TL;DR
- TVL watch: $19.55b
- Lagrange launches decentralized ZK Prover Network
- K3 AVS on testnet
- Everclear
Hyperlane - AVS Spotlight: Lagrangeās ZK Prover Network
- Introducing AVS DeepDives
- Infinite Layers: Conduit
- Sreeram in Blockworksā Bell Curve Podcast
Ecosystem News:
TVL watch: $19.55b
EigenLayer maintains a total value locked (TVL) of $19.55b according to DefiLlama.
Lagrange launches ZK Prover Network AVS
The First Production-Ready ZK Prover Network is now live in Mainnet on EigenLayer!
It will provide reliable proving of different types of complex computations that developers and protocols can take advantage of. Partners include Coinbase, P2P, Staked, OKX, DSRV, among 20 others.
See more about the ZK Prover AVS on the section āAVS Spotlightā.
Read more
K3 AVS on testnet
K3 Labs launches K3 AVS on testnet. With K3, users can design and deploy applications written in web2 languages and take advantage of pre-built integrations with web3 middleware services such as Dune, Space and Time, and Uniblock. K3 currently supports Rust.
Read more
Everclear Hyperlane
Everclear is live on testnet as of yesterday. Previously known as Connext, Everclear coordinates the global settlement of liquidity between chains and cuts the cost & complexity of rebalancing by up to 10x. The system is built as an Arbitrum Orbit rollup, and as part of their quest to solve fragmentation, integrates Hyperlane with an EigenLayer ISM to connect their clearing layer to other chains.
AVS Spotlight: Lagrangeās ZK Prover Network
Lagrange Labs launched its second AVS, after Lagrange State Committees (LSC) being one of the first AVS on EigenLayer. While LSCās decentralized network of nodes attest to the finality of blocks within an optimistic rollup. Lagrangeās Prover Network provides reliable proving of different types of computation, while creating a granular marketplace where complex queries are met with predictable proof categorization and generation.
The network consists of two primary actors: Gateways and Provers. Each Gateway is connected to Provers in the network, and is responsible for managing a queue of work that different Provers commit to perform. The first Gateway, deployed by Lagrange Labs, powers Lagrangeās ZK Coprocessor.
Operators run Provers committing to generating proofs within a given time period by submitting collateral and agreeing to penalties if they donāt comply with their tasks. Their assigned tasks are based on the amount of work theyāre able to process, as defined by their stake.
Currently, Lagrange ZK Prover AVS is secured by 37 operators and 36,000+ stakers, with over 1,447,000 ETH restaked.
Community News:
Introducing AVS DeepDives
EigenLayer launched a new technical series!
AVS DeepDives analyzes different active AVS, their use cases, and how they work. The first episode features Lagrange and Polymer.
Infinite Layers: Conduit
The sixth episode of Infinite Layers focuses on Conduit, a solution to deploy customizable rollups. This episode features Andrew Huang, founder of Conduit, and explores the capabilities of the protocolās all-in-one infrastructure to advance different projects.
Sreeram in Blockworksā Bell Curve Podcast
The Bell Curve Podcast has Sreeram on to discuss the current state and future potential of restaking. Listen to the podcast to learn more about the growing AVS ecosystem, Sreeramās vision on how EigenLayer fits into the broader Ethereum scaling roadmap.
Learn about EigenLayer
Key resources, docs and guides on: EigenLayer Hub
{Stuff To Check Out}
Figmentās āHow to Select an EigenLayer Operatorā
EigenLayer: Intersubjective Faults, Token forking, bEIGEN & more
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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