eigenlayer

What’s your most bearish scenario for EigenLayer?

Researcher
Co-author of EIP-7212 
Ex- @getclave

1) ETH price dumps abruptly, liquidating a large amount of LST/LRT positions
2) one or more LSTs depeg (could also be due to a staking pool bug), massive DeFi liquidations affecting the peg even more
3) DeFi destabilizes, bad debt arises
4) EiL security collapses

LSTs/LRTs are safe. Leveraged LSTs/LRTs are dynamite.

Navigating between the fields of blockchain education, adoption, corporate finance, and compliance. Part time Ethereum node operator 🦇🔊

@doganeth I would sleep infinitely better if we could prove this scenario is not possible. Currently, it sort of does keep me awake.

views are my own, protocol @ eigen labs; prev working on decentralization @ gitcoin, llama, stanford medicine.

It wouldnt be hard to keep ppl from signing up for an avs with debt since all the debt protocols have a debt tracker, usually a token. Slashing condition just blacklist the token. Idk about AFTER the user signs up for the avs though. @kydo can EL exit a certain restakers address from a node, with out exiting node?

Sound reasonable ... not that i like it :(