EigenLayer mainnet notice: operator registration will be opened and EigenDA will be launched

As the price of Ethereum rises, EigenLayer has become TVL’s second-ranked on-chain protocol. The team announced yesterday that it is preparing to enter the mainnet online stage. They will open the registration process for AVS row node operators, officially launch EigenDA, and reopen the deposit function for pledgers.

EigenLayer background knowledge

EigenLayer Roadmap

The EigenLayer roadmap will be divided into three stages to attract different stakeholders to join the ecosystem:

• The goal of the first phase is to attract token holders to pledge. The team provides staking services and has not yet provided any rewards. It attracts mainly pledgers seeking potential airdrop opportunities.

• The second stage: Attract AVS node operators (operators). This stage attracts capable node operators to join the ecosystem (current stage) and launch EigenDA as the first AVS.

• The third stage: attract more active verification service providers (actively validated services, AVS), let EigenLayer officially serve these projects and provide security.

is currently in the second phase, and will soon open the registration of AVS node operators, and is preparing to officially launch EigenDA as the first AVS. This also marks that the functionality of the EigenLayer mainnet is almost complete.

What is an AVS node operator

The team’s goal in the second phase is to attract AVS node operators to join. Node operators are an important key to protecting the network security of AVS, just like Ethereum nodes are important to the security and decentralization of the Ethereum network.

Therefore, node operators have certain requirements for hardware and also need to meet other needs of AVS, so they are usually handled by existing professional node operators.

Pledgers can entrust their tokens to node operators, but when the latter is punished by the network due to operational problems or disconnection, the pledgers' funds will also be damaged.

EigenLayer Phase 2: Launch the main network

The general direction of the second phase is: first open the registration process of node operators, and after confirming that there is no problem, enable EigenDA and let the results Point operators serve as their nodes to verify mainnet functionality.

The second phase of EigenLayer will be carried out gradually in phases.

Final Testing on Testnet

Before deploying to the mainnet, the EigenLayer team first tests all changes on the testnet. Since Goerli is no longer actively maintained by the Ethereum client team, the final testnet version was moved to Holesky.

Web front-end and contract suspension function

EigenLayer web front-end and all contracts on the main network will be suspended to reduce the disruption for node operators to join the ecosystem for the first time.

Operators will gradually register

Operators will be able to gradually register on the EigenLayer main network. At the same time, performance testing and growth control are performed to ensure network stability.

EigenDA is online

EigenDA is the first AVS launched on top of EigenLayer. EigenDA supports Data Availability (DA) for Rollups, with a target write bandwidth of 10MB/s at launch.

Node operators will be able to choose to join EigenDA as nodes at this stage.

Mainnet launch completed

The EigenLayer frontend will be updated to include the new staker control panel and node operator list page.

After this stage is completed, the delegation function will be opened, and the deposit and withdrawal functions for pledgers will be reopened.

EigenLayer critical period

Before the second phase of EigenLayer is completed and the mainnet is launched, the currently pledged liquid pledged tokens (LST) include stETH and swETH, which have no function. Yes, the market is just for points and potential airdrop opportunities. It can be seen that the team’s marketing strategy is effective and the market is crazy.

However, when EigenLayer completes the second phase of its work, the pledged LST will truly begin to be effective, and it will truly begin to take risks in order to receive corresponding rewards, and even more AVS will be opened to join in the future, EigenLayer will truly gradually change into a healthy and sustainable product.

The second stage is the key to whether EigenLayer can really be implemented, and the team is looking forward to it.

It is expected that if the second phase proceeds smoothly as scheduled, EigenLayer is expected to officially launch the mainnet in the second half of this year and reach the third phase of development.

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