According to PANews, SSV Labs submitted proposal DIP-59 on Oct. 23 to extend network hosting services through June 30, 2027, up from the previously planned Jan. 1, 2025 end date. The proposal reflects reduced scope amid market conditions, focusing on maintenance rather than expansion roadmap. Budget requests: $1.5 million USDC for 2026 and 2.7 million SSV tokens for the first half of 2027. The proposal also grants SSV Labs first-priority security interest over $900,000 in funds held by SSV Foundation.

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