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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

Celestine Sloths, Alloyed Assets, And Hyperbitcoinization with Sunny Aggarwal

The evolution of the modular thesis doesn't go without saying Osmosis and the Cosmos ecosystem. Being the hub of liquidity for the modular ecosystem assets (TIA, DYM, OSMO), Osmosis plays an important role for the space. In today's interview with co-founder Sunny Aggarwal, we discuss the recent rise of Celestine Sloths and how features like the Skip API allows for seamless cross-chain transactions, enabling users to mint NFTs on Stargaze by swapping currencies through Osmosis in a single transaction. This is a mega leap forward in interchain fluidity and for all of those who minted Sloths, you understand. We then went onto discuss the Mad Scientists collection which has recently gained traction, (Sunny's PFP) and how the tech behind this collection works.We discussed Backbone Labs and the plan to distribute a significant portion of protocol revenues to holders, and whether or not this "real yield" is bullish. Shortly after, we discussed the proposal from Osmosis about alloyed assets. Osmosis has introduced the concept of alloyed assets, which aggregrate various tokens into a unified asset pool to manage liquidity more effectively. This approach not only mitigates risks associated with individual bridge failures but also streamlines asset management across chains, thus simplifying the user experience significantly. But, is it really the best solution? We asked Sunny about the risks associated, some edge cases, and really dug into some areas where we feel they may have fell short... Sunny stepped up to the plate and addressed our concerns as always. Finally, towards the end of the podcast we talked about the hyperbitcoinization of Cosmos with players like Babylon and others. Sunny is pretty excited about this and we talked in-depth about this new phenomenon of bringing BTC to Cosmos and other ecosystems. We really enjoyed this conversation and hope you will too! The Rollup

Bright Moments Venice: The Finale ft Seth Goldstein

Seth Goldstein is an entrepreneur, art collector, and mentor, who has led pioneering ventures for two decades. He founded Bright Moments in 2021, a digital art gallery fostering crypto art communities worldwide, pioneering live IRL minting experiences with digital artists. Co-founding companies like SiteSpecific and Majestic Research, he's made waves in internet advertising and data analysis. This Podcast episode is sponsored by Studio Asisi, the team behind Berlin-based artist Yadegar Asisi, who has been exhibiting the world's largest panoramas and creating immersive art for over 20 years. His inaugural digital collection, Canvas Legacies, pays homage to the Impressionist movement and nimbly blends analog and digital. Now minting on https://nft.asisi.de/ Subscribe to Kaloh's Newsletter 👉 https://www.kaloh.xyz/ Kaloh's Podcast 👉 https://www.kaloh.xyz/s/kalohs-podcast Connect with me: X 👉 https://www.x.com/kaloh_nft Instagram 👉 https://www.twitter.com/kaloh_art Farcaster 👉 https://warpcast.com/kaloh In today’s episode, we discuss: Venice's Unique Vibe (00:02:07) Seth describes Venice, Italy's unique lifestyle and atmosphere, focusing on its small streets and artistic history. Bright Moments' Finale in Venice (00:03:14) Seth explains the significance of Venice for the Bright Moments project's finale, including minting crypto citizens and the finale project. Showcasing at Venice Biennale (00:04:30) Seth discusses the international art fair and festival, Venice Biennale, and the deliberate timing of the Bright Moments finale to coincide with the event. Cultural Awareness and Evolution (00:07:10) Seth reflects on the journey of cultural awareness and sophistication of the Bright Moments project from London to Paris. Challenges of Nomad Life (00:09:37) Seth shares the complexities and emotions of living a nomadic lifestyle for three years and the toll it takes on relationships and work. Economic and Market Changes (00:12:00) Seth discusses the economic volatility and market changes experienced by Bright Moments, including shifts in cryptocurrency values and competition from other projects. Incorporating Shiny Objects (00:15:42) Seth addresses incorporating new trends like meme coins, Ordinals, and Farcaster into the Bright Moments finale event. Future Plans for Bright Moments (00:27:17) Seth hints at taking a breather after the finale and reflects on the team's hard work, expressing a desire for people to reflect on and appreciate the minted NFTs. Decentralization and community events (00:31:17) Discussion on decentralization, community-hosted events, and the shift of decision-making to the community. Meme coins and art market trends (00:35:11) Their impact, and the trends in the art market. Artist and collector challenges (00:42:05) The challenges faced by artists and collectors in the current art market, including the need for experimentation and adaptation. Ordinals and the Bitcoin ecosystem (00:45:29) Discussion on ordinals, its relationship with the Bitcoin ecosystem, and limitations compared to Ethereum-based art projects. Until next time, - Kaloh Mentioned: Piter Pasma, Monica Rizzoli, Phil, Spongenuity, Venice Biennale, Bright Moments, Crypto Citizens, Foundation, Ethereum, Solana, Bitcoin Ordinals, Base, Coinbase, Farcaster, MetaMask, Tezos, OpenSea, Tyler Hobbs, Zancan, Zach Lieberman, Casey Reas, Lauren Lee McCarthy, Martin Grasser, Camille Roux, Squiggles, Mitchell F Chan, Sofia Crespo.

artwork for POD OF JAKE
Audio
51:22

#169 - NICK TOMAINO

Nick is the Founder and General Partner at 1confirmation, a cryptocurrency focused investment firm. After raising its first $26M fund in 2017, 1confirmation now has over $1 billion in assets under management. The firm's early-stage investments include OpenSea, Farcaster, Worldcoin, Polkadot, Cosmos, Polymarket, dYdX, Degen, and others alike. Prior to starting 1confirmation, Nick was a Principal at Runa Capital and worked in business development in the early days at Coinbase. Follow Nick on X ⁠@NTmoney⁠ and on Warpcast ⁠@nick⁠. For more episodes, go to ⁠⁠podofjake.com⁠⁠. Previous guests include ⁠⁠Mark Cuban⁠⁠, ⁠⁠Vitalik Buterin⁠⁠, ⁠⁠Brian Armstrong⁠⁠, ⁠⁠Balaji Srinivasan⁠⁠, ⁠⁠Keith⁠⁠ ⁠⁠Rabois⁠⁠, ⁠⁠Ali Spagnola⁠⁠, ⁠⁠Anthony Pompliano⁠⁠, ⁠⁠Raoul Pal⁠⁠, ⁠⁠Julia Galef⁠⁠, ⁠⁠Jack Butcher⁠⁠, ⁠⁠Tim Draper⁠⁠, and over 100 others alike. Learn from founders and CEOs of companies like ⁠⁠OpenAI⁠⁠, ⁠⁠Coinbase⁠⁠, ⁠⁠Solana⁠⁠, ⁠⁠Polygon⁠⁠, ⁠⁠AngelList⁠⁠⁠, ⁠⁠Oura⁠⁠⁠, and ⁠⁠Replit⁠⁠, and investors from ⁠⁠Founders⁠⁠ ⁠⁠Fund⁠⁠, ⁠⁠a16z⁠⁠, ⁠⁠Union Square Ventures⁠⁠, and many more. I appreciate your support and hope you enjoy. Thanks to ⁠⁠⁠Chase Devens⁠⁠⁠ for the show notes and ⁠⁠⁠Yiction⁠⁠⁠ for the music. Lastly, I love hearing from fans of the pod. Feel free to email me any time at ⁠⁠jake@blogofjake.com⁠⁠. Thank you!

Modularity: Unbundling The Blockchain Stack

Robbie and Andy are CoFounders of The Rollup. In this episode, we discuss modularity and the unbundling of the blockchain stack. Robbie and Andy cover what is the significance of modularity in the world of blockchains and how it will unlock the ability for anyone to create a blockchain network and ultimately focus on other matters such as the next generation of DeFi and Web3 applications. ------ 🔗 Essential Show Links 🔗 ► Youtube: https://youtube.com/@defidad ► Apple: https://tinyurl.com/edgepod ► Spotify: https://tinyurl.com/edgepodspotify ► Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://twitter.com/DeFi_Dad ► Follow Nomatic: https://twitter.com/Nomaticcap ► Learn about DeFi and Web3: http://defidad.com/ ------ The Edge Podcast Sponsor Resources 🚀 FLAT MONEY | NEW FLATCOIN AND DELTA-NEUTRAL MARKETPLACE BACKED BY RETH https://flat.money/ 🌊 SWELL NETWORK | NATIVE LIQUID RESTAKING WITH RSWETH https://www.swellnetwork.io/ 💧 INSTADAPP | NEW LENDING AND BORROWING VAULTS WITH FLUID https://fluid.instadapp.io/ 🧑‍🌾 MANTLE | THE ETHEREUM L2 FOR TOP NATIVE YIELDS https://www.mantle.xyz/ 🟢 KELP DAO | THE FIRST LIQUID RESTAKING PLATFORM FOR LSTS https://kelpdao.xyz/restake ------ Timestamps 0:00 - Intro 4:02 - The Rollup 9:07 - What is modularity? 14:16 - Ethereum scaling with modularity 17:34 - Will L2s ever use alternative DA providers? 20:02 - What is DA (data availability)? 24:14 - Can Celestia accrue value? 32:06 - Major modular projects 32:50 - Avail 33:47 - Hyperlane 35:59 - Initia 37:06 - Dymension 37:51 - Movement 39:28 - Effect of Dencun upgrade on modular thesis 42:01 - Will there be a DA winner-take-all? 43:41 - Airdrop strategies in modular ecosystem 45:09 - Near term modular token launches 46:23 - Closing ------ 🔗 Guest Links 🔗 ► Rollup Website: https://therollup.co/ ► Rollup on Twitter: https://twitter.com/therollupco ► Andy on Twitter: https://twitter.com/ayyyeandy ► Robbie on Twitter: https://twitter.com/robbie_rollup ► Modular March content: https://therollup.co/category/modular-march/ ------ If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Create Like You Mean It: An Artist's Battle Against the Algorithm with OMGiDRAWEDit

Episode10: Gramajo (@0xGramajo) is joined by OMGiDRAWEDit (@omgidrawedit). Date Recorded: March 15, 2024 In this episode, we're featuring an intimate conversation with the enigmatic artist known as OMGiDRAWEDit. George, as he's known outside the digital canvas, gives us a peek into his world of maximalist art and humor-filled scenes that defy conventional style. OMGiDRAWEDit talks about his evolution from commission-based corporate work to forging his own path in the NFT space. We'll explore the therapeutic nature of creating art, the shift from digital to physical works, and his dedication to authenticity over chasing trends. We also dive into the nuances of the art market in the age of social media and digital currencies, discussing the impact of financial pressures and public scrutiny on artists' mental wellbeing. OMGiDRAWEDit reflects on the highs and lows of rapid success, the challenges of managing a webshop, and his upcoming projects meant to bridge the physical and digital worlds of art creation. From discussing the role of personality traits like ADHD in the artistic process to walking the streets for inspiration, OMGiDRAWEDit reveals how his unique art style is informed by everything from charity shop finds to the taste of too-real food. Grab your sketchbook, tune in, and let's go Behind The Screen with OMGiDRAWEDit. You might just discover that the finest art doesn't always hang in galleries—it's sometimes found in the most unexpected pixels of life. 00:00 Passion for art and photography, sketchbook storytelling. 09:52 Artist discusses transition to NFT space. 13:45 Focus on NFT work, established client relationships. 18:04 Enjoying small artistic endeavors and simple lifestyle. 23:44 Observing, drawing, and memory shape artistic style. 28:06 Social media algorithms shape our art creation. 36:55 Struggle with success, need for self-care. 38:45 Struggling with vulnerability and criticism in art. 46:10 Internet strangers easily turn against artists financially. 50:51 Concerned about financialization of crypto and art. 54:21 Continuing art, supporting collectors, and freedom. 59:16 Excited about connections and upcoming art display. 01:06:23 Closed webshop due to crypto success, reopening physical shop. 01:11:24 Struggling to finish bedroom nostalgia project; future plans. 01:15:44 Concerns about algorithms and reach on social media. 01:21:44 Even cheap pizza is still really good. 0773H Weekly Newsletter --> https://paragraph.xyz/@0xgramajo ----- Music by: Lakey Inspired If you would like to support the show, consider subscribing to my premium podcast. Want to ask me a question, want to hear about a specific topic, or interview a specific artist, send me a message.

Look Touch Own ft. Oona

Oona is an anonymous conceptual artist, who explores the intersections of technology, finance, gender, and identity through her moving images and performance art. She has exhibited globally, earning critical acclaim and attention from collectors and curators. She was awarded the prestigious Playboy & Sevens Foundation grant for the "Art of Gender & Sexuality." ✍️ Subscribe to Kaloh's Newsletter: https://www.kaloh.xyz/ 🎙Kaloh's YouTube: www.youtube.com/@kaloh_podcast Connect with me: Farcaster 👉 https://warpcast.com/kaloh X 👉 https://www.x.com/kaloh_nft Instagram 👉 https://www.twitter.com/kaloh_art In today’s episode, we discuss: Oona's message and evolution (00:00:49) Oona's evolution as an anonymous conceptual artist and the message behind her art. Entering the crypto art world (00:02:17) Oona's introduction to the world of crypto art and her goal to expand knowledge through her art. Challenges and opportunities in performance art (00:04:41) Oona's experiences and challenges in gatecrashing events and the significance of performance art in the crypto art world. Integration of blockchain technology with performance art (00:07:31) Oona's excitement about integrating blockchain technology with performance art and her first experience of minting NFTs. Collectors and the significance of Oona's art (00:09:12) The relationship between Oona's collectors and her performance art, including the impact of her art on the audience. Oona's grant from Playboy and the reaction of collectors (00:10:06) Oona's grant from Playboy, the reaction of her collectors, and the humorous situation with some of her first collectors. The concept and process of "Look Touch Own" (00:15:43) The concept and process of Oona's performance piece "Look Touch Own," including the message behind it and the audience's varied reactions. Cultural Reactions to Performance (00:19:20) Oona shares the diverse reactions to her performance in different cities, highlighting the cultural differences in response. Extreme Reactions in Paris (00:20:44) Oona describes the extreme range of reactions she experienced during her performance in Paris, including crying, nudity, and unexpected interactions. Data Tracking and Consent (00:23:53) Oona explains the process of obtaining consent and tracking interactions during her performance, emphasizing the use of non-disclosure agreements and data collection. Creating Digital Artwork from Interactions (00:25:51) Oona discusses the creation of unique digital artwork based on interactions and preserving participants' anonymity. Organic Sales Approach (00:30:15) Oona explains how the sales approach aligns with the collaborative nature of her performance, emphasizing the organic and performative aspects of the sales process. Dealing with Censorship and Algorithms (00:35:15) Oona discusses the challenges of showcasing her art, which explores gender and sexuality, on social media platforms due to censorship and algorithm biases. The Significance of Anonymity and the Mask (00:40:26) Oona explains why she chooses to remain anonymous and wear a mask, highlighting its role in broadening the conversation about the female body and identity. Until next time, - Kaloh Mentioned: Art Basel, Playboy, Look Touch Own, NFC, Valie Export, Violet Bond, Dolly Parton