Exciting Developments Ahead for EigenLayer
Prepare for new rewards and incentives to enhance your experience as a staker or operator within EigenLayer’s ecosystem. The imminent introduction of Actively Validated Services (AVSs) rewards signifies a pivotal moment in the evolution of the protocol.
A Look at AVS Rewards and Programmatic Incentives
Discover how at least 4% of EIGEN’s total supply will soon be distributed to stakers and operators through programmatic incentives. Engage with a ‘rewards-boost’ mechanism that allows you to earn EIGEN based on rewards from AVSs, jumpstarting the rewards flow and facilitating price discovery, even during the initial stages.
- Prepare for the Season 2 stakedrop to reward current stakers and operators, with additional details to follow from the Eigen Foundation.
Introduction to AVS Rewards
Explore EigenLayer’s recent milestone of mainnet contract launching on June 14, 2023, with significant figures like 4.8 million ETH and 108 million EIGEN being restaked. Join over 300 operators running AVSs and 16 launched AVSs within a platform that aims to be a thriving marketplace for blockchain protocols seeking stake rental and high-quality operator sets.
- Get ready for the upcoming launch of the initial Rewards functionality, enabling stakers and operators to earn rewards and promoting price discovery within EigenLayer.
Enhancing Rewards with Programmatic Incentives
Experience the new rewards distribution from AVSs to stakers and operators and expect some integration adjustments as the systems adapt to this unique functionality. EigenLayer plans to introduce a programmatic incentives program focused on ‘reward-boosts’ where EIGEN rewards will automatically be disbursed based on AVS rewards, totaling at least 4% of EIGEN’s supply.
- Benefit from early EIGEN incentives through the design that encourages AVSs to distribute rewards promptly and enjoy a larger share of the incentives.
Engage with Reward Distribution
Claim your rewards seamlessly through app.eigenlayer.xyz and eigenlayer-cli, as operators can maximize their rewards by participating in multiple AVSs without facing incremental slashing risks, which are not yet activated. Look forward to EigenLayer implementing a ‘unique security’ feature to mitigate potential future slashing risks.
- Customize your rewards as an AVS developer by adjusting parameters such as the type of ERC-20 token, distribution amounts, and logic for operator rewards. Find detailed instructions in the ‘AVS Integrations’ documentation.
Looking Ahead to EigenLayer’s Future
Witness the growth of EigenLayer’s AVS ecosystem as new rewards and incentives take effect. Anticipate a prosperous economy within EigenLayer, benefitting all participants and fostering a thriving community within the protocol.
Hot Take: Seize the Opportunity with EigenLayer’s Rewards Program!
Get ready to experience a new era of rewards and incentives within EigenLayer’s ecosystem. Embrace the evolution of the protocol and take advantage of the benefits coming your way as a staker or operator. Don’t miss out on this exciting opportunity to enhance your experience and be part of EigenLayer’s thriving community!
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