Unpausing Restaking Deposits on April 16th!

We're excited to announce the culmination of our phased rollout with the removal of all Liquid Staking Token (LST) caps and unpausing deposits, effective April 16th, 2024, at 9:00 AM PST. This milestone marks the next chapter in EigenLayer's journey, fostering a wide-open and dynamic staking landscape.

A Phased Approach for a Robust Ecosystem

EigenLayer's development has been guided by a commitment to stability and growth. The successful launches of Stages 1, 2 and 3 laid the groundwork for a thriving ecosystem of restakers, operators, AVSs, and rollups. With this solid foundation in place, it's time to unleash the full potential of the EigenLayer network by removing the LST caps.

A Look Ahead: Protocol Award Discussions and Beyond

The EigenLayer community is actively discussing a potential implementation of any future protocol awards. This proposal suggests capping them at 33% for any single LST (or user), to ensure a balanced and decentralized ecosystem.  You can find a detailed breakdown of this proposal and its rationale in this previous blog post: [Balancing Neutrality and Decentralization Blog Post].


Head over to the EigenLayer app: https://app.eigenlayer.xyz/ to explore the uncapped LSTs or to natively restake through an EigenPod.

Start Restaking Now: EigenLayer App

Restaking Guide: Restaking Documentation

Delegation Guide: Delegation Guide

To maximize the impact of your stake and contribute to a growing EigenLayer network of AVSs, delegation is key. The EigenLayer app allows you to easily delegate your entire stake to an Operator that aligns with your preferences. Operator profiles provide clear information about the AVSs they run, empowering you to make informed choices for your stake. You can read operator introductions on the forum for more information on the available options. 

An Open Market for Innovation

We are committed to building a future where anyone can participate and contribute to a more scalable and innovative Ethereum. With the removal of LST caps, we're excited to see the EigenLayer ecosystem flourish and unlock its full potential. Stay tuned for further updates as we continue to build a secure and scalable future for decentralized applications!

Please find official EigenLayer resources below:

EigenLayer App (app.eigenlayer.xyz)

Documentation (docs.eigenlayer.xyz)

Discord (discord.com/invite/eigenlayer)

Immunefi Bug Bounties (immunefi.com/bounty/eigenlayer)

X: @eigenlayer