Key Terms
Liquid Restaking Tokens (LRTs): Derivative tokens, such as inETH, issued to represent restaked assets. LRTs enable users to access both restaking rewards and DeFi composability simultaneously
Cryptoeconomic security: A security model that uses economic incentives and cryptography to ensure the proper functioning and security of a network.
Service Modules, Validation Services, or Actively Validated Services (AVS): Any system that requires its own distributed validation semantics for verification, such as sidechains, data availability layers, new virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, and trusted execution environments.
Pooled security via restaking: Pooled security is when multiple parties combine their resources to provide greater security for a system. In EigenLayer, Ethereum stakers can “restake” their ETH or Liquid Staking Tokens (LST) by opting into new services built on EigenLayer.
Free-market governance: EigenLayer provides an open market mechanism that allows stakers to choose which services to opt into, based on their own risk and reward analysis.
Liquid Staking: A service that enables users to deposit their ETH into a staking pool and receive a liquid staking token. This token represents a claim on their ETH and its staking yield. Liquid staking tokens can be traded in the DeFi ecosystem and redeemed for their underlying ETH value after a waiting period.
Native Restaking: A method where Ethereum stakers restake their staked ETH natively by pointing their withdrawal credentials to the EigenLayer contracts.
Omnichain Restaking: An exclusive InceptionLRT feature enabling users to restake directly from major Layer 2 networks, bypassing traditional bridging requirements. This provides faster, cost-effective, and accessible restaking solutions.
Flash Unstake: InceptionLRT's proprietary module that provides instant liquidity for restaked assets. By eliminating standard withdrawal periods and third-party pools, Flash Unstake ensures flexibility and efficiency.
LST Restaking: A method where LST holders restake their Liquid Staking Tokens (LSTs) by transferring them into the EigenLayer smart contracts.
Meta Restaking & MetaLRTs: Meta Restaking aggregates multiple restaking protocols into a single interface, enabling users to gain exposure to diversified rewards in DeFi with one-click simplicity. MetaLRTs represent the tokenized output of these strategies, providing users with composable and flexible access to restaking opportunities.
Delegation on EigenLayer: A feature that allows restakers holding ETH or LSTs to delegate their assets to other entities who will operate off-chain software containers of service modules built on EigenLayer, rather than operating the software themselves.
On-chain slashing contract: A smart contract deployed by service modules on EigenLayer that enforces slashing, specifying, and penalizing any misbehavior.
EigenPod: A contract that is deployed on a per-user basis that facilitates native restaking.
Liquid Restaked Tokens (LRTs): such as inETH, operate as synthetic tokens layered atop your restaked assets. This function enables simultaneous, straightforward access to both restaking and decentralized finance.
Operators: In the EigenLayer ecosystem, operators are in charge of managing the technical infrastructure required for network validation and security. They run and maintain restaking nodes, and their reliability and performance have a direct impact on the Eigenlayer ecosystem’s security and efficiency
Curators: Entities within the InceptionLRT ecosystem that design, manage, and secure modular restaking solutions. They are key to ensuring the ecosystem’s integrity by driving economic security and optimizing performance for users.
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