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contest competition|EigenLayer LST Election|<p><strong>Summary</strong></p><p>This contest serves as a binding onchain vote to elect the next LSTs to be added to the EigenLayer restaking pool. </p><p>This is the Mainnet version, you can vote on either Mantle or Ethereum Mainnet. Allowlisted voters can vote for any of the submissions (LSTs).</p><p></p><p><strong>Motivation</strong></p><p>Our vision for EigenLayer is audacious - we envision a future where EigenLayer thrives in an uncapped and permissionless state. But to reach this future, we need community participation and the right assets to back our goal.<br></p><p>Tokens are encouraged to pre-commit restaking volume if they’re vying for being added. The tokens will be ranked based on the ETH volume their communities commit to restake on this contest and the vote of the existing EigenLayer restaker community.</p><p></p><p><strong>Contestant LSTs</strong></p><p></p><p>All Ethereum LST tokens, backed by over 15,000 ETH, are invited to submit. Token holders on the Ethereum mainnet, especially from the previously discussed LP pools and those stored in wallets, have the right to vote.</p><p></p><p>Any LST that receives votes exceeding 15,000 ETH will be integrated into EigenLayer in the upcoming months. The incorporation will start with the LST that attracts the most votes, representing the LST community's commitment to restake, and will continue in order based on the number of votes from highest to lowest. Additional contests will be run in the future, inviting new LSTs to participate.<br></p><p>Based on these parameters, the following tokens have been invited to submit:</p><ol><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xa2e3356610840701bdf5611a53974510ae27e2e1">wBETH</a> (Binance) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xac3e018457b222d93114458476f3e3416abbe38f">sfrxETH</a> (Frax) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xFe2e637202056d30016725477c5da089Ab0A043A">SETH2</a> (Stakewise) (if Stakewise gets enough votes, their new LST osETH will be added when live)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xf951E335afb289353dc249e82926178EaC7DEd78">swETH</a> (Swell) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xE95A203B1a91a908F9B9CE46459d101078c2c3cb">AnkrETH</a> (Ankr) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0x24Ae2dA0f361AA4BE46b48EB19C91e02c5e4f27E">mevETH</a> (<a target="_blank" rel="noopener noreferrer nofollow" href="http://mev.io">mev.io</a>) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xA35b1B31Ce002FBF2058D22F30f95D405200A15b">EthX</a> (Stader) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0x856c4Efb76C1D1AE02e20CEB03A2A6a08b0b8dC3">oETH</a> (Origin ETH)</p><p></p></li></ol><p>They have until Nov 1st at 1pm EST to submit their proposals.</p><p><br></p><p>The teams are requested to include the following in their submissions:</p><p><br></p><p>1. Public Twitter post links that demonstrate the dedication of both the core team and the wider community to restake on EigenLayer.</p><p>2. Details about the project and its synergy with EigenLayer.</p><p>3. A clear roadmap and any other elements that will distinguish your LST in the eyes of the EigenLayer community and voters.</p><p>4. Other ideas welcome!</p><p></p><p><strong>Voting pool</strong></p><p></p><p>The snapshot of voters was taken on Friday Oct 27th at 12pm EST. The following Dune dashboard is the source of truth for the snapshot, which includes:</p><p></p><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://dune.com/sixdegree/eigenlayer-lst-addition-contest">https://dune.com/sixdegree/eigenl Size
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18443190 | -- | "contest competition|EigenLayer LST Election|<p><strong>Summary</strong></p><p>This contest serves as a binding onchain vote to elect the next LSTs to be added to the EigenLayer restaking pool. </p><p>This is the Mainnet version, you can vote on either Mantle or Ethereum Mainnet. Allowlisted voters can vote for any of the submissions (LSTs).</p><p></p><p><strong>Motivation</strong></p><p>Our vision for EigenLayer is audacious - we envision a future where EigenLayer thrives in an uncapped and permissionless state. But to reach this future, we need community participation and the right assets to back our goal.<br></p><p>Tokens are encouraged to pre-commit restaking volume if they’re vying for being added. The tokens will be ranked based on the ETH volume their communities commit to restake on this contest and the vote of the existing EigenLayer restaker community.</p><p></p><p><strong>Contestant LSTs</strong></p><p></p><p>All Ethereum LST tokens, backed by over 15,000 ETH, are invited to submit. Token holders on the Ethereum mainnet, especially from the previously discussed LP pools and those stored in wallets, have the right to vote.</p><p></p><p>Any LST that receives votes exceeding 15,000 ETH will be integrated into EigenLayer in the upcoming months. The incorporation will start with the LST that attracts the most votes, representing the LST community's commitment to restake, and will continue in order based on the number of votes from highest to lowest. Additional contests will be run in the future, inviting new LSTs to participate.<br></p><p>Based on these parameters, the following tokens have been invited to submit:</p><ol><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xa2e3356610840701bdf5611a53974510ae27e2e1">wBETH</a> (Binance) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xac3e018457b222d93114458476f3e3416abbe38f">sfrxETH</a> (Frax) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xFe2e637202056d30016725477c5da089Ab0A043A">SETH2</a> (Stakewise) (if Stakewise gets enough votes, their new LST osETH will be added when live)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xf951E335afb289353dc249e82926178EaC7DEd78">swETH</a> (Swell) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xE95A203B1a91a908F9B9CE46459d101078c2c3cb">AnkrETH</a> (Ankr) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0x24Ae2dA0f361AA4BE46b48EB19C91e02c5e4f27E">mevETH</a> (<a target="_blank" rel="noopener noreferrer nofollow" href="http://mev.io">mev.io</a>) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0xA35b1B31Ce002FBF2058D22F30f95D405200A15b">EthX</a> (Stader) </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0x856c4Efb76C1D1AE02e20CEB03A2A6a08b0b8dC3">oETH</a> (Origin ETH)</p><p></p></li></ol><p>They have until Nov 1st at 1pm EST to submit their proposals.</p><p><br></p><p>The teams are requested to include the following in their submissions:</p><p><br></p><p>1. Public Twitter post links that demonstrate the dedication of both the core team and the wider community to restake on EigenLayer.</p><p>2. Details about the project and its synergy with EigenLayer.</p><p>3. A clear roadmap and any other elements that will distinguish your LST in the eyes of the EigenLayer community and voters.</p><p>4. Other ideas welcome!</p><p></p><p><strong>Voting pool</strong></p><p></p><p>The snapshot of voters was taken on Friday Oct 27th at 12pm EST. The following Dune dashboard is the source of truth for the snapshot, which includes:</p><p></p><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://dune.com/sixdegree/eigenlayer-lst-addition-contest">https://dune.com/sixdegree/eigenlayer-lst-addition-contest</a></p><p></p><p>1. Holders of the tokens listed above + <a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/token/0x20bc832ca081b91433ff6c17f85701b6e92486c5">rETH2</a>, both on their wallets and the most relevant liquidity pools in the following protocols</p><p></p><ul><li><p>Uniswap (V2+V3)</p></li><li><p>Curve</p></li><li><p>Pendle</p></li><li><p>Balancer</p></li><li><p>Compound</p></li><li><p>Aave</p></li><li><p>Maverick</p></li><li><p>Fraxlend</p></li><li><p>Equilibria</p></li><li><p>Penpie</p><p><br></p></li></ul><p>2. EigenLayer liquid restakers and their restaked capital</p><p><br></p><p>Each wallet gets 1 vote per ETH value of their holdings/restaked capital. There’s a total of 44,409 voters with 1,819,775.31 votes votes to be given.</p><p><br></p><p><strong>Next steps</strong></p><p></p><p>We’re optimistic about the LST landscape's evolution, aiming to facilitate restaking for every LST in the long haul. However, in the immediate future, the integration will be sequential. Post contest, LSTs that receive over 15,000 ETH in voted interest will be added to EigenLayer. The journey will commence with the leading LST and progress sequentially. More contests and opportunities for new LSTs are ahead!</p><p><br></p><p><strong>About EigenLayer</strong></p><p></p><p>EigenLayer is a protocol that introduces restaking, revolutionizing the way stakers can secure and participate in multiple protocols within the Ethereum ecosystem and beyond. EigenLayer is at the forefront of leveraging Ethereum’s staked capital base to empower developers, validators, and stakers, so participants can optimize capital efficiency, enhance network security, and unlock groundbreaking possibilities in diverse blockchain ecosystems.</p><p><br></p><p>Follow us on:</p><p></p><p>Website <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.eigenlayer.xyz/">https://www.eigenlayer.xyz/</a></p><p>Twitter <a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/eigenlayer">https://twitter.com/eigenlayer</a></p><p>Discord <a target="_blank" rel="noopener noreferrer nofollow" href="https://discord.gg/eigenlayer">https://discord.gg/eigenlayer</a></p><p>Forum <a target="_blank" rel="noopener noreferrer nofollow" href="https://forum.eigenlayer.xyz/">https://forum.eigenlayer.xyz/</a></p> " |