ARPA AVS Season 3 Restaking Rewards — 70,000 $ARPA!
After the successful conclusion of ARPA AVS Season 2 Community Rewards program on Eigenlayer, we’re wasting no time to get season 3 up and running as soon as possible! As one of Eigenlayer’s top Attestation Verification Services (AVS) by the number of stakers, ARPA will continue to innovate within the Eigenlayer ecosystem and reward our community every step of the way.
Since becoming one of the first-ever AVS besides EigenDA to launch its own custom rewards program via Eigenlayer’s programmatic incentives structure, we remain consistent in our goal to foster a robust and sustainable staking ecosystem. Season 3 is a further reflection of our efforts.
Season 3 Rewards
Similar to the previous season, season 3 of our community rewards will run for an extended timeframe to enhance the staking experience.
Extended Duration: 70-day duration to give participants ample time to rack up rewards
Reward Incentives: Motivate restaking on ARPA AVS via a reward pool of 70,000 ARPA tokens
Inclusive Reward Structure: ARPA token holders can participate directly and earn rewards by staking their ARPA tokens on EigenLayer.
Reward Breakdown for Season 3
Start Date: January 9, 2025
Duration: 70 days
Total Rewards: 70,000 ARPA
Distribution:
50% (35,000 ARPA) allocated to ARPA restakers
35% (24,500 ARPA) allocated to ETH/Liquid Staking Token (LST) restakers (excluding uniBTC, solvBTC, and slisBTC)
15% (10,500 ARPA) allocated to EIGEN restakers
This distribution model will ensure that those who contribute to the security and stability of ARPA AVS through staking will be aptly rewarded alongside ARPA token holders. Through season 3 rewards, we aim to help Eigenlayer build out a more robust and inclusive staking ecosystem.
We greatly appreciate the support received from the ARPA and Eigenlayer communities as the ARPA AVS continues to contribute to a stronger Ethereum restaking and scaling community.
About ARPA
ARPA Network (ARPA) is a decentralized secure computation network built to improve the fairness, security, and privacy of blockchains. ARPA threshold BLS signature network serves as the infrastructure of verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge, and decentralized custody across multiple blockchains.
ARPA was previously known as ARPA Chain, a privacy-preserving Multi-party Computation (MPC) network founded in 2018. ARPA Mainnet has completed over 224,000 computation tasks in the past years. Our experience in MPC and other cryptography laid the foundation for our innovative threshold BLS signature schemes (TSS-BLS) system design and led us to today’s ARPA Network.
Randcast, a verifiable Random Number Generator (RNG), is the first application that leverages ARPA as infrastructure. Randcast offers a cryptographically generated random source with superior security and low cost compared to other solutions. Metaverse, game, lottery, NFT minting and whitelisting, key generation, and blockchain validator task distribution can benefit from Randcast’s tamper-proof randomness.
For more information about ARPA or to join our team, please contact us at contact@arpanetwork.io.
Learn about ARPA’s recent official news:
Twitter: @arpaofficial
Medium: https://medium.com/@arpa
Discord: https://dsc.gg/arpa-network
Telegram (English): https://t.me/arpa_community
Telegram (Turkish): https://t.me/Arpa_Turkey
Telegram (Korean): https://t.me/ARPA_Korea
Reddit: https://www.reddit.com/r/arpachain/