Background

EigenLayer

Revolutionizing Ethereum with Multi-Protocol Restaking

EigenLayer introduces a transformative approach to the Ethereum ecosystem by enabling users to restake their ETH across various protocols simultaneously. This pioneering concept not only diversifies cryptoeconomic security beyond the core Ethereum protocol but also paves the way for new streams of protocol fees and rewards. The platform's unique structure fosters a dynamic environment where restakers contribute to the robustness and efficiency of the network.

Synergy in the Blockchain Space

The ecosystem within EigenLayer is driven by the harmonious interaction between restakers, operators, and developers. This collaborative model propels a new era of blockchain efficiency and creativity, ensuring a resilient and adaptable infrastructure. By emphasizing capital efficiency and minimizing operational costs, EigenLayer stands at the forefront of blockchain innovation, setting the stage for an expansive array of future applications and developments in the decentralized sphere.

Integrationstwitter

EigenLayer Launches Slashing Mechanism on Mainnet

Thu 10th Apr 2025
EigenLayer activates its slashing mechanism on mainnet April 17th, 2025, introducing accountability for crypto infrastructure. The update features: - **Opt-in system** for operators running AVSs under defined rules - **Unique Stake Allocation** to isolate slashing risk per service - **Operator Sets** for specialized roles and customized terms Key metrics: - 270+ AVSs in development - 80,000+ active stakers - Integration with LayerZero and Infura The system rewards meeting Service Level Agreements and penalizes underperformance, marking a significant step toward verifiable cloud infrastructure. [Learn more](https://www.blog.eigenlayer.xyz/slashing-goes-live/)

DIN Launches Testnet v0.1 with EigenLayer Integration

Thu 17th Apr 2025
The Decentralized Infrastructure Network (DIN) has launched testnet v0.1, marking a significant step in decentralized infrastructure development. Key updates: - Integration with EigenLayer, AltLayer, BuildBear, and TXTXRun - 9 additional providers joining the network - Focus on RPC endpoints for Infura and MetaMask - Implementation of programmatic onboarding - Economic stress testing capabilities The testnet represents progress toward verifiable infrastructure, allowing developers to access more reliable and decentralized Web3 API services. DIN functions as a permissionless app store for blockchain infrastructure, improving connectivity to Ethereum and other chains while reducing costs. Learn more: [DIN Blog](https://consensys.io/blog/infura-decentralized-infrastructure-network-launches-as-eigenlayer-avs)

EigenLayer Launches on Sepolia Testnet

Thu 17th Apr 2025
EigenLayer has officially launched on Sepolia Testnet, providing developers with an enhanced testing environment. This deployment offers: - Faster testing cycles and development loops - Real-world testing ground for AVSs & integrations - Improved stability compared to Holesky Testnet The move to Sepolia comes after monitoring Holesky's instability issues. Developers can now access: - [Complete deployment documentation](https://github.com/Layr-Labs/eigenlayer-contracts?tab=readme-ov-file#current-testnet-sepolia-deployment) - [Detailed testing strategy overview](https://www.blog.eigenlayer.xyz/the-future-of-eigenlayer-testing-new-and-improved-testnets-tooling-coming-soon/) Start building on Sepolia today to accelerate your development process.

EigenLayer Community Bootcamp Launch

Mon 14th Apr 2025
EigenLayer's community-driven initiative @0xcoordinated is launching a bootcamp to onboard new native builders. This grassroots approach emphasizes community-led development and education in the EigenLayer ecosystem. - Community-first approach to developer education - Focus on native EigenLayer builders - Immediate onboarding opportunities available The timing aligns with growing ecosystem momentum and follows successful community education models like @_buildspace.

Teen Prodigy Leads EigenLayer Fellowship Program

Mon 14th Apr 2025
A remarkable young developer named @gajesh, who started building DeFi protocols at age 13 and worked with Solana & LayerZero at 14, is now spearheading EigenLayer's Fellowship program at age 15. The initiative follows the successful launch of EigenAlpha, which began with 18 Genesis cohort members. The program offers: - Direct access to EigenLayer leadership - Community leadership opportunities - AVS ecosystem reputation building - Exclusive events and merchandise The Fellowship aims to foster the next generation of Web3 builders and expand the EigenLayer ecosystem globally. Apply here: [EigenAlpha Application](http://eigenlayer.typeform.com/eigenalpha)

EigenLayer Restaking Expands to Major Exchanges

Thu 27th Mar 2025
EigenLayer's restaking functionality continues its expansion across major cryptocurrency platforms. **Binance** now offers direct WBETH restaking, allowing users to earn rewards without leaving the exchange platform. This follows Crypto.com's integration of EigenLayer native restaking in their app earlier this year, which includes: - Earning Eigen Points - Continued yield on staked ETH - Flexible unstaking options These integrations represent significant steps in making ETH restaking more accessible to mainstream users through familiar platforms. *For more details on Crypto.com's implementation, visit their [product news page](https://crypto.com/product-news/eigenlayer-restaking-app)*

Eigen Games Hackathon Kicks Off with 80+ Builders

Thu 20th Feb 2025
Over 80 participants have gathered for the Eigen Games hackathon, focusing on web3 and AI innovation. The event follows a pre-game Go Kart event in Denver on Feb 25th at The Vault. Key sponsors include: - Autonome - Alt Layer - Gaia Network - Hyperbolic Labs - Uniswap Foundation - Celo - RiscZero The multi-day building competition brings together developers to explore the intersection of blockchain and artificial intelligence technologies. Participants are currently locked in and actively building their projects.

GoKiteAI Joins The Eigen Games

Thu 6th Feb 2025
**New Competitor Alert**: @GoKiteAI has officially joined The Eigen Games as the latest participant. This follows the recent addition of @Gaianet_AI in January, showing continued growth in participation. The competition continues to attract new challengers, expanding the ecosystem of competitors in The Eigen Games. - Latest entrant: @GoKiteAI - Previous addition: @Gaianet_AI (January 2025) *Stay tuned for more updates as the games progress.*
Community article

EigenLayer Sidecar v2.0.0 Release: Critical Upgrade Required

Mon 20th Jan 2025
EigenLayer has released Sidecar v2.0.0 to support the upcoming Rewards v2 protocol upgrade. Key points: - EigenSidecar is an open-source indexer for accessing protocol rewards - **Mandatory upgrade required before January 21, 2025** - All Sidecar versions below 2.0.0 will halt without upgrade The update supports new features in Rewards v2: - Operator-directed rewards based on performance - Customizable operator fees per AVS - Gas-efficient batch rewards claiming *Action required*: Upgrade Sidecar before January 21 to maintain functionality.

EigenLayer Distributes 14.1M EIGEN Tokens to 142,793 Restakers in October

Mon 4th Nov 2024
EigenLayer's Programmatic Incentives v1 completed its October 2024 distribution cycle, marking a significant milestone in their staking rewards program. The protocol made **14,161,625.65 EIGEN tokens** available for claims to **142,793 qualified restakers**. The rewards program, which launched on August 15, 2024, incentivizes active participation in supporting AVSs through weekly distributions. Restakers and operators who meet qualification criteria receive EIGEN tokens as rewards for their contributions. - Program runs on weekly distribution cycles - Rewards both stakers and operators - Supports Active Validator Sets (AVS)
dudes