Difference between revisions of "Actively Validated Service (AVS)"
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Actively Validated Service (AVS) is a term introduced during the Restaking [[wave]] started by [[EigenLayer]] | * Actively Validated Service (AVS) is a term introduced during the Restaking [[wave]] started by [[EigenLayer]]. | ||
* [https://www.onchaintimes.com/p/the-eigenlayer-avs-landscape-10-protocols From] [[ONCHAIN|Onchain]] Times (10-5-2024): | |||
''"The main point of [[EigenLayer]] is to lease [[Ethereum]] security to other projects and become the first market for [[decentralized]] trust. Efficient markets thrive on both sellers and buyers. Sellers, in this context, are EigenLayer users who restake their ETH through Operators, which are entities offering various services to buyers. Buyers, on the other hand, are AVSs (Actively Validated Services). Put it more simply, they are the projects using EigenLayer to enhance the overall security and functionality of their networks. AVSs essentially consume decentralized trust."'' | |||
* From [[IOSG Ventures|IOSG]]'s newsletter ([https://mailchi.mp/e10a3bc0061a/iosg-ventures-monthly-newsletter-august-edition-17447057?e=bf26479d79 1-2024]), which is a RedStone investor: | |||
''"''[RedStone is] ''the only production-ready AVS on [[EigenLayer (EIGEN)|EigenLayer]]"'' | |||
Latest revision as of 02:50, 16 October 2024
- Actively Validated Service (AVS) is a term introduced during the Restaking wave started by EigenLayer.
- From Onchain Times (10-5-2024):
"The main point of EigenLayer is to lease Ethereum security to other projects and become the first market for decentralized trust. Efficient markets thrive on both sellers and buyers. Sellers, in this context, are EigenLayer users who restake their ETH through Operators, which are entities offering various services to buyers. Buyers, on the other hand, are AVSs (Actively Validated Services). Put it more simply, they are the projects using EigenLayer to enhance the overall security and functionality of their networks. AVSs essentially consume decentralized trust."
"[RedStone is] the only production-ready AVS on EigenLayer"
