TL;DR
- TVL watch: $12.2b
- Linea partners with Automata
- Witness Chain reveals Proof of Location
- Zora connects to Hyperlane
- Skateās UX demo
- AVS Tooling Spotlight: Othentic
- Hacking soon? Submit your project to the Infinite Hackathon
Ecosystem News
TVL watch: $12.2b
After the last days of market chaos and price drops, EigenLayerās TVL sits at $12.2b according to DefiLlama.
Witness Chain reveals Proof of Location
Witness Chainās Watchtowers now run Challenger Clients for Proof of Location (PoL) on testnet.
Proof of Location is software that enables DePIN nodes to prove their geographical location. It works by triangulation over internet pings made by many challenger nodes (currently EigenLayer operators) to a prover node looking to prove its location.
Linea partners with Automata
Multi-Provers will be part of Lineaās roadmap to decentralization.
Automataās Multi-Provers will help Lineaās move to decentralize their proving system while hardening security for the rollup. āWe imagine Multi-Prover AVS as the middleware center for protocols to secure existing proving systems and verify the computational integrity of every transaction on Linea.ā
Zora connects to Hyperlane
The Zora Network, the media L2 part of Optimismās Superchain, is now connected to Hyperlane. This enables NFT bridging and building interchain apps.
Skateās UX demo
Skateās CEO showcased what a stateless app can look like with a pilot of an app enabling Polymarket on Ton. In this app the userās intents are executed on Skate Chain seamlessly, and callbacks are secured by EigenLayer.
Skate is building the infrastructure for stateless apps, enabling builders to run one app on many chains with a single application state.
Learn more about Skate and watch the demo
AVS Tooling Spotlight: Othentic
The Othentic Stack is a library of production-ready components that enable services to deploy infrastructure and spin up distributed systems that leverage shared security.
With Othentic AVS builders can focus on developing their service, while minimizing engineering overheads and abstracting low-level network implementations. This can include infrastructure to submit operator audits, reward mechanisms, and consensus engines to execute, validate, and approve tasks.
The Othentic framework allows developers to customize the infrastructure to fit their service. Use cases include Coprocessors, ZK Provers, Decentralized Solvers among other novel computational services.
Learn more about Othentic | Infinite Layers: Othentic
Community News
Hacking soon? Submit your project to the Infinite Hackathon
The Infinite Hackathon encourages developers working on building AVSs on EigenLayer or rollups using EigenDA to submit their projects. If you are building within the EigenLayer ecosystem as part of your hackathon project, you are qualified to submit your project.
- Eligible hackathons include any virtual or in-person hackathon around the world.
- Projects must be open source and submitted within 14 days of your hackathonās deadline.
Learn about EigenLayer
Key resources, docs and guides on: EigenLayer Hub & Understanding EigenLayer
{Stuff To Check Out}
- EigenLayer Explained: 4th Paradigm in CryptoEconomic Capital Efficiency ā @jordanmmck
- The rollupās overview and interviews on the EigenLayer Ecosystem
- 3 levels of EigenLayer intro ā @mattmurrs
See you next week
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