EpsiLoan Protocol
  • 🌐EpsiLoan Protocol
    • Overview
    • Diversifying Collateral Options
    • The motivation behind EpsiLoan
    • Key benefits of EpsiLoan
    • Main use cases
  • ⚙️The power of Eigen Layer
    • Empowering Ethereum Security
    • Getting Started with EigenLayer Participation
    • Welcome to the World of LRTs
  • 🔑Protocol Concepts
    • Exploring the Spectrum of Stablecoins
    • Introducing EpsiLoan's yUSD
    • Collateral types
    • Vaults
      • Flexible Loan Duration with No Set Payback Period
      • Vault Collateral Ratio: Ensuring Stability and Flexibility
    • Fees
    • Minimum Collateral Ratio (MCR) and Recommended Collateral Ratio
    • Stability Pool and Liquidations
      • Deposit yUSD to the Stability Pool: Benefits and Incentives
      • Liquidations in the EpsiLoan Ecosystem: Ensuring System Stability
      • Vault Liquidators
      • Benefits for Stability Providers
      • What happens if liquidations occur while the stability pool is unfunded?
      • What is Overall Liquidation?
    • yUSD Price Stability and Rigid Redemptions
      • Rigid Redemptions in yUSD: Ensuring Stability with Fees
      • Is a redemption the same as paying back the debt?
      • Redemption Provider
      • Can I avoid being redeemed against?
    • Keepers and Liquidators
      • How Do I Benefit as a Liquidator?
      • How to Become a Liquidator?
  • epsilon dao tokenomics
    • Overview
    • ELN and xELN
    • Token Utilities
    • Fees and Rewards
    • Total Supply and Allocation
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  1. The power of Eigen Layer

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:

  1. 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.

  1. 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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Last updated 1 year ago

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