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EPIC: Delegated staking #1

@sponnet

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@sponnet

AP Delegated staking

AP Is a Liquid staking protocol that delegates ETH to stake on a mix of home and institutional stakers. Users can wrap their ETH in APETH and AP will stake the underlying ETH. To maximize yield all ETH is re-staked to Eigenlayer.

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APETH

APETH is a liquid restaking token. Rewards that accrue from staking are sent to the APETH collateral pool, and thus increases the ETH/APETH ratio on a perpetual basis. APETH is a non-rebasing token.

AVADO points

AVADO points are the loyalty points (ERC20 tokens) that are redeemable by all actors in the system that add value to the protocol

  • person who stakes
  • node operators

Furthermore , through actions / grants / incentivized campaigns users will be able to earn more loyalty points.

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