TL;DR
TVL watch: $16.5
ARPA announces Mainnet
Othentic partners with Skate
Introducing Omni Academy
AVS Spotlight: Hyperlane
Introducing the Infinite Hackathon
EigenLayer at Edcon 🇯🇵
The first AVS Consumer Bazaar
🌐 Ecosystem News
TVL watch: $16b
EigenLayer maintains a total value locked (TVL) of $16b according to DefiLlama.
ARPA AVS announces Mainnet
After launching the ARPA AVS five weeks ago, ARPA officially announced its launch on Mainnet yesterday. It is currently working with 23 operators including P2P.org, A41, DAIC Capital, among others, with 1.27m ETH and 41.2m EIGEN restaked.
The ARPA AVS is a BLS Threshold Signature Scheme (BLS-TSS) Network, a decentralized network composed of multiple groups of nodes that securely generate BLS threshold signatures.
Read more
Othentic partners with Skate
Following their partnership with Solera, Othentic has announced a new collaboration with Skate.
Skate AVS is a pre-confirmation layer that enhances throughput capabilities and lowers transaction costs built for the Skate infrastructure. Partnering with Othentic allows Skate to abstract away low-level AVS infrastructure and focus on building their AVS. Read more
Introducing Omni Academy
Last week, Omni announced the launch of Omni Academy, a program to support teams leveraging Omni’s technology to bring their applications to users across all rollups. Omni will work with teams to assemble the necessary talent, provide strategic advice and help teams secure funding.
Learn more
AVS Spotlight: Hyperlane
Hyperlane is the first universal and permissionless interoperability layer built for with modularity in mind.
Hyperlane can be deployed for Layer 1, rollups or app-chain and allowing it to communicate with any other chain and ecosystem that has also deployed Hyperlane. Developers can also leverage their implementation of interchain accounts, interchain queries and warp routes to build interchain apps spanning multiple blockchains.
By leveraging restaking on EigenLayer, seamless cross-rollup interoperability can be secured by restaked ETH. Hyperlane AVS is currently secured by 95 operators, 92,700+ stakers and 1.61M restaked ETH.
📰 Community News
Introducing the Infinite Hackathon
The Infinite Hackathon encourages developers building on EigenLayer, building AVSs or rollups using EigenDA at any virtual or in-person hackathon around the world.
If you are building within the EigenLayer ecosystem as part of your hackathon project, you are qualified to submit your project. Projects must be open source and submitted within 14 days of your hackathon’s deadline.
Read more
EigenLayer at Edcon 🇯🇵
Edcon will be taking place from July 25th to July 30th in Tokyo. EigenLayer will be hosting a community drink on Monday, July 29th.
The first AVS Consumer Bazaar
Explore Coprocessors through this session hosted by the EigenLayer team. Understand how they work and what coprocessors unlock for apps.
📚 Learn about EigenLayer
Key resources, docs and guides on: EigenLayer Hub & Understanding EigenLayer
{Stuff To Check Out}
See you next week
EigenLayer News is a space to learn and stay informed about announcements and upcoming initiatives within EigenLayer. Our aim is to provide a window into what we believe is the ultimate coordination layer in crypto.
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About us, @ocandocrypto and @eugenia, we’re core contributors to web3citizen.xyz. Reach out to us on @eigenlayernews or @web3citizenxyz - we would love to hear your feedback!
