EigenLayer: AVS rewards and EIGEN programmatic incentives are coming soon

2024/07/27 00:13

Odaily News Ethereum re-staking protocol EigenLayer announced the upcoming launch of AVS (Active Verification Service) rewards and EIGEN programmatic incentives in an article on the X platform. -Active Verification Service (AVS) will gain the ability to reward stakers and operators. -At least 4% of the total supply of EIGEN will be allocated to stakers and operators through the upcoming programmatic incentives. -These incentives will be distributed through reward boosts, where stakers and operators will receive EIGEN in proportion to the number of rewards allocated to them by AVS. -Stakers and operators who support more AVS will tend to receive more EIGEN programmatic issuance. -This reward boost program is designed to start the reward flywheel and achieve price discovery, even if the initial AVS rewards are low. -In addition to the programmatic incentive program, the second season staking rewards will reward current stakers and operators.

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