The Role of Operators, Slashing, and Liquid Restaking with EigenExplorer
Welcome to the 1st episode of EigenLayer Unlocked. This episode is meant to be a primer into how restaking fundamentally works, the key players in the restaking system, and why EigenLayer is leading this category today. At its core, restaking allows users to earn additional rewards by taking on slashing risks, offering a way to maximize risk-adjusted returns. EigenExplorer introduces a novel concept through operator quorums (now referred to as operator sets), which bring more granularity and customization to how services, operators, and stakers interact. These operator sets create tiers of services, allowing for more tailored, efficient staking choices that can yield vastly different outcomes depending on the strategy employed. One of the standout points in today’s discussion is the direct liquid restaking system EigenExplorer is building, designed to simplify decision-making for stakers by enabling them to delegate assets to specific services. This streamlines the process, making it easier for stakers to manage risk and rewards without diving into complex configurations. Additionally, strategy managers play a crucial role in helping stakers navigate this space, acting as market makers who optimize yield and manage risks across different services. As the market matures, data transparency and better tools for managing operator quorums will be key to improving market efficiency and ensuring everyone benefits from these innovations. As the first episode in the series, we wanted to prioritize an understanding of restaking and its core parts. Throughout the next several weeks, we will dive into the deep technical weeds of AVSs and rollups using EigenDA. Onwards and upwards. The Rollup 𝗘𝗶𝗴𝗲𝗻𝗟𝗮𝘆𝗲𝗿 𝗨𝗻𝗹𝗼𝗰𝗸𝗲𝗱 𝗶𝘀 𝗽𝗿𝗲𝘀𝗲𝗻𝘁𝗲𝗱 𝗯𝘆 𝗔𝗹𝘁𝗟𝗮𝘆𝗲𝗿 𝗮𝗻𝗱 𝗣𝗼𝗹𝘆𝗺𝗲𝗿 𝗔𝗹𝘁𝗟𝗮𝘆𝗲𝗿 is an open and decentralized protocol that accelerates the launch of native and and restaked rollups as well as AVSs. Follow AltLayer's Twitter: https://twitter.com/alt_layer and Join the Discord: https://discord.gg/altlayer 𝗣𝗼𝗹𝘆𝗺𝗲𝗿 is the first real-time interoperability solution that combines message passing and state streaming into an infinitely scalable network layer for the upcoming appchain meta. It can scale alongside L2 block times and leverage the security guarantees of connected rollups while offering re-org protection. Check it out here: https://www.polymerlabs.org/ 00:00 Introduction 01:30 Overview of Restaking Protocols 04:20 Flow of Rewards and Operator Quorums 08:10 Scalability & Decentralization in Restaking 13:45 Importance of Incentives 18:25 Design of Operator Quorums 22:45 Staking Rewards and Asset APYs 28:30 Automation Of Restaking 33:45 Revenue Competition and Strategy Managers 37:55 Roles of Different Participants in Restaking EigenExplorer Website: https://www.eigenexplorer.com/ EigenExplorer Socials: https://x.com/eigenexplorer Liam Zhang Socials: https://x.com/velvety_cc 𝗪𝗲 𝘁𝗿𝘆 𝗼𝘂𝗿 𝗯𝗲𝘀𝘁 𝘁𝗼 𝗽𝗿𝗼𝗱𝘂𝗰𝗲 𝗵𝗶𝗴𝗵-𝗾𝘂𝗮𝗹𝗶𝘁𝘆, 𝗻𝗼𝗻-𝗯𝗶𝗮𝘀𝗲𝗱, 𝗲𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗰𝗼𝗻𝘁𝗲𝗻𝘁 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗰𝗿𝘆𝗽𝘁𝗼 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺. 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝘂𝘀 𝘄𝗵𝗶𝗹𝗲 𝗹𝗲𝗮𝗿𝗻𝗶𝗻𝗴 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗰𝗼𝗻𝗰𝗲𝗽𝘁𝘀 𝗯𝘆 𝗰𝗹𝗶𝗰𝗸𝗶𝗻𝗴 𝗮𝗻𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗹𝗶𝗻𝗸𝘀 𝗯𝗲𝗹𝗼𝘄 𝗳𝗼𝗿 𝗳𝗿𝗲𝗲 𝗿𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀: Website: https://therollup.co/ Spotify: https://open.spotify.com/show/1P6ZeYd.. Podcast: https://therollup.co/category/podcast Follow us on X: https://www.x.com/therollupco Follow Rob on X: https://www.x.com/robbie_rollup Follow Andy on X: https://www.x.com/ayyyeandy Join our TG group: https://t.me/+8ARkR_YZixE5YjBh The Rollup Disclosures: https://therollup.co/the-rollup-discl . . . 𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥: 𝘐𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨 𝘪𝘯 𝘤𝘳𝘺𝘱𝘵𝘰𝘤𝘶𝘳𝘳𝘦𝘯𝘤𝘺 𝘢𝘯𝘥 𝘋𝘦𝘍𝘪 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮𝘴 𝘤𝘰𝘮𝘦𝘴 𝘸𝘪𝘵𝘩 𝘪𝘯𝘩𝘦𝘳𝘦𝘯𝘵 𝘳𝘪𝘴𝘬𝘴 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘵𝘦𝘤𝘩𝘯𝘪𝘤𝘢𝘭 𝘳𝘪𝘴𝘬, 𝘩𝘶𝘮𝘢𝘯 𝘦𝘳𝘳𝘰𝘳, 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮 𝘧𝘢𝘪𝘭𝘶𝘳𝘦 𝘢𝘯𝘥 𝘮𝘰𝘳𝘦. 𝘈𝘵 𝘤𝘦𝘳𝘵𝘢𝘪𝘯 𝘱𝘰𝘪𝘯𝘵𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩𝘰𝘶𝘵 𝘵𝘩𝘪𝘴 𝘤𝘩𝘢𝘯𝘯𝘦𝘭, 𝘸𝘦 𝘮𝘢𝘺 𝘦𝘢𝘳𝘯 𝘢 𝘤𝘰𝘮𝘮𝘪𝘴𝘴𝘪𝘰𝘯 𝘰𝘳 𝘧𝘦𝘦 𝘢𝘴 𝘢 𝘴𝘱𝘰𝘯𝘴𝘰𝘳𝘴𝘩𝘪𝘱, 𝘪𝘧 𝘵𝘩𝘪𝘴 𝘪𝘴 𝘵𝘩𝘦 𝘤𝘢𝘴𝘦 𝘸𝘦 𝘸𝘪𝘭𝘭 𝘢𝘭𝘸𝘢𝘺𝘴 𝘮𝘢𝘬𝘦 𝘴𝘶𝘳𝘦 𝘪𝘵 𝘪𝘴 𝘤𝘭𝘦𝘢𝘳. 𝘞𝘦 𝘢𝘳𝘦 𝘴𝘵𝘳𝘪𝘤𝘵𝘭𝘺 𝘢𝘯 𝘦𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮, 𝘯𝘰𝘵𝘩𝘪𝘯𝘨 𝘸𝘦 𝘰𝘧𝘧𝘦𝘳 𝘪𝘴 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘞𝘦 𝘢𝘳𝘦 𝘯𝘰𝘵 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭𝘴 𝘰𝘳 𝘭𝘪𝘤𝘦𝘯𝘴𝘦𝘥 𝘢𝘥𝘷𝘪𝘴𝘰𝘳𝘴. #EigenLayer #ModularBlockchains #Ethereum
Hyperactive Episode 5 - Red with Antimo FM
We walk-and-talk with freelance product designer, Antimo FM. Antimo shares his journey from growing up in Italy with a passion for comic books and illustration, his path to design, crypto, and Farcaster, and how he’s using Hypersub to build community and earn recurring revenue onchain.
Hyperactive Episode 4 - Narisofka's Gang with Sofia Komarenko
We walk-and-talk with artist, illustrator, and designer Sofia Komarenko. Sophia shares her journey from growing up in Siberia and Kaliningrad to becoming a professional artist. She discusses her influences from cartoons and games, her entry into the NFT space, and the challenges of the crypto winter. Sophia highlights the importance of physical representations of digital art and how she’s using Hypersub to earn recurring revenue, and build a community of supporters that help sustain her artistic practice.
Terminally Onchain with YB
We discuss the past, present, and future of YB's work, and how he's using Hypersub to earn recurring revenue onchain with Terminally Onchain.
The Yon Experience with Yon Frula
We discuss the past, present, and future of Yan's work, and how he's using Hypersub to earn recurring revenue onchain with The Yon Experience.
Believe in Something with Jihad Esmail
We discuss the past, present, and future of Jihad's work, and how he's using Hypersub to earn recurring revenue onchain for Believe in Something.
many such cases ep 12: building for high-quality content with @dwr
on this episode (recorded “like a year ago”), @dwr joins @ted and @nonlinear to discuss the number one priority for farcaster right now: the challenge in creating a sustainable supply of quality content. we cover user engagement metrics, the current state of channels and what they could become, and how the team is thinking about enabling high-quality content through new features. @dwr also shares some of his insights on the power of text-based content and cultures on social platforms like twitter and what the emergence of AI-generated content may mean for these platforms. 00:39 farcaster’s top priority 01:29 challenges and strategies for building communities 07:30 reducing the barrier to high-quality content 15:20 the dominance of text-based content 18:35 in-group culture, power of memes, and AI-generated content 25:25 the future of channels
#6: Financial Security and Mental Safety
#6: Financial Security and Mental Safety Prioritizing Individual Mental Models for Income Generation In this Entry, we are going to move on to the second layer of Maslow's Hierarchy. Now that we've covered the basics in Entries 1-5, let's continue on the path of self-actualization. The next layer of Maslow's hierarchy is security and safety needs. I generally associate this level with having a place to live and money to buy what I need (not want) in life. I need to be able to pay for food, debt, mortgage, and retirement savings. Having quit my job (see Entry #1), I know that I do not have the luxury of focusing solely on the base level of the Burnout Recovery pyramid, I also need to earn income. I want to earn income in a way that does not bring me back to a burnout phase like my last job. Additionally, I want to earn income while I am recovering from burnout. That is no small task. Welcome to the Recalibrating Podcast 🧭 ✨ Join me as I explore the depth of what the world has to offer. Learn to better life in every way possible, reflecting and recalibrating along the way to keep from getting too lost. Thanks for sharing the journey with me ✨ I hope that you enjoy this episode of Recalibrating, thanks for listening! Subscribe for free to receive new episodes and support my work. ABOUT ME My name is Callum, also known as wanderloots. I am an intellectual property lawyer, patent agent, blockchain specialist, photographer, animator, videographer, writer, and I studied engineering. I quit my job to pursue a life of creativity while teaching people along the way. The world is changing more rapidly than ever before. Learning how to deal with change and recalibrate is the best skill I can learn, and hopefully the best skill I can teach you ✨
Ep 196 - Dude With 3 Jets Lectures Us About Climate Change
In this episode, the hosts explore the chaotic world of meme coins and the broader crypto space, highlighting controversies and scams. Arman shares his frustrations about the state of the industry, while Stephen discusses the future of celebrity cryptos. The conversation shifts to political gaslighting, analyzing statements from the Biden administration and discussing Eric Weinstein's theories. They also delve into how opinions evolve, touching on topics like political narratives and personal development. Personal stories, including Stephen's charming pick-up move and a hilarious conspiracy theory about a 'fake Biden,' add a captivating touch to this thought-provoking episode.
Skin in the Game with Nick Tomaino
We're joined by Nick Tomaino - GP of 1Confirmation to talk about the evolution of crypto art and onchain culture. We chat through their investment in DEGEN and why Music NFTs haven't clicked.
The Origin of DEGEN with Jacek
We're joined by Jacek - the founder of DEGEN to unpack his journey launching the biggest token on Farcaster. We dive into the vision for Degen Chain, the new season of tip allowances, RainDrops and what its like to be a token founder in 2024.
Onchain Summer 2024 with Jesse Pollak
Onchain Summer 2024 is here. We’re joined by Jesse Pollak to chat about all things Base - from their strategy to bring the world onchain to the Smart Wallet and resetting the price of a free mint. 25 minutes of onchain energy!
Going Viral Onchain
This episode welcomes Cooper Turley, Founder of Coop Records. Cooper is a recurring guest on the pod, though this time, we focus all of our attention on how to go viral onchain. Consider this a round table discussion where him and I share our insights, lessons learned, and debate our perspectives on the current state of the onchain creator economy. I hope you enjoy our conversation.
How to get a million mints with Boost
We’re joined by Brian Flynn to chat about onchain boosts - the core driver of mints at Coop Records. We unpack onchain ads, airdrop farming, L3s and their ongoing Creator Fund.
Alex Masmej Talks $DEGEN: Fueling Drakula's Growth and the Onchain Creator Economy
Join us in this episode as we sit down with Alex Masmej, the brain behind Drakula and a key player in the farcaster ecosystem. From his early days of conceptualizing Showtime as the 'Instagram of NFTs' to pioneering Drakula, Alex's journey is nothing short of remarkable. Drakula, now making waves as the 'TikTok of Web3', has seen an explosive start with over $30M in transactions in just two weeks, introducing a new and engaging way for fans to support video creators. Alex returns to the podcast to share the lessons learned from pivoting Showtime to creating Drakula, highlighting the strategic moves, go-to-market strategy, and the decision to adopt $DEGEN as the native currency of the app. I hope you enjoy our conversation and our genesis episode on Pods!
Onchain record labels with Coop Records
The inaugural episode of the Coop Records Podcast featuring the core team - Cooper, Ramie, Jake and Cece. We cover the origins of Coop Records and everything you need to know about running an onchain record label in 2024.
Music on Farcaster with Sonata
We’re joined by Sebas and Sweetman to chat about the first FC music client - Sonata. We cover the history of onchain music, the role of decentralized channels, why open source matters and much more.
Ep 56 - jvmi
Ep 56 - jvmi We're joined by the creator of Swatches to chat about interactive art and his breakout collection on Base. We unpack the full backstory, his inspirations and advice for other onchain artists.