EigenLayer, a cutting-edge security marketplace connecting restakers, operators, and builders, offers an array of advantages that can empower ETH holders. These advantages include enhanced scalability, heightened security, and the potential for increased rewards, all while actively contributing to the decentralization of the network. ETH holders can now earn restaking points, maximizing the benefits of Ethereum staking and network participation.
In collaboration with Figment, Fireblocks is bringing this innovative new staking method to its customers by enabling them to restake ETH natively through the Fireblocks console.
Key Features: Restaking through EigenLayer
- Restaking allows Ethereum stakers to earn additional rewards by delegating their ‘restaked ETH’ to operators who run infrastructure for Actively Validated Services (AVSs).
- EigenLayer makes restaking possible on Ethereum by intercepting stake before it is passed on to restakers’ withdrawal address.
- EigenLayer has the potential to be one of the most important developments for stakers since the launch of Beacon Chain.
- As an early tester, Figment will provide valuable feedback to improve EigenLayer and AVSs based on real-world experience operating AVSs, including through partnerships.
Figment’s role transcends mere participation; it envisions being a cornerstone in the EigenLayer’s architecture by providing robust support and insightful feedback. The relationship between Figment and EigenLayer is forged through a shared vision of an innovative, secure, and more rewarding staking environment.
Read the full guide to learn more about how to restake ETH through Fireblocks.
About Fireblocks
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves thousands of financial institutions, has secured the transfer of over $4 trillion in digital assets, and has a unique insurance policy that covers assets in storage and transit. Some of the biggest trading desks have switched to Fireblocks because it’s the only solution that CISOs and Ops Teams both love. For more information, please visit www.fireblocks.com.
About EigenLabs
EigenLabs is the research organization leading development of EigenDA and EigenLayer. Founded by Sreeram Kannan, EigenLabs is backed by Blockchain Capital, Polychain Capital, Ethereal Ventures, and more.
About Figment
Figment is the leading provider of staking infrastructure. Figment provides the complete staking solution for over 250 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets. On Ethereum, Figment is the largest non-custodial staking provider of staked ETH on Figment validators. Figment’s institutional staking service offers seamless point-and-click staking, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection. This all leads Figment’s mission to support the adoption, growth, and long-term success of the digital asset ecosystem. To learn more about Figment, please visit figment.io.
The information herein is being provided to you for general informational purposes only. It is not intended to be, nor should it be relied upon as, legal, business, tax or investment advice. Figment undertakes no obligation to update the information herein.
