EigenLayer is a platform that enhances the security of various protocols by integrating them with Ethereum's security model through data availability services, eliminating the need for protocols to establish their own set of validators. It achieves this through a suite of smart contracts and enables Ethereum stakers to restake their tokens on EigenLayer. By doing so, stakers can earn extra yield while taking on the risk of slashing, using EigenLayer's Actively Validator Services (AVS) to secure multiple networks.
What type of fees do you charge?
PrimeStaked does not charge any fees for now on EigenLayer Restaked points or XP. 100% of these rewards are passed onto the holder. More details on the fee model will be shared in the future. Rest assured, redemptions will be enabled before fees are turned on.
Can I withdraw my funds?
Withdrawals will be enabled in the near future. Liquidity is available on Uniswap enabling conversion of primeETH to ETH for those needing to exit.