EigenLayer rolls out 'major update' to restaking contracts
The upgrade aims to enhance rewards for restakers.
Eigen Labs, the developer behind EigenLayer, deployed a “major update” to the restaking protocol aimed at “making native [Ether] restaking on EigenLayer easier and more rewarding,” according to a Sept. 4 blog post.
The upgrade is designed to improve the performance of so-called EigenPods — EigenLayer’s restaking smart contracts for Ether (ETH) staked on Ethereum’s Beacon Chain — by granting users greater flexibility in harvesting or reinvesting staking rewards.
“EigenPod users can now complete a checkpoint to restake their beacon chain ETH rewards on top of their existing EigenPod balance,” Eigen Labs said. “Beacon chain rewards are automatically restaked back into EigenLayer, enabling restakers to earn additional rewards.”
The upgrade aims to enhance rewards for restakers.
Eigen Labs, the developer behind EigenLayer, deployed a “major update” to the restaking protocol aimed at “making native [Ether] restaking on EigenLayer easier and more rewarding,” according to a Sept. 4 blog post.The upgrade is designed to improve the performance of so-called EigenPods — EigenLayer’s restaking smart contracts for Ether (ETH) staked on Ethereum’s Beacon Chain — by granting users greater flexibility in harvesting or reinvesting staking rewards. “EigenPod users can now complete a checkpoint to restake their beacon chain ETH rewards on top of their existing EigenPod balance,” Eigen Labs said. “Beacon chain rewards are automatically restaked back into EigenLayer, enabling restakers to earn additional rewards.”Read more