characters should be portrayed. Particularly with Payal, everything was designed. All credit goes to Payal only. In terms of even a tiny movement—from an eye movement to a sigh—everything was clearly designed, and Payal wanted it that way, I would say. So that is there. With Shushi, she was more open to interpretations, okay? But she also had clarity about what she wanted. She was open to seeing how things turned out. She kind of clearly told us what the situation was like and who the characters were, so we knew that. But how we would react there—she was a little more open to it. Still, Suji also directed scenes with very different interpretations. In Girls Will Be Girls, there were also scenes where some days, she would completely reinterpret it differently and make us act completely differently, okay? So, I was very curious to watch Girls Will Be Girls because I didn’t know what made it to the editing table, or what made the final cut. I didn’t know which variation of my interpretation of Anila made it into the final cut. Even I had to wait to see, okay?

          So, it was very interesting to see that. As opposed to Payal, we rehearsed everything, and we knew exactly what we were going to shoot. Before the shoot, we already knew how the scene was going to come out. There was no surprise at all. In Shuchi’s films, there were many surprises. I’d be like, “Oh, this is the shot.” She would finally… like, there were so many things. Even though she had clarity and her script was clear, she was a director who wanted to play around like that a bit and then later decide. I mean, it’s also possible that when I watched Girls Will Be Girls, finally, Shuchi took most things closer to the script only. But while shooting, she was making us go everywhere, which was really fun also, yeah. So, my approach—coming back to the question—is that, like you said, all these approaches were different depending on the director. Suji wanted us to be completely open-minded and completely change our interpretations. Maybe she shot every take as a different variation. It wasn’t like a better take of the previous one—every take was a completely different variation. That’s how Suji wanted it, also. So, in that way, I found the process was different. Then, you know, how to approach Anila was different. Because I couldn’t say, “No, Anila will not behave like that.” I couldn’t say, “No, what if Anila behaves like this, also?” It wasn’t like that. But with Payal, it was like, “No, this is how Prabha is.” We were trying to figure out her frame exactly as that, and only that. Payal was trying to keep it within that, and only that. Within that, we were working, so it was more.

          Girls Will Be Girls

          Prime Video

          Aayush Sharma: There’s a moment in the film when Parvathy, a colleague, tells Prabha, “You’re better off being alone,” and the look on your face in that instant is haunting. It’s a silent, gut-wrenching reaction that speaks volumes without a single word. Now, this is an impactful change, for an actor, do such scenes require an extra bit of sensitivity or preparation?

          Kani Kusruti: No, actually, for me, I didn’t have to do anything. Chhaya Ji, the way… for me, Chhaya Ji, she would pick up these things from that bag in a way that I don’t know. That moment, every time we rehearsed it, even before the shot, I don’t even remember exactly which shot Payal finally chose. I mean, I’ve of course watched it, but I’m not remembering that specific shot of mine, yeah. I’m remembering how Parvathy, played by Chaya Ji, how she was taking that stuff and talking, and she just continued to do it. I am only remembering how she did it. That is the only thing making me do it. It’s nothing else. It’s how Chhaya Ji plays. I don’t know how to tell you. From the first rehearsal of that scene, I very much remember how Chhaya Ji—just the way she was doing—it touched me every time. I cannot explain it through words, like really.

          And it’s also one of my favorite Parvati’s actions. Chhaya Ji is only bringing that; that is why it’s happening. I mean, Payal must have shot both of us. I didn’t know in the edit whether they were going to stick with my face or… it didn’t matter. So, it was an interaction between Parvati and Prabha, and it was like that.

          Aayush Sharma: How did you collaborate with your co-stars, especially Divya Prabha and Chhaya Kadam, to create the interpersonal dynamics seen in the film?

          Kani Kusruti: Divya and I have done a soap opera together. We have done a play together. This was the first time we could act on screen together, so it was really nice. In terms of, like, I know what she likes, what she doesn’t like, or she knows me also, so that is there. But for me, none of that matters. It just had to be a good actor with a good attitude, that’s all. Like Chaya Ji, I did not know her—I know her only from the screen. She was an incredible person, incredible. A person that’s just so there, and it’s very easy to be with her and very, very cooperative to work with. Everything with Divya, which I already knew, but Divya and I knew so well that we knew it. But Chaya Ji—I didn’t feel like I did not know Chhaya Ji. Chhaya ji also felt like we had known each other for 20 years before. That’s the energy she brought. In fact, it’s not just about co-actors. It’s the crew and everyone on the film—all the ADs and, like, there is Ruth to Suryash, like many people who worked. Prabhadi, the assistant camera-woman, like many, many people who’ve worked in this film and also in Girls Will Be Girls. It was a certain kind of crew who all, like, you know, were like family and at the same time extremely professional, extremely empathetic, and kind.

          It was a very “no shouting” kind of shoot—very, very eagerly and honestly trying to make something very peacefully, which was really nice. So everybody had that energy. It is not just actors having that energy—that has no meaning. Also, film is an extremely collaborative process with a lot of people, and all the people on the set should have a certain kind of mindset. If it gels, and if that resonates with everyone, it will be a great experience to remember retrospectively. That’s how I see both films. Both were different, too, but it was really nice.

          Aayush Sharma: If you could revisit Prabha’s story or explore it in a sequel, what aspects of her life would you most want to delve deeper into, and why?

          Kani Kusruti: Nothing, except she’s a nurse. I really love nurses, like, I absolutely adore them. I respect them, and I think they do an incredible job for this world to balance out this well. I would have loved to know the hard work and talent that goes behind it. I don’t even think—I don’t know if I have the mind and body for it. The one thing that attracts me the most is that she’s a nurse. That’s the best part of her. And that is something that, personally, Kani would have liked to know. Like, I would have liked to know more.

          ‘All We Imagine As Light’ is playing in theatres, while ‘Girls Will Be Girls’ is available for streaming on Amazon Prime Video.



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