[Update: This article was written prior to Lava's Public Mainnet, which is now live. Please also refer to our staking support announcement here: https://chorus.one/articles/chorus-one-announces-staking-support-for-lava-network ]
Lava network is a protocol that serves as a gateway for applications to access trustworthy, secure, and swift RPC services. Unlike conventional methods that hinge on centralized or public RPC endpoints, Lava leverages a decentralized array of premier service providers.
At the cutting edge of blockchain accessibility, Lava provides a user-friendly and scalable solution to tackle the crucial requirement for an Access layer in the blockchain infrastructure. The network makes it very easy for blockchains and rollups to bootstrap a set of infrastructure providers, so users and developers can onboard smoothly.
Lava is an application-specific marketplace for decentralized blockchain Remote Procedure Calls (RPC) and APIs based on CosmosSDK. Lava is designed to enhance access scalability to various blockchains. This network has the ability to accommodate any RPC and API in a flexible manner,. Lava boasts of a lightning-fast network that is hyper-scalable, and permissionless with nearly 100% uptime.
A Remote Procedure Call, or RPC, is a lightweight software communication protocol, that allows for developers to run code that can be executed on servers remotely.
On Lava, blockchain and rollup developers can quickly bootstrap a network of infrastructure providers, without waiting for major providers to add support. The protocol's initial focus is directed towards RPC infrastructure, a service that aids developers to access over 30 diverse chains, from EVM to Cosmos.
In this section, we break down the different architectural elements of the Lava Network:
Specs - Specs, otherwise called Specifications, are the foundational blueprints for Lava's multichain support, outlined in JSON format. These specifications delineate the minimum requirements necessary for an API to function on Lava effectively. Through these specs, Lava identifies the supported chains and methods while also setting up the associated costs, prerequisites, and validations. Each time the ecosystem requires a fresh API, a new specification is seamlessly integrated. This flexible method seamlessly weaves modularity into the protocol, guaranteeing that Lava stays up-to-date and flexible.
Peer-to-Peer Lava SDK - The Lava SDK is a decentralized, peer-to-peer blockchain RPC for developers who are exploring the cross-chain functionality the ecosystem is offering. It offers a simplified setup for multi-chain RPC, where adding a new chain can be done with a few lines of code. The Lava-SDK is a JavaScript/TypeScript library that was built to provide decentralized access to all chains supported by the Lava ecosystem. It further provides necessary tools for server and online environments, simplifying the process of building decentralized applications and interacting with multiple blockchains.
Gateway - Lava Gateway is a user-friendly web platform for developers that provides instant access to blockchain data. The Gateway makes use of the Lava Server Kit to offer a hosted entry point for developers seeking RPC via the Lava Network. This setup enables users to handle and set up Web3 APIs using user-friendly controls right from their browser. While the Lava Server Kit and SDK offer enhanced control and permissionless features, the Lava Gateway grants similar entry to our base network along with extra conveniences like project management utilities and user accounts.
The LAVA token is central to the Lava Network, serving multiple functions within the ecosystem.
Token details for LAVA stakers:
• LAVA is used to reward infrastructure providers on Lava
• Providers can earn native tokens from chains/rollups supported by the network
• LAVA can be restaked to earn additional yield and lower security fees
• LAVA has a capped supply with deflationary mechanisms
For more details, please refer to the official tokenomics documentation
Lava Network is a modular network that focuses on giving blockchains and rollups a performant and reliable access layer. RPC is the first supported use-case, but other services related to data access will be added soon e.g. indexing.
To read more about Lava Network, we recommend the official documentation available in docs.lavanet.xyz.
Staking Lava with Chorus One is easy. Follow these three simple steps:
For any other questions or to stake LAVA with Chorus One, reach out to staking@chorus.one or through this form.
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.
The EigenLayer ecosystem has emerged as a crucial driver of innovation and expanding the capabilities of the Ethereum network. As a leading node operator, we have taken a strategic, Safety over Speed approach to identifying and onboarding some of the most exciting Actively Validated Services (AVSs) that are set to transform the industry.
Let's dive into the first batch of EigenLayer AVSs that Chorus One is registering:
1. EigenDA: Scaling Data Availability for Rollups [Onboarded]
At the heart of the scalability challenges faced by Ethereum lie the complexities of data availability. EigenDA aims to tackle this problem head-on by providing a secure and scalable data availability solution for optimistic and zero-knowledge (ZK) rollups. By leveraging the restaking primitive developed by EigenLabs, EigenDA empowers rollups to access lower transaction costs, higher throughput, and robust security across the EigenLayer ecosystem.
Why we onboarded EigenDA: As the first AVS to launch on the EigenLayer mainnet, and its impressive $1 billion in total value locked (TVL), we see immense potential in supporting EigenDA and positioning it as a preferred solution for leading Layer 2 ecosystems, including the OP Stack.
2. Brevis: Trustless Co-Processing for Data-Rich Applications [Onboarded]
Brevis belongs to a class of solutions that thrive within the EigenLayer ecosystem – co-processor networks. These specialized networks extend the functionality of a stack to handle computationally intensive tasks, such as verifying complex data points for decentralized applications (dApps).
Brevis tackles the challenge of "data-rich" use cases, where retrieving and validating on-chain data can be both time-consuming and costly. By leveraging a novel "propose-challenge" model, Brevis generates ZK proofs to ensure the accuracy of its results, empowering applications in DeFi, user-segment optimization, and beyond to operate in a truly trustless manner.
Why we onboarded Brevis: Our decision to onboard Brevis as its second AVS was driven by the project's open-source codebase and the alignment with the team's vision. As a modular and efficient solution, Brevis aligns perfectly with Chorus One's commitment to driving innovation and supporting the growth of the decentralized ecosystem.
3. Eoracle: Bringing Transparency and Security to Oracle Networks
One of the biggest hurdles in the crypto industry has been the "oracle problem" – the challenge of reliably and securely bringing real-world data onto blockchain networks. Eoracle aims to address this issue by creating an Ethereum-native oracle solution that leverages the decentralization, transparency, and security of the Ethereum network.
Why are we onboarding Eoracle: As the "Data Validator" AVS operated by Chorus One, Eoracle connects node operators to compute, validate, and publish off-chain data to dApps in a secure and trustless manner. By tapping into the Ethereum validator set through EigenLayer, Eoracle represents a crucial step towards building a more robust and reliable oracle infrastructure for the decentralized ecosystem.
4. Lagrange: Cryptographically secured proofs for the Multichain Future
Inspired by Ethereum’s Sync Committee, Lagrange’s State Committee seeks to provide a robust, scalable, and shared security solution for cross-chain interoperability. This works by enabling multiple protocols to derive security from a shared security zone made up of a single, dynamic set of Ethereum nodes. Operators can deploy the Lagrange State Committees in combination with restaking through EigenLayer, to address the challenges with current approaches to cross-chain interoperability.
Why we are onboarding Lagrange: As the first zero knowledge AVS on Eigenlayer, we are excited to work with an innovative solution like Lagrange. With 15+ committed professional operators and over $2 billion in pledged security by leading LRTs, we feel confident in supporting Lagrange in addressing the security question in cross-chain interoperability.
5. AltLayer: Bridging the Rollup Ecosystem
AltLayer offers two key services that are highly relevant to the Ethereum ecosystem. The first is their Rollup-as-a-Service (RaaS) solution, which enables the fast and customized deployment of rollups. The second, and more pertinent to Chorus One, is their "Restaked Rollups" – a vertically integrated suite of three AVSs that leverage EigenLayer's shared security to support decentralized rollups.
Why are we onboarding AltLayer: AltLayer's Restaked Rollup solution addresses key challenges facing decentralized rollups, such as the need for a decentralized sequencer (SQUAD), a robust verifier (VITAL), and fast finality (MACH). By onboarding this comprehensive suite of AVSs, starting with their MACH AVS in this iteration, we aim to provide critical infrastructure and support to the broader rollup ecosystem, accelerating the growth and adoption of scalable decentralized applications.
6. Witness Chain: Incentivizing Fraud Proofs for Optimistic Rollups
Optimistic rollups offer a promising path to Ethereum scalability, but their security properties have been limited by the lack of clear incentives for validators to diligently search for and submit fraud proofs. Witness Chain addresses this challenge with its Watchtower protocol – a programmable, trustless, and decentralized service that uses a novel "proof of diligence" mechanism to incentivize validators to support optimistic rollups.
Why are we onboarding Witness Chain: By onboarding Witness Chain as an AVS, we aim to continue our ongoing commitment to strengthening the security and decentralization of the L2 ecosystem, which is a crucial component of Ethereum's scalability roadmap. As optimistic rollups continue to gain traction, Witness Chain's services will play a vital role in ensuring the long-term viability and trust in these scaling solutions.
Stay tuned for Part 2 of this series, where we'll explore the additional exciting AVSs that Chorus One is onboarding to the EigenLayer network, further expanding the potential of the EigenLayer and Restaking ecosystem.
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.
EigenLayer recently upgraded to M2 Contract. This made it necessary for EigenPods created prior to this to be upgraded. So if your EigenPod was created prior to Stage 2, you will need to upgrade your EigenPod per the steps below. EigenPods that were created prior to M2 contract upgrades are required to have their balances reset to zero, then generate the proofs through the EigenLayer app in order to ensure proof accounting is accurate.
Note: This guide is useful for the native restaking users who want to delegate to Chorus One operator but don’t see any restaked tokens. This can happen when you restaked before the M2 upgrade. Following this guide you will start seeing your restaked tokens which can then subsequently be delegated to Chorus One
1. Go to https://app.eigenlayer.xyz/restake and connect your wallet
2. You will see a button to upgrade your EigenPod. Click Upgrade Eignepod
3. You will be shown a fee recipient warning, review the warning and click Continue
4. In case you have accrued any Consensus Rewards you might be asked to queue the withdrawal of the rewards before you can upgrade your EigenPod. Click Confirm.
5. Observe the Restaking Activated confirmation and explanation that Restaking will be available after the next beacon state update.
6. You can wait for the amount of time mentioned in the message. Come back later and hit the restake button to Restake your ETH
7. Once you restaked your ETH you can follow the steps in this delegation guide to delegate your restaked ETH to Chorus One operator
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.
OPUS Pool, powered by Stakewise, enables you to stake any amount of ETH with Chorus One, mint osETH, and directly deposit into EigenLayer in one flow. With the launch of Delegation on Eigenlayer you can now easily delegate your restaked position to Chorus One with a single click of a button.
Not only that, users may bring in liquid staking tokens (LST's) from any external platform, including osETH, wbETH, rETH, cbETH, stETH, oETH , ankrETH , swETH, ETHx, and directly restake with EigenLayer if they wish to do so.
Start using OPUS Pool to stake ETH. Visit https://opus.chorus.one/pool/stake/
OPUS Pool facilitates greater participation in securing the network but also allows a wider range of Chorus One stakers to earn rewards and gain access to a suite of benefits, including top-tier MEV yields, low fees, and the assurance of enterprise-grade security, among others.
Opus Pool brings in a host of benefits for users. Let’s take a brief look at what you stand to gain.
1. Stake any amount of ETH and mint osETH
OPUS Pool enables a user to stake any amount of ETH (no 32 ETH minimum requirements) and receive rewards instantly. Additionally, users have the ability to mint osETH, a liquid staking derivative, and use it in DeFi or deposit into EigenLayer to gain additional rewards directly on OPUS Pool in one go.
2. Low Fees
OPUS Pool sets itself apart from current liquid staking protocols by offering users the advantage of highly competitive staking fees. At just 5%, our fees are among the lowest in the industry, making it more accessible for a broader spectrum of users to stake their ETH and earn rewards.
3. Restake osETH, stETH, cbETH, rETH with EigenLayer in One Go.
OPUS Pool offers a unique feature: users can deposit not only osETH minted through OPUS Pool but also liquid staking derivatives like stETH, cbETH, and rETH minted on other platforms, directly into EigenLayer.
The OPUS SDK: In addition to the benefits mentioned above, our Institutional clients can leverage the OPUS SDK to integrate ETH staking directly into their UI, providing their customers with all the benefits of the OPUS Pool seamlessly. To know more, please reach out to staking@chorus.one.
Now, let’s move on to the guide.
1. To start staking, head over to https://opus.chorus.one/pool/stake/ and connect your wallet.
2. Select your desired wallet. Note that you can use WalletConnect if you want to connect through Ledger Live.
3. Once connected, make sure you are on the Stake tab. You can see all the tabs on the left-hand-side of the screen.
3. Enter the amount you would like to stake. You can see the estimated amount of daily/monthly/yearly rewards you will earn with this amount of stake.
4. Hit Confirm and Stake button and sign the transaction in your wallet
5. Congratulations, you have now successfully staked your ETH! As a next step you can go to the dashboard to look at the summary of your staking position or you could head over to the Mint osETH section under Staking tab to mint some liquid staking tokens for your staked position
1. In case you want a liquid token representation of your stake you can head over to the Mint osETH section under the Staking tab on the left of the screen. You will see the amount of ETH you have staked. You will also see the amount of osETH you have already minted (if any).
2. Enter the amount of ETH you would like to use to mint osETH.
3. Click on Mint button and approve the transaction in your wallet
4. Congratulations! You have successfully minted osETH for your staked ETH. You can now head over to the dashboard to view your staked position and osETH summary. You can alternatively restake your osETH to Eigenlayer.
5. In case you want to reverse the minting process, you can burn your osETH to get ETH back. Select the Burn osETH section under the Staking tab on the left menu, enter the amount you would like to burn and hit Burn
6. Once you click on Burn, you will be prompted to sign the transaction in your wallet. Upon signing, you will have successfully completed the burn process
1. To deposit your osETH, or any accepted staked ETH into EigenLayer including wbETH, rETH, cbETH, stETH, oETH , ankrETH , swETH, ETHx, click on ‘Restake’ in the menu bar and select the asset you wish to deposit.
2. Note: EigenLayer intermittently pauses staking when the limits for restaking have exhausted. They usually announce the lifting of the limits on their Twitter and discord. You might encounter the following screen when there is a pause by the Eigenlayer team.
3. In case deposits into Eigenlayer are live you may select the LST that you possess, enter the desired amount that you would like to restake and hit the Restake button
4. You will be prompted to approve the restaking transaction first and then finally sign the restaking transaction in your wallet.
5.Once you sign, you will have successfully restaked to Eigenlayer. In case you delegated to Chorus One operator earlier, your restaked assets will be automatically delegated. If not, you can go back to the dashboard to delegate your assets to Chorus One or view the summary of your staked position.
1. Eigenlayer recently launched their delegation manager contract and enabled staker delegations. This will allow anyone with restaked ETH or restaked LSTs to delegate their restaked position to an operator of their choice. To delegate your stake to Chorus One, head over to the dashboard by clicking on the Dashboard button on the left navigation bar.
2. In case you have not already delegated to another operator, you can click on the Delegate to Chorus One button.
3. You will be prompted to sign a transaction in your wallet. Once you sign, you will see the following screen. Congratulations your restake position is now successfully delegated
4. Alternative, you can go directly to Eigenlayer App - https://app.eigenlayer.xyz/operator and search for Chorus One operator
5. Click on the Chorus One card that shows up
6. If you have not previously delegated to any operator, you will see a Delegate button on the right of the screen. You will also see a message “You currently have a restaked balance that is not delegated”. Click on the delegate button and sign the transaction in the wallet.
7. Congratulations you have successfully delegated your stake
Switching node operators means moving your restaked funds from supporting the original node operator supported AVSs to Chorus One supported AVSs.
Note: Switching operator requires you to sign 3 transactions. The first transaction queues the withdrawal of your restaked assets. This is a prerequisite of the Undelegation function. The second transaction undelegates your restaked position. The final transaction delegates to Chorus One. You will need to restake your assets again after you switch the operator. You may not be able to restake your assets until Eigenlayer reopens the deposit cap.
2. Click on Switch Operator and sign the transaction in the wallet
3. You will see another transaction pop up to undelegate from the operator. Sign the undelegation transaction
4. Finally you will see your wallet prompt you to sign the delegation transaction which delegates to Chorus One. This is the final transaction in this process
5. Once the transaction is confirmed you will have successfully delegated to Chorus One. Make sure to go back to the restaking tab and start restaking your assets
*Note: For the time being, please use https://app.eigenlayer.xyz/ to unstake osETH from EigenLayer.
1. To unstake from OPUS Pool, go to the Unstake Section under the ‘Staking’ tab in the menu on the left navigation bar.
2. Enter the amount of ETH you would like to unstake and hit the Unstake button
Note: If you minted osETH at any point any time against your staked position, you might have to burn that amount to unstake all your ETH
3. You will be prompted to sign the unstake transaction in your wallet. You have successfully unstaked your position. Once you unstake your ETH enters the withdrawal queue. You will see a progress bar right below the success message that lets you know the status of your withdrawable stake. Once it becomes ready for withdrawal you will see a button to claim the stake back into your wallet.
4. You can come back to the Unstake tab at a later point and check the status of your withdrawal.
2. Select the LST you want to unstake and enter the amount
3. Hit the Unstake button and sign the transaction in the wallet
4. You have successfully unstaked.
2. You will be prompted to connect your wallet. Click on the button and select your preferred wallet
3. You will be shown a screen with terms and conditions. You will need to sign the terms and conditions using your wallet
4.
5. After you sign you will be shown your connected wallet. Click on NEXT to view your Claim Eligibility
6. You will be shown the number of tokens you got.
7. Click on CLAIM NOW button to initiate the claim transaction. Go ahead and sign it in your wallet
8. Once you sign the transaction you will see the success screen as shown below
9. Your EIGEN token will start reflecting in your wallet. You can see the token contract here - https://etherscan.io/token/0xec53bf9167f50cdeb3ae105f56099aaab9061f83
10. Congratulations, you have claimed your EIGEN drop. In the next few steps, we will take you through how to restake these tokens and delegate to your favorite operator to boost your gains
11. Now you have two options. You can either use the EigenLayer guide and their instructional video OR, you can simply connect with OPUS Pool here - https://opus.chorus.one/pool/restake/ and go to the Restake page under the Eigenlayer tab.
12. You will see your EIGEN token allocation. Select the token and enter the amount you want to restake
13. Once you click on Restake you will be asked to Approve first before staking
14. Once you approve, you will be prompted to sign the actual restaking transaction
15. Congratulations you have restaked your EIGEN tokens. If you already delegated to Chorus One earlier you will see the following
If not, you can scroll up and see how to delegate to Chorus One operator
16. You can go back to the Opus dashboard to look at your assets
If you are not eligible for the airdrop you might see the following screen. Stay tuned to Chorus One twitter to get the latest updates.
Resources
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.
