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Eigen Labs has announced its first EigenLayer Improvement Proposal (ELIP-001), titled Rewards v2, aimed at enhancing the flexibility, efficiency, and customization of rewards within the EigenLayer ecosystem. This forthcoming protocol upgrade is designed to allow actively validated services (AVSs) to distribute rewards based on validator performance. Additionally, the Eigen Foundation is establishing a Protocol Council composed of five members, including Sigma Prime, Unit410, and Gonçalo Sa, to oversee governance and security, as well as review future Improvement Proposals (ELIPs). The updates are expected to significantly boost the restaking rewards system, making it more adaptable for both validators and protocols.
EIGENLAYER BOOSTS RESTAKING REWARDS—GET READY FOR FLEXIBILITY EigenLayer’s about to make restaking way more interesting. The new rewards upgrades drop more flexibility than a gym rat doing leg day. AVSs can now reward validators based on their performance, and validators can… https://t.co/S1mL523Oub
EIGENLAYER UPGRADES RESTAKING REWARDS PROGRAM TO BOOST FLEXIBILITY EigenLayer is enhancing its restaking rewards system to improve flexibility and customization for validators and protocols. The new structure allows actively validated services (AVSs) to distribute rewards based… https://t.co/3MuRrrB2lb
[EIGENLAYER] EigenLayer upgrades restaking rewards for enhanced ecosystem flexibility $EIGEN
