EigenLayer releases ELIP-002 proposal: introducing penalty mechanism
On December 13, EigenLayer released the second EigenLayer improvement proposal (ELIP-002): Punishment mechanism (Slashing) on social platforms. The ELIP proposal introduces a penalty mechanism (Slashing) for the EigenLayer protocol to enhance the promise of the crypto-economy and provide AVS (Proactive Authentication Services) with a tool to innovate and reward high-quality service operators. The penalty mechanism design in the proposal combines two new concepts proposed by EigenLabs: Unique Stake and Operator Sets, allowing AVS to punish operators who fail to fulfill commitments such as calculation errors or activity issues. Unique pledges ensure that each AVS has exclusive access to specific penalties.
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