Getting Started with EigenLayer Participation
Excited to join the EigenLayer ecosystem? Here's how you can participate and become a part of this innovative movement:
LST Restaking: If you're looking for a hassle-free way to contribute to EigenLayer, LST Restaking is the perfect option for you. Here's how it works:
Deposit your liquid staking tokens (LST), which represent a claim on ETH already staked through protocols such as Lido, Rocketpool, or Coinbase, into the EigenLayer smart contracts.
By staking your LST tokens, you become an integral part of EigenLayer's ecosystem, contributing to the security and stability of the network.
Importantly, users opting for LST restaking do not face the risk of slashing, providing a secure and risk-free method of participation.
Validator Native Restaking: Validators operating Ethereum nodes have the opportunity to directly restake their staked ETH natively within the EigenLayer ecosystem. Here's how to get involved:
Validators can point their withdrawal credentials to the EigenLayer contracts, enabling them to restake their ETH holdings within the EigenLayer protocol.
By staking their ETH natively, validators play a crucial role in securing the network and validating various EigenLayer modules.
Validators must adhere to objectively verifiable slashing rules to maintain the integrity of the network. Failure to comply with these rules may result in the slashing of their ETH holdings.
However, validators also stand to earn additional yield from EigenLayer modules by successfully adhering to the predefined rules.
Whether you choose LST Restaking or Validator Native Restaking, EigenLayer offers a range of options for participants to contribute and earn rewards within its dynamic ecosystem.
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