Eigen Pre-deposit FAQ's

What is EigenATH (eATH), and how is it used?

EigenATH (eATH) is a liquid staking token received when staking ATH in the EigenLayer ATH Vault. It represents your staked ATH position and may be usable in DeFi applications, subject to platform support.

Who are Cloud Hosts, and what is their role?

Cloud Hosts are GPU compute providers in Aethir’s decentralized cloud network. They generate fees through their services, which are shared with ATH stakers.

How are rewards calculated and distributed?

Rewards consist of Cloud Host fees, distributed proportionally based on eATH holdings. An APR calculator will be available to estimate returns based on staking activity and reward distribution.

Why is there a one-year lock-up and a 30-day unstaking period?

The one-year lock-up ensures network stability for Aethir’s ecosystem. The 30-day unstaking period aligns with EigenLayer’s intersubjective forking security model and Aethir’s operational requirements.

What are the risks of staking ATH in the EigenLayer ATH Vault?

Risks include smart contract vulnerabilities, potential slashing if operators misbehave, ATH price volatility, and liquidity constraints due to the one-year lock-up and 30-day unstaking period.

Can eATH be used in DeFi during the lock-up period?

eATH is a liquid token, but its DeFi usability may be limited during the one-year lock-up. After the lock-up, eATH can be traded or used in DeFi, depending on platform support.

Can I delegate my eATH to optimize rewards?

Yes, you can delegate eATH to verified operators to potentially increase reward efficiency. Operators manage Cloud Host interactions, but delegation typically incurs a fee deducted from rewards.

Is eATH custodial or non-custodial?

eATH is non-custodial, meaning you retain control of your staked assets through your wallet. Ensure your wallet’s private keys are secure to prevent unauthorized access.

How do I receive eATH?

To receive eATH, connect a compatible wallet (e.g., MetaMask) to Aethir’s staking platform at user.aethir.com/stake/eigenlayer. Stake ATH in the EigenLayer pre-deposits pool, and eATH will be credited at a 1:1 ratio, reflecting your staked ATH plus compounded rewards.