What Is EigenLayer? The ULTIMATE Guide To EigenLayer & Restaking

EigenLayer promises to be the shared security layer to hyperscale Ethereum. But what does that really mean? Here is the ultimate guide to understanding EigenLayer.
📚 Resources 📚
- Link to slides: gateway.pinata.cloud/ipfs/QmT...
- EIP-1559: eips.ethereum.org/EIPS/eip-1559
- Polygon 2.0 video: • What Is Polygon 2.0? T...
⌚Timestamps ⌚
0:00 Introduction
1:07 Proof of Stake Recap
7:10 Liquid Staking Tokens
11:15 Why Ethereum & Why Ethereum Alignment?
18:09 EigenLayer
21:00 Stakers, Operators & Developers
25:03 Developers in EigenLayer
29:59 Operators in EigenLayer
33:07 Staers in EigenLayer
36:06 Relationships between EigenLayer Parties
38:47 Risks of EigenLayer
47:40 Final Thoughts
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[@Radiowaverful]

Well done...we need more reviewers like yourself in Defi!

[@aadds4157]

Nice review mate, was so so helpful! keep doing these videos 🙏

[@osmn1994]

This is such an excellent description and analysis of EigenLayer - could totally be a substitute of the whitepaper. Thanks Jarod 🙌

[@jannimcflurry8252]

I am so glad i found your channel. It's a gold mine!

[@theplugg3517]

I've been struggling with understanding what Eigenlayer is really all about for months now. And tags like 'AVS' hasn't been helpful either. But watching your video changes everything. In fact, I'm so interested in learning more about restaking on Ethereum rn. Thank you for putting this together. Solid work! You got a subscriber. Watching another video ASAP!

[@vrushangdesai]

hey bro I'm also learning about ethereum restaking, would love to exchange notes?

[@GibbersPlaysAirsoft]

Yeah this video was great for the explanation. Thanks, Jarrod!

[@pkminime]

fantastic work, really helpful!

[@arpit_shukla]

Thanks a lot man. Really helpful. Great deep dive

[@sergeys.1142]

Amazing job! Best deep dive on topic I have seen! Thanks

[@sahilkakwani1000]

Keep up the good work ser. Always love your content.

[@blockchainbreakdown2009]

Sub...like...and a notification bell! Amazing content I wish I would have found this when you first dropped it. I was having such a hard time really understanding all this restaking Eigenlayer stuff!

[@atharvdeshpande6433]

Great explainer. Enjoyed it!

[@jdmaryanne]

Excellent explanations and so thorough. Thank you😊

[@vince2573]

great job !

[@spinz808]

10/10 content, love your channel. Would love a break down vid of Frames on Farcaster

[@valentineorga]

Great explanation... Keep em coming

[@bedechike8740]

Nice Guild! loop could be the most underrated play in the restaking narrative. Loop provides a chance to enhance LRT and Pendle yields through carry trades, all with minimal liquidation risk.

[@celder012]

This was an outstanding explanation

[@shillyvanilli4114]

Great video. Thank you.

[@bloodisdark2]

Absolutly helpful content. I really appreciate your work and research for making this video. Keep it up!

[@superdonkhalil]

Nice one. What type of AVS you’re most looking forward to?

[@Gabriel_Randi]

Tanks man you realy did a amazyng job here

[@dongmingyao6428]

this is a excellent vedio containing many valuable and enlightening thoughts of the author, thank you indeed.

[@Antaquelas]

Great video. Thank you for this video.

[@akashchikkam]

Very helpful thanks

[@cheka0915]

great video, thanks for your work. but I have question, what if the developer's service cannot pay enough reward to the operator. their service has no bug, but just not popular, cannot pay promised rewards to operator. ethereum doesn't have such problem, because it can mint eth, which is regarded valuable by the community. however, in this restaking process, what is restaked isn't the native token of the service, but some Liquidity Receipt Token, such as stETH, which cannot be created from thin air.

[@hackersofasia]

high quality value, thank you for this info.

[@ViralSynthesis]

Is there any min amount of eth that we have to spend on restaking on eigen layer inorder to get a confirmed airdrop?

[@circleofblessing9580]

Love it, thanks m8. Could you also make some coding related videos with your EVMKit?

[@judgepotter4043]

Great video bro

[@nasstyy]

Thank you so much.

[@kryptoknight9830]

Good content mate

[@jun]

great video, i liked your twitter thread as well

[@grosporcmartin]

Bro what is your highest low cap conviction play at the moment?

[@unihumi]

So EigenLayer is more like a service contractor to connect new projects with the already running big Ethereum Operators. They're promising new projects, they have a big pool of operators with validators and tell the operators to come join EigenLayer because they have plenty new projects with juicy rewards. Right?

[@tadjie9962]

great deep dive, love you jarrod for teaching us

[@JarrodWatts]

Thank you! Glad you enjoyed it

[@mattthew9619]

Thanks for an interesting video! Maybe a stupid question - but would EigenLayer token be available to be bought on an exchange?

[@JarrodWatts]

There’s no token currently. Likely based on their points system they’ll release one at some point in the future

[@dongmingyao6428]

I have a maybe naive question. could anyone be so good to give me some explainations? in restaking, where do the extras rewards on top of the normal staking rewards come from? are these restaking rewards in ether? if they are in ether, where do they come from? because the avs(the software newly developed) registered on eigenlayer do not have any impact on how the ether supply of the underlying ethereum chain works.

[@jopadjr]

51st...Thanks Jarrod. Any plans of doing more thirdweb tutorials?

[@EmisoraRadioPatio]

Is this airdrop actually happening? Big influencers are saying it is but in the Discord the admins are saying there will be no airdrop...

[@LouisRaskin]

Can someone explain how you can stake your ETH and get stakedETH in return and it somehow equals something more than net 0? If you give me gold and I give you fakeGold how is that any different from the billions of stETH being given for $ETH?

[@kelvinfugara4302]

This Video is the one-stop guide to eigenLayer

[@Grisfisken123]

Is it possible to restake through EigenLayer when you have a solo staking DappNode setup?

[@JarrodWatts]

I believe it should be possible with their native restaking with EigenPods

[@bumingbai_hahaha]

this is a deeeeep dive into it

[@sayandcode]

Baller

[@trading8]

You fail to explain HOW it does all this. Do I put ETH in EigenLayer, or stETH? Where are the funds actually when they are used to secure multiple networks? At EigenLayer? Staked in the ETH network? If the latter, then how are they slashed if there is a misbehaviour in another network once they are already locked up in the Ethereum network? Or does it just use stETH? In that case it’s just a fancy hub for leveraged staking.

[@theoriveras]

execelente video se merece un like, saludos desde lima peru

[@kazkaz1542]

Hi, can we now take off the Eth from Eigen Layer and still get the airdrop? Want to move it to Etherfi. Thanks

[@boiisheesh6062]

algorhytm