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EigenLayer to upgrade restaking rewards

The upgrades are designed to bring greater flexibility to EigenLayer's restaking ecosystem.

EigenLayer, Ethereum’s largest restaking protocol, is upgrading its rewards program to grant more flexibility to protocols and restakers, according to a Dec. 6 blog post. 

The changes let third-party protocols using EigenLayer — dubbed actively validated services (AVSs) — distribute rewards to validators based on performance. They also let validators, or “operators,” set fee rates independently, EigenLayer said.

The upgrades are “designed to bring greater flexibility, efficiency, and customization to rewards within the EigenLayer ecosystem,” the restaking protocol said in a Dec. 6 post on the X platform.

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Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day

EigenLayer bolsters restaking with Bitcoin yield, P2P.org payouts

EigenLayer kicked off programmatic EIGEN token incentives for restakers in October. 

EigenLayer, Ethereum’s largest restaking platform, is adding more restaking options, including wrapped Bitcoin (BTC) yield and payouts from node operator P2P.org, according to separate announcements on Nov. 4.

ARPA Network, a protocol built on EigenLayer, will start paying rewards to depositors of uniBTC, a restaked BTC wrapper, the protocol said in a blog post.

“By adding uniBTC as a supported asset, ARPA opens up new liquidity pathways and reward opportunities for BTC holders,” ARPA said.

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Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day

Crypto Project Defies Bitcoin Slump, Surges 125% This Week Amid New App Launch

Crypto Project Defies Bitcoin Slump, Surges 125% This Week Amid New App Launch

The token ARPA Network (ARPA) is seeing massive gains this week as the crypto community awaits the launch of its first application. The decentralized secure computation network recently announced that it will introduce a random number generator (RNG) called Randcast. A random number generator is a mathematical construct designed to generate a random set of […]

The post Crypto Project Defies Bitcoin Slump, Surges 125% This Week Amid New App Launch appeared first on The Daily Hodl.

Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day