According to BlockBeats, on July 27, the Ethereum re-staking protocol EigenLayer officially announced that it will soon launch AVS (Active Verification Service) rewards and EIGEN programmatic incentives.
âą Active Validation Service (AVS) will gain the ability to reward stakers and operators.
âą At least 4% of the total supply of EIGEN will be distributed to stakers and operators through upcoming programmatic incentives.
âą These incentives will be distributed through âreward boostsâ where stakers and operators will receive EIGEN in proportion to the amount of rewards allocated to them by AVS.
âą Stakers and operators who support more AVS will tend to receive more EIGEN programmatic issuance.
âą The rewards boost program is designed to kick-start the rewards flywheel and enable price discovery, even if AVS rewards are initially low.
âą In addition to the programmatic incentive program, Season 2 staking rewards will reward current stakers and operators.
