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Blog

Restaking Synopsis (week c/ May 6 - May 10)

Chorus One
Chorus One
May 11, 2024
5 min read
May 11, 2024
5 min read

Before getting started with this edition of the Restaking Synopsis, we’d like to take a moment to highlight our uniqueAVS Selection Framework, that we announced on Thursday, May 9th!

TL;DR:

Since EigenLayer launched, operators have been busy onboarding every AVS out there. But there’s only 1 problem with that - this may not be a wise long-term approach.

We've detailed why in an article (linked below), and to summarize, here's what sets our approach apart:

🛑 No "Onboard All" Promise: We prioritize AVSs with breakout potential, filtering out those with complexity and risk.

Rigorous Criteria: Our selection filters are based on strict engineering, security, and economic factors.

🎖Quality Over Quantity: Only AVSs that meet our criteria will be onboarded.

This reflects our customer-first principle and long-term vision for the EigenLayer ecosystem.

Feel free to check out the full article for more details on our AVS Selection Framework, why we're taking this unique approach, and why this approach is an important consideration for EigenLayer users.

Read the entire article here: https://chorus.one/articles/the-chorus-one-approach-to-avs-selection

🌟BONUS: Here's a meme-thread explanation of our AVS Selection: https://x.com/ChorusOne/status/1788928433461903496

Ecosystem Highlights
  1. Chorus One announces a unique AVS selection framework.
  2. New AVS Supported by Chorus One: Lagrange. Details here.
  3. EigenDA opens claims window for EIGEN on May 10 (Scroll down for details)
  4. Chorus One joins the select group of operators running Eoracle's latest release on Mainnet.
  5. Sreeram Kannan provides insights on intersubjective truth and use-cases of AVSs with intersubjective slashing.
Got LSTs? Restake them with EigenLayer using OPUS Pool!  

OPUS Pool enables you to seamlessly stake ETH, restake a variety of LST’s and delegate your restaked assets to Chorus One on a single platform.

✅ Stake, Restake, and Delegate using just a few, simple clicks

✅ Completely permissionless
✅ Easily view/download your entire historical staking rewards report

✅ View and track your restaked asssets

✅ All on a single platform

Visit OPUS Pool: https://opus.chorus.one/pool/stake/

Your guide to OPUS Pool: https://chorus.one/articles/your-guide-to-opus-pool-stake-mint-oseth-and-restake-with-eigenlayer

EigenDA: The EIGEN claims window is open. 🔥

As of May 10, you can claim your EIGEN, restake it (if you haven’t already) and choose to delegate to an EigenLayer Operator for future rewards!

The steps?

1. Claim EIGEN here: http://claims.eigenfoundation.org

2. Restake it (if you haven’t already): http://app.eigenlayer.xyz/restake/EIGEN

3. Delegate your restaked assets to Chorus One: https://app.eigenlayer.xyz/operator/0xf80b7ba7e778abf08a63426886ca40189c7ef48a

Note: You can currently only restake and delegate your EIGEN via the EigenLayer dashboard.

Final Word

If you’re interested in learning more about staking/restaking with Chorus One, simply reach out to us at staking@chorus.one and we’ll be happy to get back to you!

Additionally, if you’d like us to share further resources on any topic, please let us know!

Thanks for reading and see you next time!

About Chorus One

Chorus One is one of the biggest institutional staking providers globally, operating infrastructure for 50+ Proof-of-Stake networks, including Ethereum, Cosmos, Solana, Avalanche, and Near, amongst others. Since 2018, we have been at the forefront of the PoS industry and now offer easy enterprise-grade staking solutions, industry-leading research, and also invest in some of the most cutting-edge protocols through Chorus Ventures. We are a team of over 50 passionate individuals spread throughout the globe who believe in the transformative power of blockchain technology.