Coming Soon: AVS Rewards and EIGEN Programmatic Incentives
Read the full details in the blog post here:
--- Summary Below ---
• Actively Validated Services (AVSs) are gaining the ability to reward stakers and operators.
• At least 4% of EIGEN's total supply will be distributed to stakers and operators via upcoming programmatic incentives.
• These incentives will be distributed via "rewards-boosts" in which stakers and operators will receive EIGEN in proportion to the amount of rewards distributed to them by AVSs.
• Stakers and operators that support more AVSs will tend to receive more EIGEN programmatic emissions.
• This rewards-boost program is designed to kickstart the rewards flywheel and enable price discovery even if initial AVS rewards are low.
• Separate from the programmatic incentives program, the Season 2 stakedrop will reward current stakers and operators.
3/ More formally, an intent is a set of declarative constraints and preferences which allow a user to outsource transaction creation to a third party without relinquishing full control to the transacting party.
1/ Crypto & AI convergence is reshaping our digital future, with verifiability at its core.
Explore how blockchain's transparency meets AI's validation needs, creating new possibilities in DeFi, identity, and collaborative AI.
Many big terms to unpack here. Let's start! 🧵👇
2/ First, let's define verifiability in both contexts:
- In crypto: The ability to independently confirm transactions and state changes.
- In AI: The capacity to validate AI outputs and processes' accuracy, origin, and integrity.
3/ 🔐 In the crypto world, verifiability is achieved through:
- Public ledgers (everyone can see transactions)
- Cryptographic proofs (mathematical validation)
- Consensus mechanisms (agreement on the state of the network)
These ensure transparency and trust in a decentralized system.