Fireside chat: Restaking, AVSs, and building on EigenLayer
January 16, 2024
In this session, we’ll discuss restaking, Actively Validated Services (AVSs), and projects already building on EigenLayer to help restakers, operators, and developers better understand the protocol and how they can get involved.
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At a glance
EigenLayer is a new primitive that is changing the way we think about staking and building on Ethereum. The protocol launched restaking on Ethereum mainnet last year, and has already seen 135,000 ETH restaked. In November 2023 they launched the testnet for a series of exciting developments, including allowing operators to start validating data availability via their first Actively Validated Service or AVS (EigenDA), delegation for restaking, and integration for rollups on EigenDA.
In this fireside chat, Senior Protocol Specialist Ben Rodriguez speaks with Sreeram Kannan, CEO of EigenLabs (the team behind EigenLayer). Topics covered include:
What EigenLayer is, and how different players come together to form the ecosystem
Explanation of Actively Validated Services (AVSs)
How the first AVS on EigenLayer, EigenDA, works
How Restaked Rollups (a newly introduced AVS category) work
How EigenLayer helps L2s scale
Exciting projects building on EigenLayer
What's next for EigenLayer
Host
Ben Rodriguez, Senior Protocol Specialist, Coinbase Cloud
Guest speaker
Sreeram Kannan, Chief Executive Officer, EigenLabs
Disclaimer
This recording and the information contained herein is not a recommendation or endorsement of any digital asset, protocol, network, or project. However, Coinbase may have, or may in the future have, a significant financial interest in, and may receive compensation for services related to one or more of the digital assets, protocols, networks, entities, projects, and/or ventures discussed herein. The risk of loss in cryptocurrency, including staking, can be substantial and nothing herein is intended to be a guarantee against the possibility of loss. Reward rates listed herein are estimates, are not guaranteed and are set by the protocol and remain subject to change. Actual rate of rewards earned may vary significantly and may be zero. This recording and the content contained herein are based on information which is believed to be reliable and has been obtained from sources believed to be reliable, but Coinbase makes no representation or warranty, express, or implied, as to the fairness, accuracy, adequacy, reasonableness, or completeness of such information, and, without limiting the foregoing or anything else in this disclaimer, all information provided herein is subject to modification by the underlying protocol network. Any use of Coinbase’s services may be contingent on completion of Coinbase’s onboarding process and is Coinbase’s sole discretion, including entrance into applicable legal documentation and will be, at all times, subject to and governed by Coinbase’s policies, including without limitation, its terms of service and privacy policy, as may be amended from time to time.
