Personal update: I've transitioned from Head of Ecosystem at Eigen Labs to Director of Ecosystem at Eigen Foundation. I'm looking to build a global team to launch AVSs and support top crypto teams. DM me your resume/links if interested! Roles we're hiring for👇

We are thrilled to announce the deployment of the Stage-1 EigenLayer protocol on Ethereum Mainnet! This marks a significant milestone in our mission to create a permissionless environment for innovation. blog.eigenlayer.xyz/eigenlay…

Announcing: EigenLayer ♾ EigenDA Mainnet Launch

️️⭐ Solo Stakers, celebrate your dedication with exclusive EigenLayer swag! 🎁 Our hats off to you, the foundations of decentralization. As you strengthen the network, we're outfitting your efforts. Authenticate your EigenPod with a signed transaction to grab your gear. solo-staker-merch.eigenlayer…

New Bell Curve with @sreeramkannan is LIVE. This was one of my favorite Bell Curves ever. We covered: - Restaking economies of scale - Topology of economic security designs - External vs endogenous restaking - Issuance debate - Preconfs Full episode below, enjoy!

Gm! We’re delighted to share that at @alt_layer , we are set to launch our ALT token on @binance on 25 January 2024. ALT token will be used for economic bond, governance, protocol incentivization and protocol fees across the @alt_layer ecosystem. blog.altlayer.io/altlayers-a… This is a huge milestone not only for us but also for all our community, investors and partners who have shown their tenacious support over the years. We could not have come this far without their help, support and love. At @alt_layer , we believe in a blockchain ecosystem featuring thousands of rollups - with modularity baked in. Our flagship offering - Restaked Rollups - combines the ease of spinning up rollups using stacks (@Optimism OP Stack, @arbitrum Orbit, @0xPolygonLabs CDK, @zksync ZK Stack) with the power of @eigencloud 's restaking mechanism to bootstrap network security and bring decentralization to Web 3. As some would say, “This is just the beginning”. We have tons more to deliver in our journey to unlock the immense potential that lies within Web3 with rollups. As we keep building, we believe you will be able to see our potential clearly through use cases across DeFi, SocialFi, gaming & more; in our strategic partnerships and through the elegant user-experience of deploying rollups at the drop of a hat. By leveraging restaked rollup framework, we will continue to strengthen the pillars of a highly interoperable modular world. Our partners @eigencloud , @arbitrum , @Optimism , @0xPolygonLabs , @zksync , @CelestiaOrg , @AvailProject , @EspressoSys , @RiscZero and more will be integral to this journey. As we move forward, we'd truly appreciate engagement with our key social media announcements in form of likes, reshares or commentary. 👉 nitter.app/binance/status/1747770… 👉 nitter.app/alt_layer/status/17476… 👉 nitter.app/alt_layer/status/17479… We stay humble and we build! The AltLayer Team

$1,000,000,000 Less than 48 hrs after raising the caps, EigenLayer TVL has crossed the $1B mark (and counting) at app.eigenlayer.xyz Thank you to all restakers, operators, and AVSs for joining the mission to hyperscale Ethereum Just one of many huge milestones to come 🫡

Big news! I’ve joined @eigencloud, and I am beyond excited to be part of this incredible team! I'm eager to dive in, learn, and contribute to the work being done in the world of restaking and shared security to hyper-scale Ethereum 💜💜💜

I've been auditing for 6 years, and have aged double that 🫠 Last week, I started a new job @eigencloud 😊 I've been looking to transition to a more permanent security role - just waiting for the right people! I'm very excited! DM me if you're looking for work!

After a tremendous amount of hard work by the whole ether.fi team, we are excited to announce that we are shipping our LST eETH! eETH is the first liquid restaking token on @eigencloud and the only LST where stakers get to control their keys🛅 🧵👇1/9

2024 is the year that will define the rest of my life. Honestly, I’m scared. But also hopeful that this community cares with a passion. Please donate towards my legal defense. wewantjusticedao.org/

Our goal at @eigencloud is to build the coordination engine for open innovation. ————— 1. There are interesting things in life only because there are positive sum games (win-win). 2. There are two prototypical win-win games: 2a) coordination: N people coming together to do something greater than the sum of the parts 2b) innovation: converting a nonresource into a resource 3. Crypto can be our coordination super highway like internet is our information super highway. 4. This is because rigid coordination requires entering into binding commitments that are automatically enforced, made possible via crypto. 5. Coordination can also unlock more innovation: for example, many players coming together to create something and share the outcome in a predefined manner enables innovators to specialize. 6. One concrete manifestation is what we call the separation of trust from innovation: trust comes from the coordination layer and innovators can simply build. This is our goal for @eigencloud: to build the coordination infrastructure so innovators can focus on their expertise. The vision and project extends well beyond restaking. Much more on this to come in 2024!

2023. RECAP

Today we are very excited to launch the Stage 2 testnet for EigenLayer and EigenDA, onboarding operators to EigenLayer and rollups to EigenDA. This testnet introduces new functionality for restakers, operators, and developers. Learn how to use it here: blog.eigenlayer.xyz/launch-o…

Fei v2 launches December 15 🚀

Unpausing Restaking Deposits on April 16th! Huge news! EigenLayer is removing ALL LST caps and unpausing deposits starting April 16th, 9:00 AM PST. blog.eigenlayer.xyz/unpausin…

🚀 Thread: Exciting Expansion at EigenLayer! 🌐 1️⃣ Major News: EigenLayer is adding 6 new LSTs and increasing restaking caps! Get ready for enhanced restaking opportunities in the EigenLayer ecosystem. blog.eigenlayer.xyz/adding-l…

Wow, the caps filled up faster than we expected! 🙌 Due to incredibly high demand, to give more people a chance to participate, we've decided to pause the caps at 45k. ⏸️ Thank you all for your enthusiasm and stay tuned for more updates!

Super high throughput, real-time onchain gaming is only possible on EigenDA. @alt_layer launches restaked rollups that take advantage of many EigenLayer AVSs. @XterioGames will be one of the first of these rollups on mainnet. Let’s play infinite sum games with Xterio! 🎮 🚀 ♾

when you’re depositing onto EigenLayer but you’re in Dubai

EigenLayer is about to hit $1B in TVL in just ~24h of the cap raise: app.eigenlayer.xyz Bookmark alert: In this super-packed post, I'll ELI5 how EigenLayer actually works (it's very simple!) and why it has 100x growth potential ⚡⚡⚡ and is here to stay for a long, long time. @eigencloud is essentially a 3-sided marketplace, that can help 5+ categories of new decentralized networks inherit 3 forms of trust from Ethereum, thereby accelerating Ethereum as a whole in 5 different levels. EigenLayer is a 3-sided marketplace with operators, stakers, and AVSs: 1. 👩🏻‍💻 🖥️ EigenLayer is building a marketplace to enable Ethereum operators (i.e., computers distributed worldwide) to run more cool new networks to earn more fees and get slashed if the operators misbehave. 2. 🧑💸 Restaking is when Ethereum stakers delegate their native ETH or LSTs to operators for increased security. EigenLayer allows networks to tap into shared security, making attacks much more costly. Previously, 100 networks with $10M security each had a $10M cost of attack, but now, with EigenLayer, 100 networks can tap into $1B security together, and it's now a $1B cost to attack anyone in the system. 👯👯 3. 👾🤖 These cool new networks run by Ethereum operators are called AVSs (actively validated services). AVSs on EigenLayer can focus on their core competencies and ship faster without the struggle of creating their own network. In turn, AVSs pay the stakers & operators fees for their contribution, completing the supply and demand cycle of the marketplace. This is why you earn real yields on EigenLayer. What cool new things can be built because of EigenLayer, you ask? These 5+ categories of AVSs can now be built/be built much quicker/be built much more robustly via EigenLayer: 1. Rollup services: data availability, decentralized sequencers, fast finality layer, watcher networks, bridges 2. Threshold cryptography: threshold FHE, MPC, TEE committees 3. Co-processors: decentralized & cost-effective AI inferencing via economic security, private database information retrieval, zk-coprocessors via prover markets 4. MEV management: partial block auction, event-driven activation, blockspace auction, threshold encryption to prevent sandwich attacks 5. General decentralized networks: oracles, keeper networks, decentralized data labeling (tokenized captcha), decentralized frontends * More here blog.eigenlayer.xyz/eigenlay… and more coming... ;) With EigenLayer, AVSs can now inherit Ethereum trust in 3 ways: 1. 💸 Economic Trust: trust from validators making commitments and backing their promises with financial stakes 2. 🌐 Decentralized Trust: trust from having a decentralized network operated by independent and geographically isolated operators 3. 💻 Ethereum inclusion Trust: trust that Ethereum validators will construct, order, and include your blocks as promised, alongside the consensus software they are running The result? EigenLayer accelerates Ethereum on 5 different levels: 1. 💰💍💸 Stakers: ETH utility acceleration - more sustainable yield earned from your ETH 2. 💻📱🖥 Operators: Ethereum network acceleration - increased profits for Ethereum operators means attracting more to become operators 3. 🔭🔮🔬 AVS: Ethereum roadmap acceleration - EigenLayer is a sandbox for quickly experimenting with decentralized features without updating the Ethereum consensus software 4. 🖋🖌🖍 EigenDA @eigen_da (a data availability AVS that EigenLabs is building): Ethereum hyperscaling acceleration - significantly cost-effectively increasing data availability throughput while inheriting Ethereum security & trust 5. 💥🔥🌈 ETH monetary premium acceleration with all new rollups and AVSs inside which ETH can be used The end game of EigenLayer is to greatly accelerate the rate of open innovation on Ethereum and create a more decentralized and robust world 🚀🌕 This is not a dream, as EigenLayer's ecosystem is actively growing, and we're actively hiring (if you've made it this far, might as well DM us and say hi :)) 💪💪eigenlayer.xyz/ecosystem?cat…

I recently became an advisor to the EigenFoundation. I feel the community deserves transparency so here is an extended disclosure :) 1) The advisorship comes with a significant EIGEN token incentive which could easily be worth more than the combined value of all my other assets (mostly ETH). We're talking millions of dollars of tokens vesting over 3 years. 2) I pledge to reinject all advisorship proceeds towards worthy projects within the Ethereum ecosystem, either as investments or donations. I also stand ready to end the advisorship at any time, e.g. should EigenLayer go in a direction I deem to be against Ethereum's interests. 3) I am picky with advisorships (having likely turned down over 100 so far) and I didn't accept the EigenFoundation advisorship lightly. Sreeram first talked about an advisorship in March 2023 and the whole process took discussions over one year. 4) The advisorship happened on the condition that my mandate be limited to researching restaking risks and that I not be included on marketing material. 5) Given my focus on restaking risks you can expect my default public stance to continue to lean critical of EigenLayer. I will try to make my criticism constructive, advocating for mitigations to risks like the erosion of solo validators and the intersubjective overloading of Ethereum consensus. 6) By being an advisor I hope to have a front-row seat to restaking issues and steer EigenLayer from within. As a researcher I feel I did too little too late with regard to liquid staking. This is an opportunity to not repeat the mistake with restaking. 7) Competing restaking platforms provide healthy diversity and I will gladly share insights and bounce ideas with competitors like Karak and Symbiotic. 8) Some people may ask if EigenLayer is trying to systematically "bribe" or "corrupt" the EF. Nowadays the EF is a large organisation with 300+ people. To my knowledge 3 EFers have a formal relationship with EigenLayer entities: one as an early EigenLabs investor, and two as recent EigenFoundation advisors. EFers are some of the highest integrity people I know and I don't see the 1% of EFers formally involved with EigenLayer compromising their morals. 9) Having interacted a bunch with Sreeram I believe he is in our space for all the goods reasons. He has a razor sharp mind and a genuine desire to build something meaningful—what he calls the "Open Verifiable Digital Commons". Sreeram's outstanding character was key to accepting the advisorship. 10) I want to highlight that I'm advising in an individual capacity. This is more than just a legal detail: I live my work life first and foremost as an Ethereum researcher, not as an EF researcher. I try to stay a free and independent thinker and serve the interests of Ethereum even if it sometimes means breaking the mould of expectations that comes with being an EF researcher. 11) I do acknowledge that accepting the EigenFoundation advisorship inevitably comes with downside risk beyond my personal reputation. I hope the above shows that it is at least a considered move with calculated risks. I shared the above disclosure with additional restaking thoughts at justin.orb.land/invocation/5

1/🧵 @eigencloud caps will be temporarily lifted again!🚀 Utilizing @BlockscapeLab, @ssv_network, and @stakewise_io, find out how you can increase your APY while retaining your ReStaking eligibility.✅ Full Article: blockscape-network.medium.co…📝 Vault: app.stakewise.io/vault/0xb46… 📈

We are excited to announce the release of the testnet for the first stage of the EigenLayer protocol, which supports liquid and native restaking. Please read the full details here: blog.eigenlayer.xyz/stage-1-… 1/8

Meet our next speaker Brianna (@zkBri ) who will join us at our side event at #EthCCParis 2023. 🔥🙌 Brianna is head of strategy at EigenLayer and will be joining the P2P.org team for our panel on The staking landscape: Insights, Innovation, and Institutional Adoption. We will host this event on the Seine River with incredible guests for our exclusive panel @eigencloud @LidoFinance @sygnumofficial & @ssv_network . Want to join in with the fun, drop a direct message to check ticket availability.

1/ We’re thrilled to announce the unlocking of the EIGEN token, a big step for the @eigencloud ecosystem. This opens up new possibilities for open innovation, shared security, and participation across the network. More ↓

Intro to EigenDA: Hyperscale DA for Rollups This post represents our 1st public, long-form content about EigenDA - what it is, how it works, what benefits it offers to rollups. There's too much to summarize fully, so please read at the link below! blog.eigenlayer.xyz/intro-to… 1/5

[1/n] We’re excited to announce our $100M launch cohort for Liquidity-as-a-Service (LaaS)! You can read the full details about LaaS here: blog.ondo.finance/ondo-and-f…

🔥 Are you a dedicated Ethereum Solo Staker? Is decentralization your passion? Want to contribute to Ethereum’s consensus and EigenLayer restaking? 📝 We’re excited to roll out the EigenLayer Solo Staker Working Group and Intake Questionnaire! We're eager to understand your perspective. Fill out the questionnaire on the bottom of this tweet to join the Solo Staker Working Group! 🤔 Wondering what the EigenLayer Solo Staker Working Group is? It's our latest initiative to work more closely with Solo Stakers. We aim to actively involve Solo Stakers in product testing, feedback collection, and driving future roadmap initiatives. Join us and gain exclusive access to suggest improvements to EigenLayer’s upcoming features. Work closely with the EigenLabs team to streamline solo restaking, making it more intuitive and readily available. Apply here👇👇👇 bit.ly/solostaker

The next major step in the evolution of EIGEN is coming soon! Transfer restrictions on the EIGEN token are expected to be removed on September 30th, 2024. Please note that if your EIGEN is currently staked, there is a 7-day withdrawal period for unstaking EIGEN. To learn more about EIGEN staking, take a look at our documentation: docs.eigenfoundation.org/faq…

In case you missed it, we're now accepting applications for early participation in the AVS and EigenDA ecosystems! Be a part of the movement on @eigencloud and start with enhanced security, functionality, and efficiency. Express your interest through the links here 👇

Another Laa$ launch, this time for @mstable_ 🚀 Liquidity as a Service (Laa$) is a quick and cheap way to get USD denominated liquidity for your project

🚀 Breaking news: All Chains Fit on EigenDA! ------------ @eigen_da mainnet is now processing 15+ MB/second (120Mbps), and we are posting ALL raw block data from 15+ chains simultaneously. ------------ L1s: Bitcoin, Ethereum, Solana, Celo, Celestia, Avalanche, BNB chain, Fantom. L2s: Polygon, Mantle, Base, Arbitrum, Optimism, XAI games, Blast, Scroll, ZKSync, Mode, Taiko. ------------ The *only* fully horizontally scalable system in crypto. ------------ All Ideas Fit on EigenDA. You can even inscribe your idea into EigenDA! ------------ What breakthrough are you going to build on @eigencloud? eigenda.wtf

Unpausing starts now! All Liquid Staking Token (LST) caps have been removed. LST restaking is now open. Explore the uncapped LSTs or restake ETH natively through an EigenPod on the EigenLayer app at app.eigenlayer.xyz/ nitter.app/eigenlayer/status/1778…

big fan of @zkbri and all she has done for @eigencloud and the ethereum ecosystem

Fei Bae Bae 🌲

2/ Team heading to Singapore: - @sreeramkannan - @rjdrost - @dabit3 - @vyas_krishnan - @_molinalab - @zkBri - @gajeshnaik - @0xtonkatsu 🏡 - @dora_tabaq - @1_freddie_ - @inlingshan - @lukehajduk - @0xMustafa_eth

Announcing our BiGgEsT hacker house yet: The Programmable Trust House @EFDevConnect! 🎯 11/9 - 11/19, 2023 🧑‍💻 42 hackers Engage & apply: bit.ly/devconnecthacker Crypto scales trust & trust can be programmed in a few interesting ways, this is a thought experiment 🧵⤵️

Tribe Turbo: the evolution of credit and lending in DeFi piped.video/6ogaMU89IFY

Introducing Fei v2 🎉 medium.com/fei-protocol/intr… This is a HUGE upgrade to the Fei mechanism! Highlights include 👇

3/ For anything not currently covered, StakeWise team would be willing to assist with implementation, to help Mantle preserve its vision for mntETH, incl the @eigencloud integration 🤝 Overall, it's a rare circumstance where the tech has such a fit with the product requirements.

We are HONORED to host a discussion on the opposing views of Restaking. Joining us will be @sreeramkannan from @eigencloud and @drakefjustin from @ethereum 6/2 at 8PM UTC! nitter.app/i/spaces/1LyGBqLjojEKN

I am bullish on @feiprotocol and their chad builders because they want to bring value to DAOs in Defi through collaboration and partnership, they don't just expect to be the best because they are the biggest

The $FEI/ETH and $TRIBE/ETH oracles from @chainlink are live👇 docs.chain.link/docs/ethereu… This enables more standardized and secure access to other protocols for integrations 🚀

Happy to announce that EigenLabs, the team behind the initial development of the EigenLayer protocol, has raised $50 million in a Series A round led by @bcap

The @eigencloud team has now veen onboarded onto the new @Delphi_Digital research portal 👁️ If you want beta access, RT this and DM me