# Protocol Council Evaluation: ELIP-012, ELIP-014, ELIP-015

**URL:** <https://forum.eigenlayer.xyz/t/protocol-council-evaluation-elip-012-elip-014-elip-015/14787>\
**Category:** ELIPs\
**Tags:** elip, governance\
**Created:** [March 12, 2026, 8:07pm UTC](https://forum.eigenlayer.xyz/t/protocol-council-evaluation-elip-012-elip-014-elip-015/14787 "2026-03-12T20:07:02Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![mcurtis](https://avatars.discourse-cdn.com/v4/letter/m/3da27b/32.png) [@mcurtis](https://forum.eigenlayer.xyz/u/mcurtis)\
**Post date:** [March 12, 2026, 8:07pm UTC](https://forum.eigenlayer.xyz/t/protocol-council-evaluation-elip-012-elip-014-elip-015/14787/1 "2026-03-12T20:07:02Z")

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| Author(s) | @mcurtis on behalf of Protocol Council |
| --- | --- |
| Created | March 12th, 2026 |
| Proposal | [ELIP-012](https://github.com/eigenfoundation/ELIPs/blob/main/ELIPs/ELIP-012.md), [ELIP-014](https://github.com/eigenfoundation/ELIPs/blob/main/ELIPs/ELIP-014.md), [ELIP-015](https://github.com/eigenfoundation/ELIPs/blob/main/ELIPs/ELIP-015.md) |
| Status | Approved |

This document is an official communication between the EigenLayer Protocol Council and the community. It aims to provide transparency with the EigenLayer ecosystem regarding upcoming protocol upgrades and network changes.

In this report, we present the outcome and evaluation of the Protocol Council’s review of [ELIP-012: The Incentives Committee](https://github.com/eigenfoundation/ELIPs/blob/main/ELIPs/ELIP-012.md), [ELIP-014: Rewards v2.2 - Operator Set Rewards with Unique & Total Stake](https://github.com/eigenfoundation/ELIPs/blob/main/ELIPs/ELIP-014.md), and [ELIP-015: Duration Vault Strategies](https://github.com/eigenfoundation/ELIPs/blob/main/ELIPs/ELIP-015.md).

## ELIP-012: The Incentives Committee

### **Summary of Feedback**

- **General Support:**

- **Audit:**

- **Feedback:**

- **Ecosystem Impact:**

### **Overall Verdict: Approved**

Potential risks are noted, but managed.

## ELIP-014: Rewards v2.2 - Operator Set Rewards with Unique & Total Stake

### **Summary of Feedback**

- **General Support:**

- **Audit**

- **Feedback:**

- **Security:**

- **Ecosystem Impact:**

### **Overall Verdict: Approved**

Recognized as a general improvement to usage of the rewards system.

## ELIP-015: Duration Vault Strategies

### **Summary of Feedback**

- **General Support:**

- **Audit:**

- **Feedback:**

- **Complexity & Risk:**

### **Overall Verdict: Approved**

Minimizes complexity and introduces a new, simpler way for capital to engage with EigenLayer.

## Additional Notes

- While ELIPs 14 and 15 were posted to the github repository for 3 and 2 months respectively, they were not posted to the EigenLayer forum until this week. While not blocking, additional process should be put in place to ensure that such oversights do not occur in the future.