1. Home
  2. arpa network
  3. EigenLayer to upgrade restaking rewards
EigenLayer to upgrade restaking rewards

EigenLayer to upgrade restaking rewards

0

Source: Coin Telegraph

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.

Read more

Go to Source
Author: Alex O’Donnell