kydo

@kydo

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Joined on Feb 9, 2022

  • Conceptual questions about EigenLayer Is EigenLayer a DeFi protocol? No, EigenLayer is not a DeFi protocol. EigenLayer is a platform to bootstrap new proof of stake (PoS) decentralized systems. Through the EigenLayer protocol, users CANNOT engage in any financial activities such as swapping and lending. However, for the decentralized services built on top of EigenLayer (we call them AVSs, Actively Validated Services), these services could be DeFi applications themselves or support key functionalities in other DeFi protocols. These AVSs are external to the EigenLayer contracts. Does EigenLayer reuse the same economic security? Yes, EigenLayer does reuse the same economic security by enabling different AVSs to share a common economic security base. This concept, known as 'pooled security.' Similar to how various dApps share Ethereum's economic security, EigenLayer aims to let different decentralized PoS networks share the same economic security base.
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  • Goals A noncustodial mechanism to swap 300 USDC to ETH every fixed time period ($k$) on chain. Requirements The fund should always sit in a ledger ($EOA_1$). $EOA_1$ signs one transcation at the beginning and nothing in between. $EOA_1$'s fund cannot be touched by other $EOA$. High level design Smart Contract
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  • High level things Polynya - 04/2022: Shower thoughts Espresso - 11/2022: Decentralizing Rollups: Announcing the Espresso Sequencer colludingnode - 10/2022: Leaderless Sovereign Roll-Up Karl Floersch - 02/2023: Optimism’s Path to Technical Decentralization Alex Beckett - 06/2022: Decentralized sequencers: where do we go next?
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  • Deploy the V3 Protocol ContractsCreate and fund the deployment account for gas fees (40-50M gas required) Run the deployment command using the CLI Follow the CLI instructions: Deployment Checklist for Uniswap V3 CLI Scripthttps://github.com/Uniswap/deploy-v3 Deploy the Subgraphs Set up a Subgraph to index Uniswap activity on the new chain Edit an existing Subgraph from another chain to match the new deployment Submit the new Subgraph to The Graph Follow the detailed instructions here: Deploying the Subgraphs Checklisthttps://github.com/Uniswap/v3-new-chain-deployments/blob/main/subgraph_instructions.md
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