Quick Take
EtherFi and Renzo introduce restaked EIGEN.
Applications open for OP retro funding 6.
Automata joins the Superchain.
PoolTogether goes live on Gnosis Chain
EtherFi And Renzo Restaked EIGEN
EtherFi and Renzo have introduced restaked EIGEN, a liquid version of staked EIGEN that offers access to additional rewards. Users will continue earning staking rewards and programmatic incentives from EigenLayer, as well as extra rewards from the LRT provider. The LRT also streamlines the reward claim process. EtherFi is distributing eEIGEN staking rewards through a new token called LRT², a standardized vault token that consolidates rewards from multiple AVSs into a single token, simplifying claims. Renzo’s ezEIGEN LRT auto-compounds and restakes rewards to maximize efficiency and reduce gas fees. Currently, over 95 million EIGEN are staked on EigenLayer.
Automata Launching On OP Stack
Automata Network, a machine attestation layer, announced its plan to deploy as an OP Stack chain with EigenDA for data availability. As part of the Superchain, Automata introduces a comprehensive framework for Trusted Execution Environments (TEEs). Automata’s ATA token will serve as the default gas token on its chain. Automata launched its TEE Prover on Scroll and Linea, with its Multi-Prover AVS already live on EigenLayer Mainnet. To incentivize onchain attestations, Automata is introducing a Gasdrop initiative that offers free gas to verified machines. The project aims to standardize the TEE stack and simplify interactions with onchain machine attestations.
Applications Open For Retro Funding 6
Optimism opened applications for the sixth round of retroactive funding, which will allocate up to 3.5 million OP tokens to projects that have contributed to Superchain Governance. Eligible contributions include governance infrastructure and tooling, governance analytics and performance reports, as well as leadership roles within councils, commissions, and boards. Contributions need to have demonstrated impact between October 2023 and September 2024. Projects unrelated to Optimism governance and individual delegate participation are not eligible for this round. Badgeholders will vote in October, with grants set to be distributed in November. Applications close on October 14th.
PoolTogether Supports Gnosis Chain
Prize savings protocol PoolTogether is now live on Gnosis Chain. Users can deposit WXDAI and POOL tokens into a savings account for a chance to win a share of daily WXDAI prizes. The protocol generates yield on deposits and raffles the interest earned to depositors with winning chances proportional to their average deposit size. Gnosis Chain, previously known as xDAI, is an EVM-compatible chain that uses DAI as its native gas token.
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