The Vault 2.​0: Berlin Hacker Village - Last Call for Applications

EigenLayer is advancing blockchain technology through two key innovations: - **Multi-Protocol Restaking**: Users can now restake ETH across multiple protocols simultaneously, enhancing network security and creating new reward streams. - **Verifiable AI Integration**: The platform is developing solutions for AI verification on blockchain, marking a significant step in combining these technologies. The ecosystem operates through collaboration between restakers, operators, and developers, focusing on capital efficiency and reduced operational costs. *Key Benefits*: - Enhanced cryptoeconomic security - Multiple protocol fee streams - Improved network robustness - Streamlined operational framework

The EigenLayer ecosystem continues its expansion with 27 new updates across multiple verticals. Key developments include: - Advancement in Agents and Oracles - Enhanced AI infrastructure - Governance improvements - AVS (Autonomous Verifiable Services) developments - Expanded GPU access - Upgraded slashing mechanisms This coordinated growth demonstrates progress toward a verifiable cloud infrastructure, encompassing AI, coordination, and comprehensive verification systems. The updates build on previous weeks momentum in verifiable data, oracles, and compute capabilities. Learn more about these developments at [The Eigen Times](https://eigenlayer.xyz)

EigenLayer is launching a new slashing mechanism called Redistribution. Instead of being permanently lost, slashed funds will now be redirected and repurposed by AVSs (Active Validator Sets). Key updates: - Slashing is not automatic - Risk is isolated to individual operator stakes - Each AVS defines its own slashing parameters - 14-day review period for community feedback - Operators require explicit opt-in for slashing-enabled AVSs The new feature aims to enhance the verifiable economy while maintaining careful risk management. Protocols like ether.fi are implementing comprehensive review processes and risk controls for operators participating in slashing-enabled AVSs. [Read the full announcement](https://www.blog.eigenlayer.xyz/redistribution-coming-soon/)

EigenLayer has successfully completed the Ethereum Pectra Upgrade, fully restoring EigenPods functionality including withdrawals. The upgrade process required several hours of planned downtime, as previously announced on May 1st. Key points: - Upgrade implementation began May 7th - Temporary downtime affected all EigenPods functions - Full service restoration confirmed May 8th For detailed information about the Pectra upgrade and its impact on EigenPods, visit the [EigenLayer Forum](https://forum.eigenlayer.xyz/t/pectra-hard-fork-guidance/14523).

Fermah is developing Confidential Proving Delegation technology that will be verifiable on EigenLayer. This represents a significant evolution in blockchain verification systems. - Current systems focus on proving past events - Future systems will enable private verification - Integration with EigenLayer enhances credibility The shift from traditional verification to provable applications marks a fundamental change in how we approach trust in blockchain systems. Instead of relying on blind trust, real-time verification becomes possible, making transparency a core feature rather than an afterthought.