EigenLayer will be launching Redistribution soon. With this release, AVSs will soon be able to repurpose and distribute slashed funds according to their use case, instead of burning them. Read this blog post outlining what AVSs, Operators, and Stakers.
Key Reminders:
- Fully opt-in: Like all slashing condition features, redistribution is opt-in only. AVSs can choose to enable redistribution, then Operators choose whether to accept these conditions.
- Asset compatibility: For the first release of Redistribution, all non-ETH assets, including LSTs, EIGEN, USDC, and AVS tokens, can be used for redistribution. ETH will not be eligible for redistribution yet.
Timing:
Testnet:
May - Redistribution is live on Holesky, Sepolia, and Hoodi Testnets.
Mainnet:
June - Redistribution will be live on mainnet for AVSs to begin using.