How to Increase Staking Yields on Ethereum with Sreeram Kannan of EigenLayer
In this episode of Tascha Labs podcast, I talk to Sreeram Kannan, founder of EigenLayer, about a new Ethereum staking modality called “re-staking”. This is a new innovation that can help scale a proof-of-stake ecosystem by improving the system’s capital efficiency. Lots of interesting and potentially complex economic implications for the Ethereum platform can happen if this type of new regime gets adopted widely. We’ll dig into much of that in this conversation. 0:00 - Today's topic 0:15 - Ethereum staking as a financial primitive in blockchain world 2:16 - Problems EigenLayer is trying to solve 3:38 - Selling & buying in decentralized trust 10:42 - Dimensions of decentralized trust 12:40 - Reason behind the need for decentralization 16:31 - Problem with decentralized trust 20:59 - Staking Eth to validate for other protocols 24:19 - Return format & method of payment 30:36 - Impact of EigenLayer on amount of Eth staked 36:51 - Effect on volatility of the validator base 42:34 - Impact of EigenLayer on Ether's token price 45:38 - Risk comparison between using EigenLayer and going on your own for applications 53:35 - Details about EigenDA marketplace 1:01:47 - Sharing common decentralized trust framework among platforms 1:04:00 - Current status of EigenLayer 1:05:34 - OutroSubscribe to Tascha Labs Podcast | Crypto Investment through Macro Lens | Web3 | Blockchain on Soundwise