# Terms and Conditions

These Terms and Conditions (these “Terms”) set out the basis on which you may access and use [Eigenpie](https://www.eigenpiexyz.io/) (the “Site”). The Site is a website hosted user interface provided by Eigenpiexyz Ltd., a company incorporated in British Virgin Islands (“Eigenpie”, “we” or “us”) and the Site enables users to interact with certain smart contracts deployed on the blockchain (the “Protocol”). You must read and understand these Terms in its entirety before accessing and using the Site. Each time you access or use the Site, you indicate your acceptance of these Terms. If you do not accept these Terms, you are not permitted to use the Site and must cease all activity on the Site.

THESE TERMS CONTAIN A BINDING ARBITRATION PROVISION AND CERTAIN WAIVERS. YOU SHOULD READ THESE PROVISIONS CAREFULLY AND UNDERSTAND HOW YOUR RIGHTS ARE AFFECTED BEFORE ACCEPTING THESE TERMS.

### 1. Nature of the Site

THESE TERMS CONTAIN A BINDING ARBITRATION PROVISION AND CERTAIN WAIVERS. YOU SHOULD READ THESE PROVISIONS CAREFULLY AND UNDERSTAND HOW YOUR RIGHTS ARE AFFECTED BEFORE ACCEPTING THESE TERMS.

By using the Site, you understand that you are not transferring crypto assets to us and the assets are deposited directly into underlying third-party protocols. Please note that when using the Protocol, crypto assets that have been "bridged" or "wrapped" to operate on other blockchain networks (including to blockchains compatible with the Ethereum Virtual Machine that are designed to ensure a blockchain can effectively process more transactions or other blockchains that are frequently referred to as "Layer 2" solutions) are distinct from the asset on its native chain.

### 2. Permitted Use of the Site

You agree to use the Site only for lawful purposes and in a manner consistent with all applicable laws and regulations and in the manner intended by us. By accessing or using the Site, you agree that you are solely and entirely responsible for compliance with all laws and regulations that may apply to you, as well as any tax obligations.

You shall not use the Site:

* to exploit any vulnerability of the Site, whether or not for financial or other personal gain or otherwise probe, scan, or test the vulnerability of the Site. You must not breach the security or authentication measures implemented on the Site;
* to attempt to gain unauthorized access to the Site, its servers, or any other systems or networks connected to the Site. This includes hacking, password "mining", or any other illegitimate mean;
* to introduce any malware, harmful material or otherwise unauthorized material to the Site or other users of the Site or use any automated device, program, or process (including but not limited to deep-linking, page-scraping, robots, spiders, or similar methods) to access, copy, monitor, or extract any part of the Site without prior written permission from us;
* in connection with any cyber attacks, whether against the Site or any other website;
* in a manner which involves market manipulation or financial crime or in a manner which would make the Site an accessory to any market manipulation or financial crime;
* to engage in any activity that is, or is intended to be, libelous, defamatory, profane, obscene, indecent, hateful, abusive, fraudulent or deceptive;
* to engage in any activity that seeks to reveal or obtain personal identification or information about other users or visitors to the Site, or any other customers of ours. This includes reverse look-up, tracing, or any other means to uncover such information; or
* for any activity that is otherwise prohibited by law or infringes upon the rights of others.

You agree not to take any action that imposes an unreasonable or disproportionately large load on the infrastructure of the Site. In particular, you shall not use any device, software, or routine that interferes or attempts to interfere with the proper functioning of the Site, or any transaction being conducted on the Site. Additionally, you must not interfere with or disrupt any other user’s use of the Site.

### 3. Wallet Security

To access and use the Site, you must use a non-custodial wallet software (your “Wallet” and all the non-custodial wallet software you use, your “Wallets”), which allows you to interact with public blockchains. Your relationship with that non-custodial wallet provider is governed by the applicable terms of service with the third-party. We do not have custody or control over the contents of your wallet and have no ability to retrieve or transfer its contents.

The security of your Wallets is your sole responsibility. You are required to take appropriate measures to ensure the security and confidentiality of your Wallet, passwords, and any other authentication information. You shall not share your Wallets, or any information related to your Wallets (including your seed phrases or private keys) with any other individual or entity.

We strongly recommend that you adopt robust operational security measures to protect your Wallets, including but not limited to installing the latest software upgrades on your mobile devices, using two-factor authentication as appropriate, and regularly update your security settings. It is your responsibility to keep your Wallets secure. You understand and acknowledge that any activity conducted through your Wallets will be deemed as your own actions. You are solely responsible for any consequences arising from unauthorized use or access to your Wallets, whether through your own actions or due to your failure to implement adequate security measures. In the event of any suspected or actual unauthorized access to your Wallets, or if you believe your Wallet has been compromised, you must immediately take appropriate action to mitigate any potential risks.

We have no ability to control or reverse any transactions on the Protocol. We shall not be held responsible for any loss, damage, or unauthorized transactions resulting from any unauthorized access of your Wallet. By using the Site, you agree to assume full responsibility for the security of your Wallets, and you acknowledge that we do not condone the sharing of your Wallets (or the associated seed phrase and/or private key).

### 4. Intellectual Property

We own all intellectual property and other rights in the Site and its contents, including, but not limited to, software, text, images, trademarks, service marks, copyrights, patents, designs, and its "look and feel". Subject to your compliance with these Terms and any other terms agreed with us separately, we grant you a limited, revocable, non-transferable, and non-exclusive license to access and use the Site for personal purposes only. This license does not grant you any ownership or rights to our intellectual property. All intellectual property and any other proprietary rights associated with the Site and its content are and shall remain our sole property. These Terms do not transfer any ownership or intellectual property rights to you. You shall not claim or assert any right, title, or interest in or to our intellectual property by virtue of your access and use of the Site.

You shall not modify, reproduce, distribute, display, perform, publish, create derivative works from, or exploit in any way our intellectual property without our prior written permission. We reserve the right to take legal action, including seeking damages and injunctive relief, against any individual or entity that violates our intellectual property rights or uses the Site in a manner that infringes upon our intellectual property.

No licenses or rights are granted to you by implication or estoppel with respect to our intellectual property or the intellectual property of any third party.

### 5. Representations and Warranties

On each instance that you access and use the Site, you represent and warrant to us that:

* it is lawful under the laws applicable to you to access and use the Site;
* you are not accessing the Site from a country that is sanctioned by any governmental or supranational body, including but not limited to the Office of Foreign Assets Control of the United States Department of the Treasury, the United Nations Security Council, the European Union, any European Union member state and that you are not an individual subject to any sanctions by a governmental or supranational body;
* you are not a citizen, resident of, or a legal entity incorporated or organized under the laws of, the United States, Russia, Cuba, Iran, North Korea and Crimea;
* you understand and accept all risks of using the Site and crypto tokens;
* you have full understanding of the nature and risks of digital assets and blockchain networks, and voluntarily and of your own accord;
* you have knowledge and experience in all relevant matters as to be capable of evaluating the merits and risks of accessing and using the Site and conducting transactions using the Protocol;
* you have full authority and power to enter into these Terms and that your entry into these Terms does not conflict with any other legal obligation (whether under statute, contract, tort or otherwise) that is binding on you; and
* your acceptance of these Terms are legal, valid, binding and enforceable obligations of yours.

### 6. Third-Party Websites

The Site may contain links or references to third-party websites that are not owned or controlled by us. These links are provided for your convenience and informational purposes only. We do not endorse, guarantee, or assume any responsibility for the accuracy, reliability, or legality of the content on these third-party websites. By accessing and using any third-party websites linked from the Site, you acknowledge and agree that you do so at your own risk. We shall not be held liable for any damages or losses arising from your use of or reliance on the content, products, or services offered by these third-party websites. We recommend that you review the terms and conditions and privacy policies of any third-party websites you visit. Your interactions with these websites are governed by their respective terms and policies, which may differ from ours. The inclusion of any third-party links on the Site does not imply endorsement or affiliation with the linked website or its operators. We disclaim any responsibility for the actions, content, or practices of any third-party websites. If you decide to access or use any third-party websites linked from the Site, you do so voluntarily and solely at your own discretion.

Please note that while we strive to provide reliable and useful links, we cannot guarantee the accuracy, safety, or reliability of third-party websites. It is your responsibility to exercise caution and make informed decisions when accessing or using any third-party websites.

### 7. Breaches of these Terms

We reserve the right to take appropriate action, including but not limited to the immediate termination or suspension of your access to the Site, in the event of any violation of these Terms. If we become aware of any violation of these Terms, we may, at our discretion, investigate the matter and take necessary legal action to enforce our rights and protect the integrity of the Site. Any failure on our part to enforce these Terms shall not be considered a waiver of our right to do so in the future, nor shall it constitute a waiver of any other provision or right under these Terms.

You agree to cooperate fully in any investigation regarding a violation of these Terms. This may include providing any information or evidence necessary to resolve the matter satisfactorily. You understand and agree that we shall not be liable to you or any third party for any damages, losses, or expenses incurred as a result of our actions taken in response to a violation of these Terms.

By using the Site, you acknowledge and agree that any violation of these Terms may result in the termination or suspension of your access to the Site and may lead to legal consequences.

### 8. Limitation of Liability

In no event shall we or our affiliates, directors, officers, employees, or agents be liable for any direct, indirect, incidental, special, consequential, or exemplary damages or loss, including but not limited to damages for loss of profits, goodwill, use, data, or other intangible losses or other costs and expenses (including legal or other professional adviser fees) (“Losses”), arising out of or in connection with your use of the Site or the inability to access or use it.

Notwithstanding that we will not be responsible for any Losses suffered by you, if you suffer any Losses, you must take all reasonable steps to mitigate such Losses which has occurred or may occurred.

To the extent the limitations of liability are unenforceable, our maximum liability to you shall be the lowest amount permitted under the relevant applicable laws.

### 9. Indemnity

You shall indemnify and keep us indemnified in full and on demand, and hold us harmless, from all claims, liabilities, direct or indirect damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) suffered or incurred by us arising out of or in connection with (1) your violation of these Terms, (2) your violation of any rights of any other person or entity, including but not limited to intellectual property rights, privacy rights or contractual rights, (3) your access to or use of any third-party websites linked from the Site, or (4) your violation of any applicable laws, regulations or third-party rights which involve the use of the Site.

We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will cooperate with us in asserting any available defenses.

You acknowledge and agree that the indemnification obligations set forth in this provision shall survive the termination or expiration of these Terms and your use of the Site.

### 10. Circumstances Beyond Our Control

While we will use reasonable efforts to ensure the Site is operational to a satisfactory service level, there are events that are circumstances beyond our reasonable control which may inhibit, affect or prevent your access and use of the Site. These include, without limitation:

* disruption of the information services required to access the Site such as your Internet service provider, our servers, the blockchains on which the Protocol is deployed, etc.;
* hardware failures of our servers or your personal device or Internet service provider;
* a temporary or indefinite halt of the functionality of the Site or any blockchain on which the Protocol is deployed; and
* cyberattacks against the Site or other malicious malware used to henbit the functionality of the Site.

We will not be responsible for any Losses incurred by you as a result of any circumstances beyond our reasonable control which may inhibit, affect or prevent your access and use of the Site.

### 11. Your Privacy

When you use the Site, we may collect information on your blockchain wallet address, completed transaction hashes, and the token names, symbols, or other blockchain identifiers of the tokens that you swap, which are all publicly available from the blockchain. When you interact with the blockchain, you are making certain information available for public viewing. We do not collect any other personal information from you. We use your publicly available information to (1) provide, maintain, customize and improve the Site, (2) protect against, investigate, and stop fraudulent, unauthorized, or illegal activity, or address security risks or issues, and (3) comply with our legal obligations.

The Site does incorporate third-party service providers, such as Infura and Google Analytics, which may receive or independently obtain your personal information from publicly available sources. We do not control how these third parties handle your data and you should review their privacy policies to understand how they collect, use, and share your personal information. In particular, please visit the privacy policies of Infura and Google to learn more about how these third parties use data. By accessing and using the Interface, you understand and consent to our data practices and our service providers' treatment of your information.

We use the publicly available information we collect to detect, prevent, and mitigate financial crime and other illicit or harmful activities on the Interface. For these purposes, we may share the publicly available information we collect with blockchain analytics providers or legal authorities as appropriate. We may share your publicly available information with these service providers only so that they can help us promote the safety, security and integrity of the Site. We do not retain the information we collect any longer than necessary for these purposes.

It is our policy to comply with all legal and regulatory requests, provided they are not invalid, overbroad, or unconstitutional requests as appropriate. However, we cannot guarantee that unauthorized third parties will never be able to obtain or use your information or aggregate data for improper purposes. You acknowledge that you provide your information and aggregate data at your own risk.

### 12. Taxes

Your access and use of the Site may result in various tax consequences, such as income or capital gains tax, value-added tax, goods and services tax, or sales tax in certain jurisdictions. It is your responsibility to determine whether taxes apply to any transactions you initiate or receive and, if so, to report and/or remit the correct tax to the appropriate tax authority.

### 13. No Warranties

The Site and its content are provided on an "as-is" and "as available" basis without any representations or warranties of any kind, whether express, implied, or statutory. We do not warrant that the website will be uninterrupted, error-free, secure, or free from viruses or other harmful components. To the extent permitted by the law, we disclaim all warranties, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not represent or warrant that access to the Site will be continuous, uninterrupted, timely, or secure; that the information contained in the Site will be accurate, reliable, complete, or current; or that any of our products will be free from errors, defects, viruses, or other harmful elements. No advice, information, or statement that we make should be treated as creating any warranty concerning the Site.

Similarly, the Protocol is provided "as is", at your own risk, and without warranties of any kind. The Protocol is run autonomously by the smart contracts deployed on various blockchains.

### 14. No Investment, Legal, Tax, or Other Advice

The information provided on the Site and any of the social media accounts under the control of us or any individuals directly affiliated with us, including but not limited to articles, guides, and other content, is for informational purposes only. It does not constitute financial, investment, legal, tax, or any other professional advice. We do not provide any personalized recommendations or advice regarding the suitability, profitability, or legality of any investment, financial strategy, or transaction. Any decision to engage in transactions on the Site is solely at your own risk and discretion. You should consult with appropriate professionals, such as financial advisors, lawyers, or tax advisors, to obtain specific advice tailored to your individual circumstances before making any transactions on the Site. Your access and use of the Site does not establish a client, advisory, or fiduciary relationship between you and us.

We make no representations or warranties regarding the accuracy, completeness, or timeliness of the information provided on our Site. We shall not be held liable by any person for any errors or omissions in the content or for any actions taken in, or any losses, damages, or liabilities arising from, reliance of the information provided. You bear full responsibility for evaluating the accuracy, completeness, and usefulness of any information or content provided on the Site and for seeking professional advice as necessary.

By using the Site, you acknowledge and agree that we do not provide any investment, legal, tax, or other professional advice. You should seek appropriate advice from qualified professionals before making any financial or investment decisions. We shall not be held responsible for any consequences resulting from your reliance on the information provided on the Site.

### 15. Reservation of Rights

We reserve the right to take appropriate legal action, including but not limited to seeking damages, injunctions, or any other remedies available under applicable law, to address any violation of these Terms. We reserve the right to prohibit or block any activity on the Site that violates these Terms, including but not limited to the use of automated devices, unauthorized access attempts, or probing, scanning, or testing the vulnerability of the Site.

### 16. Assumption of Risk

You acknowledge and agree that the access or use of the Site and any involvement with crypto assets carry inherent risks. These risks include, but are not limited to, market volatility, potential loss of investment, regulatory changes, technological vulnerabilities, and cybersecurity risks which are beyond our control. We shall not be held liable for any losses, damages, or liabilities arising from your use of crypto assets or any transactions related to crypto assets conducted through the Site.

You understand and accept that the value of crypto assets can fluctuate significantly, and there is no guarantee of profit or protection against losses. The decision to engage in transactions involving crypto assets is solely your responsibility, and you bear all risks associated with such transactions.

You are solely responsible for conducting your own research, understanding the risks involved, and making informed decisions regarding the use, purchase, sale, or holding of crypto assets. You should consult with appropriate professionals before making any financial or investment decisions.

It is your responsibility to ensure compliance with applicable laws, regulations, and tax obligations related to the use and ownership of crypto assets in your jurisdiction.

We recommend implementing appropriate security measures, including but not limited to secure storage, strong passwords, and two-factor authentication, to protect your crypto assets and associated information.

You acknowledge that the blockchain technology underlying crypto assets is subject to its own risks and limitations, including but not limited to network congestion, technological failures, and delays in transaction confirmation. We shall not be responsible for any losses or damages arising from such risks and limitations.

By using the Site and engaging with crypto assets, you acknowledge and assume all risks associated with crypto assets, including any not described above (which is a non-exhaustive coverage of all relevant risks). You agree to release us from any liability and hold us harmless from any Losses incurred in connection with the use of crypto assets.

### 17. Miscellaneous

We reserve the right to modify, suspend, or terminate the Site or any part thereof, at any time without prior notice. We shall not be liable to you or any third party for any such modification, suspension, or termination. In addition, we may update these Terms from time to time in our sole discretion and without any prior notice to you. It is your responsibility to check the Site for the latest version of these Terms. The most recent date of update will clearly indicated in these Terms.

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue to be valid and enforceable to the fullest extent permitted by law.

These Terms contain the whole agreement between you and us relating to your access and use of the Site. You agree and acknowledge that you are not agreeing to these Terms in reliance of any representation, warranty or undertaking made by us.

These Terms shall be governed by and construed in accordance with the laws of Singapore, without regard to its conflict of laws principles. Any dispute, controversy, difference or claim arising out of or relating to this contract, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it (“Dispute”) shall be referred to and finally resolved by arbitration administered by an arbitral institution determined by us under arbitral rules determined by us. The seat of arbitration shall be Singapore and there shall be a single arbitrator appointed by us.

You and us explicitly waive any right to have a Dispute heard by jury trial and any Dispute you bring must be brought in your individual capacity and not as a plaintiff in or member of any purported class action, collective action, private attorney general action, or other representative proceedings. In the event that any immunities apply to you, you agree to waive such immunities.


# Introduction

Eigenpie is a Liquid Restaking Platform within EigenLayer that allows users to restake their assets to validate new services while earning rewards and maintaining liquidity through LRTs.

<figure><img src="/files/GgLxwL687JlGywc9HaOF" alt=""><figcaption></figcaption></figure>

Native ETH holders and liquid staking participants can enhance the utility of their ETH and ETH LSTs by depositing them into Eigenpie. Once deposited, Eigenpie restakes these assets through Node Operators on EigenLayer. The Node Operators then use the ETH and LSTs to support new "Actively Validated Services" (AVSs), while users receive LRTs in return, allowing them to earn rewards while maintaining liquid positions.

LRT holders from Eigenpie are poised to earn rewards through their direct participation in validating new "Actively Validated Services" (AVS) with their underlying ETH and LSTs, while still being able to access other DeFi opportunities simultaneously.

Eigenpie serves as an ETH and LST provider for Node Operators while simultaneously offering ETH and LST holders the benefits of Liquid Restaking on EigenLayer, enhancing their earning potential.


# Ethereum

<figure><img src="/files/THhA2y4lkyispbWmcKNL" alt=""><figcaption></figcaption></figure>

Ethereum is a decentralized blockchain platform that empowers the creation and operation of smart contracts and decentralized applications (dApps). It offers a secure and programmable framework where Ether (ETH), its native cryptocurrency, facilitates transactions and computational activities. Ethereum enables developers to craft transparent and autonomous digital applications, eliminating the need for intermediaries and fostering a new era of digital interaction.

Ethereum implements a Proof of Stake (PoS) mechanism to enhance energy efficiency and network security, with validators staking ETH to facilitate consensus and uphold network integrity. This approach not only minimizes environmental impact but also broadens participation, aligning with Ethereum's goals of long-term sustainability, decentralization, and fostering a scalable, robust blockchain ecosystem.


# EigenLayer

<figure><img src="/files/hdGeYsufQuEw3xSwidJc" alt=""><figcaption></figcaption></figure>

EigenLayer is an infrastructure built on Ethereum, designed to enhance security across DeFi. It introduces the concept of “Restaking,” which allows users to utilize their ETH or LSTs more than once. This can be considered as reusing your ETH or ETH LSTs to augment security and earn additional rewards. If you already hold ETH, either directly or through Liquid Staking Tokens (LSTs), you can leverage the technology of EigenLayer to “restake".


# Restaking

Reuse your ETH and ETH LSTs

<figure><img src="/files/MWvkB1NdPcQlQpgKVJwI" alt=""><figcaption></figcaption></figure>

Restaking in EigenLayer refers to the process of using already staked assets on Ethereum to provide additional security and earn rewards on multiple layers or protocols without relocating the assets.&#x20;


# Native Restaking

Restaking of ETH natively staked on the Ethereum Beacon Chain

Refers to directing the withdrawal process of an Ethereum Validator node to EigenLayer’s smart contracts, specifically EigenPod. Participation in Native Restaking requires the operation of an Ethereum Validator node. Involves depositing natively staked ETH tokens into the EigenLayer smart contracts.


# Liquid Restaking

Restaking of ETH staked through Liquid Staking protocols. Can also be explained as restaking of LSTs.

Involves depositing liquid staking tokens (LSTs) into the EigenLayer smart contracts.

## **LRTs**

Liquid Restaked Tokens, also known as LRTs, represent restaked ETH LSTs and provide users with an innovative way to leverage their assets more effectively.


# Node Operators

<figure><img src="/files/tCS36XEPLMnOQOJjyOYU" alt=""><figcaption></figcaption></figure>

Node operators are fundamental in the Eigenlayer ecosystem, leveraging their processing power to maintain and enhance various blockchain-based services by utilizing restaked ETH. Operators have the freedom to select the services they wish to provide, guided by instructions from Eigenlayer's Automated Validator Services (AVS).

Individuals and organizations can become node operators, thus strengthening the network's robustness and expanding its functional scope. By integrating with Eigenlayer, they enable Ethereum stakers to delegate their assets, fostering a safer and more efficient network. Their engagement with different AVS plays a pivotal role in augmenting and diversifying the network's functionalities, supporting the growth and adaptability of the broader blockchain ecosystem.


# AVS (Actively Validated Services)

<figure><img src="/files/4R5LofskliBZ7vV1ahCM" alt=""><figcaption></figcaption></figure>

Actively Validated Services (AVS) in the EigenLayer ecosystem encompass a range of systems that require distinct distributed validation mechanisms for verification. These systems include, but are not limited to, sidechains, data availability layers, new virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, and trusted execution environments.

AVS are instrumental in expanding the EigenLayer platform's functionality and security, permitting Ethereum validators to restake their beacon chain ETH, accept asset delegations, and operate specialized software tailored for AVS. In the EigenLayer ecosystem, AVS also support integration with LSTs.


# Eigenpie

Overview

<figure><img src="/files/RwqLTiTBrvw7BbtPu9g0" alt=""><figcaption></figcaption></figure>

## What is Eigenpie?

Eigenpie is the first isolated liquid restaking platform for ETH LSTs, leveraging the infrastructure of EigenLayer and allowing native ETH and ETH LST holders to earn more.

As a SubDAO created within the Magpie ecosystem, Eigenpie contributes to EigenLayer by enabling a process known as liquid restaking. Through this feature, users can deposit their ETH or LSTs into Eigenpie's platform, which then restakes these tokens using the EigenLayer protocol. This mechanism allows users to receive liquid restaking tokens (LRTs) that represent their restaked ETH and LSTs and continue to accrue staking rewards. These LRTs maintain liquidity, meaning they can be traded, transferred, and utilized across DeFi applications, offering additional yield opportunities.

The integration of Eigenpie with EigenLayer introduces several benefits, such as enhancing network participation and security by increasing the flexibility of "native staking and "liquid staking" through "liquid restaking".


# Liquid Restaking

Restake your LSTs

## Isolated Liquid Restaking

Eigenpie presents a novel approach to the Liquid Restaking narrative by isolating risks related to any specific LST asset accepted by EigenLayer. We understand that each LST has its own composition, and we provide LST holders with the opportunity to receive a specific Liquid Restaked version of their underlying assets. The Isolated Liquid Restaked token received by users when depositing their LSTs on Eigenpie is only linked to the performance of the specific token that was restaked, and not to any other Liquid Staked Tokens. Eigenpie offers a unique Liquid Restaked version for each LST that is supported by EigenLayer.

### - Optimal Experience

Isolated Liquid Restaking through Eigenpie creates new options for risk-averse LST holders who prefer not to be exposed to a mix of underlying assets through restaking. This approach offers a more effective and tailored DeFi experience, as holders from various LST protocols can gain from tokens that specifically represent their own LST.

### - Security-Focused

If a security issue affects any LST, only the holders of its Isolated Liquid Restaked version will be directly impacted. This greatly lowers the chance of holders of various LSTs being affected due to one compromised LST. Eigenpie currently offers support to all LSTs accepted by EigenLayer, and each has its own Isolated Liquid Restaked version. Our commitment to a sustainable platform for the long term firmly prioritizes this as a key point of focus.

### - What Eigenpie does once you deposit your LSTs?

Eigenpie efficiently restakes your LSTs on EigenLayer. When users deposit their assets on Eigenpie, they receive a Liquid Restake version of their deposited LST. The restaked version retains its original name, but with the letter "m" added as a prefix.

The LSTs received by Eigenpie are set to be used by Node Operators of the EigenLayer Ecosystem. Operators carry out the task of validating new technologies and features, such as new L1 blockchains, new L2 blockchains, bridges, etc., while leveraging the security of Ethereum. This structure enables LRT holders from Eigenpie to earn rewards by validating other platforms with their underlying assets.

### - Rewards

Our platform applies a 10% rewards fee to users who delegate their LSTs to the Eigenpie P2P node operator.


# Native Restaking

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*efVpUV2RCxDm14IS" alt="" height="394" width="700"><figcaption></figcaption></figure>

## **Users are able to seamlessly access Native Restaking on Eigenpie, thanks to our alliance with ssv.network.**

This integration presents an innovative solution **poised to significantly enhance rewards for native restaking participants within the EigenLayer framework**. By decentralizing the validation process, it aims to increase the reliability and potentially the rewards of staking operations. This initiative confidently advances to enhance user engagement and trust, introducing a more rewarding strategy that empowers **ETH stakers to utilize their assets with greater efficacy and results**.

## **What is ssv.network** <a href="#id-50a9" id="id-50a9"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*nxQAQZ9oIjUAj4uJLYDWiA.png" alt="" height="394" width="700"><figcaption></figcaption></figure>

**ssv.network is a fully decentralized, open-source network for ETH staking that utilizes Secret Shared Validator** (SSV) technology. SSV, also referred to as Distributed Validator Technology (DVT), offers a transparent and straightforward framework for dividing a validator key into various KeyShares. **This technology enables the operation of an Ethereum validator across several trust-minimized node operators.**

Utilizing ssv.network to run an Ethereum validator ensures **active-active redundancy, enhances validator key protection, and provides advantages to the Ethereum network, staking pools, staking services, and individual stakers**.

In addition, each node-operator can utilize a unique selection of execution and consensus clients, ensuring optimal client-diversity; thus gaining Eigenpie’s validator set with impeccable, Ethereum-aligned client diversity.

## **The SSV Token** <a href="#id-809e" id="id-809e"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*Iqs3_MPyDG0eqO4N" alt="" height="234" width="700"><figcaption></figcaption></figure>

Secret Shared Validator (**SSV**) is the native token of ssv.network.

### **SSV token utility:** <a href="#f6bc" id="f6bc"></a>

* Payments — Act as a method for stakers to reward operators for overseeing their validators.
* Governance — Facilitates involvement in decision-making and treasury distributions related to ssv.network.

The SSV token is fundamental for the network’s capability to engage a community and incentivize the relevant stakeholders to provide meaningful contributions to the network.

## **Optimizing Native Restaking Rewards** <a href="#id-490d" id="id-490d"></a>

**EigenLayer and ssv.network can work in complete harmony**, offering complementary functionalities for native restaking. **By leveraging the ssv.network’s DVT technology, Eigenpie aims to enhance optimal liveliness, security, and decentralization for its validators**.

Integrating Eigenpie with ssv.network optimizes native restaking by decentralizing the validation process, which can increase the reliability and potentially the rewards of staking operations. **The integration works by distributing the natively restaked Ethereum across multiple operators**, ensuring continuous validation and minimizing the risks associated with centralization or validator downtime.

Through Eigenpie, **native restakers will have the opportunity to boost their earnings by receiving incentives in SSV tokens on top of their staking and restaking rewards**. These tokens act as a reward for participating in the decentralized validation process facilitated by ssv.network. Earning SSV tokens gives restakers a proportional interest in the network, enabling them to reap benefits from its aggregate staking success and have a voice in its governance decisions. This reward system is designed to encourage and incentivize active participation in the network’s maintenance and growth.

## egETH <a href="#ce32" id="ce32"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*8b4bUjNcb4EvFkTn6EFuCQ.png" alt="" height="234" width="700"><figcaption><p>egETH Token Address: <a href="https://etherscan.io/address/0x18f313Fc6Afc9b5FD6f0908c1b3D476E3feA1DD9">https://etherscan.io/address/0x18f313Fc6Afc9b5FD6f0908c1b3D476E3feA1DD9</a></p></figcaption></figure>

**Native ETH stakers will receive egETH tokens from Eigenpie upon restaking natively on our platform**. egETH is an LRT created by Eigenpie exclusively for native restakers. **Users who restake their ETH via Eigenpie will earn 2x Eigenpie Points**.

## RedStone Oracles

RedStone is a Modular Oracle that delivers frequently updated, reliable, and diverse data feeds including yield-bearing assets like LSTs, LRTs, Bitcoin LSTs and yield-accruing stablecoins.

## Chainlink Oracles

Chainlink is the industry-standard decentralized oracle network (DON) that provides smart contracts with off-chain and cross-chain data and computations in a reliable, secure, and decentralized manner.\
The feed deployed on the following address:\
<https://arbiscan.io/address/0xD3631AC9D81eD560D61957a55E9c992cdE497eb6>

## Rewards

Our platform applies a 10% rewards fee to users who delegate their native ETH to the Eigenpie P2P node operator.

**Note**:

* Native ETH Restakers on Eigenpie will earn 2x Eigenpie Points.
* Once the ssv.network’s Incentivized Mainnet Program cap is met, Eigenpie will restake ETH natively directly through Node Operators.
* Withdrawals for Native Restaking will not be opened at launch.


# Restake Native ETH via Arbitrum

<figure><img src="/files/hX1krMEODhRKAykjDurp" alt=""><figcaption><p><a href="https://www.eigenlayer.magpiexyz.io/restake">Restake ETH now via Arbitrum</a></p></figcaption></figure>

Native ETH can be restaked on Eigenpie as egETH directly from Arbitrum by leveraging the Chainlink CCIP technology. **egETH is Eigenpie’s Liquid Restaking Token specifically designed for users who restake native ETH on our platform**.

Two distinct liquid restaking features have been introduced to offer flexibility and also enable unlimited participation. Here’s an overview of each:

## **1. Fast Restake (Fast Liquid Restaking)** <a href="#id-105a" id="id-105a"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*8F-0bVTL1FrB-CHk" alt="" height="394" width="700"><figcaption></figcaption></figure>

The “Fast Restake” or “Fast Liquid Restaking” is an option that **allows users to** [**restake small amounts**](https://www.eigenlayer.magpiexyz.io/restake) **of ETH into egETH directly from Arbitrum** via Eigenpie without any cross-chain interactions. This process is enabled by the Eigenpie team, which pre-supplies a limited amount of egETH in a smart contract on Arbitrum. Users who restake their ETH can acquire this egETH, while their restaked ETH is deposited into the contract. **The maximum amount available corresponds to the quantity of egETH initially provided by Eigenpie**. Please note that a small fee will be charged by Eigenpie in order to ensure consistent and optimal operations.

## **2. Slow Restake (Slow Liquid Restaking)** <a href="#id-0693" id="id-0693"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*cObqG1hxaPmrZ9wo" alt="" height="394" width="700"><figcaption></figcaption></figure>

The “Slow Restake” or “Slow Liquid Restaking” **involves cross-chain transactions, and users must cover the network fees associated with restaking**. In this mode, users [deposit their native ETH on Eigenpie via Arbitrum](https://www.eigenlayer.magpiexyz.io/restake), and the platform bridges the ETH to Ethereum L1 for restaking using Chainlink CCIP. Eigenpie restakes 100% of the deposited ETH, and once the process is complete, users will receive egETH on Arbitrum. The entire process typically takes **about 30 minutes** under normal network conditions, as the assets are bridged, restaked, and then bridged back as egETH to Arbitrum. **This mode has no limit on restaking and is designed for large amounts of ETH**.

By integrating Chainlink CCIP, we directly connect Arbitrum users to the benefits of EigenLayer, allowing them to engage with DeFi protocols across their preferred networks. Our “Fast Restake” and “Slow Restake” options ensure that participants can interact with EigenLayer in the way that best suits their preferences and needs.


# Node Operators Integrated

Eigenpie Delegates ETH and LSTs to Node Operators

Eigenpie has integrated top Node Operators to help secure new AVSs within the EigenLayer Ecosystem


# P2P.org serves as a Node Operator for Eigenpie

<figure><img src="/files/1DjnGTwkefHaAYSvCsX9" alt=""><figcaption></figcaption></figure>

**The integration between Eigenpie and P2P.org ushers a new chapter in DeFi**, combining Eigenpie’s advanced liquid restaking solutions with the reliable validation services of P2P.org. **This venture is designed to boost user involvement and trust within the EigenLayer ecosystem** by introducing stronger and more adaptable choices, enabling users to interact more dynamically with their assets.

## **What is P2P.org?** <a href="#id-2f3a" id="id-2f3a"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*du7TwhS81OetPj9r" alt="" height="306" width="700"><figcaption></figcaption></figure>

[P2P.org](https://p2p.org/) stands out as **a premier staking provider within the cryptocurrency landscape**, renowned for its commitment to security and profound sectoral expertise. The company meticulously assesses digital assets to present only top-tier staking opportunities to its clientele. **Currently, P2P.org manages over $6.8 billion worth of assets.**

As a conduit to the expansive staking ecosystem, the P2P.org Staking Platform offers a variety of staking solutions, encompassing both direct and liquid staking, augmented by insurance to address risks associated with staking and opportunities within DeFi. **P2P.org is tailored to meet the diverse needs of institutional investors, cryptocurrency exchanges, and digital wallets**.

## **Validating Services Across EigenLayer** <a href="#edce" id="edce"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*MK45hZijG-AJ41_-" alt="" height="394" width="700"><figcaption></figcaption></figure>

**By holding Eigenpie Liquid Restaking Tokens (LRTs), users will be able to participate in the validation process managed by P2P.org**. This engagement is fundamental for maintaining security and facilitating consensus within the EigenLayer ecosystem. With its established infrastructure prowess, **P2P.org will underpin the validation of new Automated Validation Services (AVS), working as a Node Operator for the LSTs delegated by Eigenpie**, thereby fortifying the ecosystem’s reliability and performance.


# InfStones serves as a Node Operator for Eigenpie

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*X2sb2vtlhYtuNuJl" alt="" height="394" width="700"><figcaption></figcaption></figure>

**The integration between Eigenpie and InfStones heralds a new chapter in the DeFi world**, combining Eigenpie’s advanced liquid restaking solutions with InfStones’ top-tier validation services. **This collaboration seeks to boost user engagement and trust in the EigenLayer ecosystem** and offers more flexible options, allowing users to interact with their assets more actively within decentralized finance.

## **What is InfStones?** <a href="#id-087e" id="id-087e"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*KKo5VmmrrV5q9fdU" alt="" height="347" width="700"><figcaption></figcaption></figure>

[**InfStones**](https://infstones.com/) **is a leading blockchain infrastructure provider, enabling users to build Web3 applications with unmatched agility, reliability, and scalability across more than 80 leading blockchain protocols**. Its intuitive platform facilitates easy node launch and management, PoS token staking, InfStone API usage, and more. With servers distributed globally and multi-cloud deployment on Oracle® and others, InfStones guarantees seamless connectivity.

InfStones is renowned for their high standards of security and comprehensive due diligence in the digital assets space. Their proven expertise makes them an ideal partner for Eigenpie as we aim to offer our community only the best in the industry. **InfStones now supports all AVSs registered on EigenLayer**, aiming to enhance the security of these AVSs while offering higher rewards for restakers!

## **Validating Services Across EigenLayer** <a href="#id-9856" id="id-9856"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*tNM3RzVAFVgSNBwf" alt="" height="394" width="700"><figcaption></figcaption></figure>

**By possessing Eigenpie Liquid Restaking Tokens (LRTs), users can engage in the validation process managed by InfStones**. This participation is essential for upholding security and building consensus within the EigenLayer ecosystem. Utilizing its robust infrastructure, **InfStones facilitates the validation of new Automated Validation Services (AVS), acting as a Node Operator for the LSTs delegated by Eigenpie**. This collaboration enhances the ecosystem’s reliability and performance.

## Extra Rewards for Eigenpie Users <a href="#id-96ed" id="id-96ed"></a>

**Eigenpie will join InfStones’ Loyalty Points Program** by choosing InfStones as our Node Operator for those delegated LSTs and ETH. Thereby winning a share of the $1,000,000 Giveaway from InfStones! Eigenpie will facilitate the distribution of rewards from InfStones directly to the participants, adding an extra layer of value to your investments.

InfStones Loyalty Points Program is a rewards program designed to quantify and incentivize delegators’ contributions to the ever-growing InfStones ecosystem. **Delegators will earn loyalty points** through staking, referral, and community engagement. **These Loyalty Points will grant users the ability to unlock the $1,000,000 Giveaway**, as well as the opportunity to earn InfStones’ Rebates and Partner Airdrops! More details can be found on InfStones’ [blog](https://infstones.com/blog/product-safestake/introducing-infstones-loyalty-points-program-season-1-starts-661f352b7bb446fac265e10c).


# AVSs Integrated

Actively Validated Services refer to applications or platforms that leverage Ethereum's secure and decentralized environment through the EigenLayer protocol. \
\
AVSs allow new blockchain applications to utilize the Ethereum network's consensus and validation mechanisms without the need to establish their own independent consensus layers.\
\
AVS rewards are distributed on Wednesdays, with eligible ones paid in KING tokens.

## [Check Full List](https://app.eigenlayer.xyz/operator/0x7e3cede5c77cd4192d206c652db0023a89d7e5ec)


# Lagrange

<figure><img src="/files/w5bfrM4ycLCLKC2J4pWR" alt=""><figcaption></figcaption></figure>

Eigenpie is collaborating with Lagrange to delegate restaked $ETH and LSTs.

As an AVS, Lagrange utilizes Zero-Knowledge technology to empower decentralized applications by efficiently processing historical storage, receipt, and transaction data from smart contracts across extensive datasets.

Through the delegation of restaked $ETH and LSTs, Eigenpie actively supports Lagrange's efforts to enhance security via State Committees, a shared security framework providing super-linear security and cost efficiency while maintaining decentralization.


# eoracle

<figure><img src="/files/JQwXmgZJnhNRg9WqZcEy" alt=""><figcaption></figcaption></figure>

Eigenpie is collaborating with eoracle to delegate restaked $ETH and LSTs.

eoracle network is an AVS that functions as a programmable data layer that extends Ethereum's Proof of Stake. This enables the connection of smart contracts with real-world data, enhancing the utility and reach of decentralized applications.

Through the delegation of restaked $ETH and LSTs, Eigenpie is actively supporting eoracle's efforts to establish an Ethereum-native oracle. eoracle upholds Ethereum's core principles of decentralization, transparency, and security, thereby strengthening the blockchain's infrastructure and reliability.


# OpenLayer

<figure><img src="/files/dD8p3EfMS02oBI07T7bo" alt=""><figcaption></figcaption></figure>

Eigenpie is collaborating with OpenLayer AVS to delegate restaked $ETH and LSTs.

As an AVS, OpenLayer is the first modular, authentic data layer powered by users, combining optimistic execution, cryptographic verification, and decentralized physical infrastructure. It aims to enable the next level of scale and connectivity in the web3 space.

Through the delegation of restaked $ETH and LSTs, Eigenpie actively supports OpenLayer's efforts to unlock the potential of the Internet by providing the first authentic and verifiable data layer, empowering both web3 and web2 use cases.


# Eigenpie Enterprise

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*eJ1jd9ytKMNaL3DCt77ZyA.png" alt="" height="394" width="700"><figcaption></figcaption></figure>

As we forge ahead in the world of Restaking, **we are proud to introduce Eigenpie Enterprise**, our latest innovation designed to meet the specific needs of institutional clients around the globe. This new service underscores our dedication to the long-term development of the Ethereum ecosystem, highlighting our commitment to both innovation and our clients’ success in this evolving sector.

As institutional interest in decentralized finance grows, Eigenpie has crafted a specialized security-oriented framework that enables global companies and fund managers to access EigenLayer’s native restaking and LRT landscape without added risks. This innovative solution is designed to integrate institutional investors as enduring and engaged contributors within DeFi.

## **Restaking** <a href="#id-8643" id="id-8643"></a>

Restaking allows participants within decentralized finance to stake ETH on both the Ethereum blockchain and other systems simultaneously using EigenLayer technology. This can enhance their returns and support multiple services at the same time. There are two ways to benefit from restaking:

* **Native Restaking** — Refers to the process of restaking ETH that is already staked directly on the Ethereum Beacon Chain to tap into new sources of yields through EigenLayer’s infrastructure.
* **Liquid Restaking** — Refers to the process of restaking ETH LSTs. LRTs (Liquid Restaking Tokens) represent a liquid restaked version of ETH LSTs, which enable holders to expand their opportunities  to earn rewards for their active participation from their native staked ETH, their liquid staked ETH, and further exploring benefits with their LRTs within the EigenLayer ecosystem. LRTs aim to enhance the utility of ETH while maintaining flexibility for investors.

## **Reliable Access to DeFi via Eigenpie** <a href="#dbb6" id="dbb6"></a>

Institutions need strategies that maximize their potential returns, manage risks effectively, and boost operational efficiency. **Eigenpie Enterprise facilitates engagement on multiple services via restaking, thereby optimizing asset allocation and bolstering secure-centric, scalable investment strategies**. As organizations integrate DeFi, they help blend blockchain technology with traditional systems. This development leads to more mature markets and wider adoption, allowing them to offer more innovative services.

**Eigenpie has developed two solutions tailored for institutions to tap into Restaking Opportunities, depending on their specific requirements:**

## **Version 1** <a href="#id-8f0a" id="id-8f0a"></a>

Eigenpie Enterprise version 1 allows institutions to mint Eigenpie LRT according to their position in EigenLayer.

* **No additional risk**

The first solution presented by Eigenpie Enterprise allows institutional companies to safely engage with native restaking and Liquid Restaking (LRTs) in the EigenLayer ecosystem. Institutions can independently deposit into EigenLayer and then mint Eigenpie LRT tokens based on their position within EigenLayer. This process ensures that institutions can manage their investments directly, enhancing security and control over their financial activities in the ecosystem.

* **Capital Efficiency Enhancement**

When institutions engage with LRTfi platforms like Zircuit and Swell L2, they can utilize strategies to benefit from extra yield by participating in LRTfi. These features are designed to enhance capital efficiency by providing additional avenues for generating returns.

### **Mint Flow: Version 1** <a href="#id-46dc" id="id-46dc"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*JNBlyy2WJbj_t3Cm" alt="" height="394" width="700"><figcaption></figcaption></figure>

* **Restake:** An institution restakes ETH or a platform-specific LST into the EigenLayer smart contract. This deposit is a critical first step in minting Eigenpie LRT.
* **Whitelist:** The institution must be whitelisted by Eigenpie, which involves undergoing a verification process, such as KYC checks, to be approved for minting operations, ensuring regulatory compliance.
* **Mint:** After the deposit and whitelisting, the institution can invoke the mint function on the Eigenpie Contract, allowing for the creation of an Institution LRT Holding Contract and the minting of LRT according to the institution’s ETH/LST balance in EigenLayer to the Institution LRT Holding Contract.
* **Participate:** These LRTs, received by institutions, are enabled to be utilized across whitelisted LRTfi platforms while their ETH or LSTs remain within the EigenLayer smart contract.

### **Burn Flow: Version 1** <a href="#id-4908" id="id-4908"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*1JyYsCN6d9Fd8Ppy" alt="" height="394" width="700"><figcaption></figcaption></figure>

* **Withdrawal:** Institutions can withdraw ETH or LSTs from EigenLayer, reducing the collateral that was backing some of its minted LRTs. The institution must notify Eigenpie15 days in advance before withdrawing.
* **Discrepancy Check:** The system performs a check to detect any discrepancies between the amount of LRT held by the institution in their LRT Holding Contract and the actual balance of ETH/LST on EigenLayer.
* **Burning:** If a discrepancy is found due to the withdrawal (e.g., excess LRT), a burning mechanism is triggered to destroy the excess LRT, ensuring the remaining LRT is properly backed by the actual collateral available. This maintains the integrity and value of the circulating LRTs.

### **Risks Factors and Mitigation Strategies** <a href="#id-0912" id="id-0912"></a>

In the version 1 setup of institutional services within Eigenpie, we’ve identified several risk factors that necessitate strategic measures to ensure stability and security. Given the ability of institutions to withdraw ETH/LST from EigenLayer at their discretion, it is imperative to restrict their participation in certain activities. Specifically, they should be prohibited from engaging in lending protocols that use LRT as collateral to prevent financial losses during liquidations, where they might withdraw their assets preemptively. Additionally, since EigenLayer points are directly credited to institutional wallets, we find it impractical for these entities to participate in the Pendle market, where transferring points to YT holders is necessary. **For version 1, we will only whitelist Zircuit & Swell L2 pre-deposits at the beginning** due to their lower-risk LRTfi opportunity, ensuring the highest safety and integrity for the Eigenpie ecosystem.

There is also a potential risk of institutions exploiting their positions to engage in “double spending” by using the same ETH/LST in multiple LRT projects. **To address this, we are implementing legal agreements that ensure institutions only tokenize their EigenLayer position for one project at a time**. This approach is solidified by the mint transaction from their wallets, serving as a verification mechanism, thus safeguarding the integrity of our platform.

The solution enables institutions to engage with native restaking and Liquid Restaking (LRTs) in the EigenLayer ecosystem safely by **imposing specific restrictions on their participation in DeFi protocols and establishing binding legal agreements**. These measures prevent institutions from tokenizing the same assets multiple times across different projects and limit their exposure to risky financial activities, effectively mitigating additional risks and safeguarding both the institution’s and the ecosystem’s financial health.

## **Version 2** <a href="#f93f" id="f93f"></a>

The first version designed to bring institutions into LRTFi limits their involvement with specific DeFi protocols, like lending services and Pendle Finance, to avoid possible bad debt. The first version makes it easy for institutions to get started with LRTFi without adding new risks. **After they’ve joined and experimented with LRTFi, they can choose to migrate to version 2 by migrating their existing EigenLayer holdings from their EOA/Custodian wallet to the Eigenpie Institution Node Delegator, which comes with enhanced access controls.** Institutions will be limited to withdrawing funds equal to their LRT balance, opening up additional DeFi opportunities, such as lending. In case of a liquidation that decreases their LRT balance, the institution will have to absorb the loss since they won’t be able to withdraw the full amount if their LRT isn’t sufficient. **The Eigenpie Institution Node Delegator will be jointly controlled through a multisig between the institution and Eigenpie, ensuring complete control over their funds within EigenLayer**. In exchange, the institution is allowed to deposit LRT into any DeFi protocols of their choosing.

### **Mint Flow: Version 2** <a href="#id-983c" id="id-983c"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*N_-3I4APFhuGKtg_" alt="" height="394" width="700"><figcaption></figcaption></figure>

### **Burn Flow: Version 2** <a href="#d53e" id="d53e"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*HqWlVzz-bMILBzbe" alt="" height="394" width="700"><figcaption></figcaption></figure>

Institutions benefit from increased DeFi opportunities through Eigenpie’s framework, which allows for engagement in native restaking and Liquid Restaking Tokens (LRTs) through a safety-focused environment, enhancing potential returns while maintaining rigorous security standards. This approach grants institutions greater control over their funds by enabling strategic asset allocation and optimizing capital efficiency. Additionally, the system fosters deeper integration into the DeFi ecosystem, allowing institutions to leverage their positions for increased rewards and broader market influence.


# Enterprise Client: Matrixport

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*HFJbYmnDVk0l_xCI" alt="" height="394" width="700"><figcaption></figcaption></figure>

We are thrilled to announce that **Matrixport, a leading financial services provider in the cryptocurrency sector, has joined Eigenpie as the first institutional client for our newly launched Enterprise framework**. This collaboration is set to encourage institutional participation in DeFi as we expand our offerings within the EigenLayer landscape, **providing advanced liquid restaking solutions for ETH and ETH LSTs**. By collaborating with Matrixport, we aim to further enhance the capabilities and reach of our platform, setting new standards in the decentralized finance ecosystem. Together, we are committed to delivering innovative solutions that empower institutions and drive the future of finance within the cryptocurrency domain.

## **What is Matrixport?** <a href="#a5e8" id="a5e8"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*814aSdI-UUDQCDmB" alt="" height="368" width="700"><figcaption></figcaption></figure>

Matrixport is a digital asset financial services platform that provides a wide range of cryptocurrency-focused products. **Matrixport offers a comprehensive suite of crypto-investment services including institutional trading, asset management, and custody solutions**. It serves a diverse client base, ranging from individual investors to large institutions, providing them with secure and sophisticated digital asset management tools.

The company is known for its commitment to innovation and security, integrating cutting-edge technology to enhance user experience and asset safety. **As one of the fastest-growing digital asset platforms, it manages billions of dollars in assets, facilitating a seamless bridge between traditional finance and the digital asset world**. Matrixport continues to expand its services globally, aiming to democratize access to digital asset investment opportunities.

## **Institutional Restaking for Matrixport** <a href="#id-9974" id="id-9974"></a>

Eigenpie Enterprise is dedicated to broadening opportunities for institutional players by providing liquid restaking services. **This innovative approach opens up new prospects for Matrixport without adding any additional risks, thanks to a meticulously crafted structure that allows enterprises to tap into the advantages of decentralized finance through EigenLyer both easily and securely**. By facilitating restaking for ETH and ETH LSTs, Eigenpie broadens Matrixport’s participation in DeFi, actively paving the way for them to engage with leading platforms across various ecosystems, ensuring a premium experience.


# Eigenpie Points

Eigenpie points qualify users for an EGP token airdrop and IDO allocation from Eigenpie, based on their accumulated points.

The Eigenpie points system is designed to reward users for their participation and contribution to the platform. By simply depositing supported ETH-based Liquid Staking Tokens (LSTs) on the platform, users automatically accumulate points based on the duration of their holdings. These points can be redeemed for future benefits such as token airdrops and IDO allocations. The system emphasizes long-term holding and consistent participation, with a transparent and fair calculation mechanism.

#### 🧾 Points Dashboard & Support

* A points tracking [**dashboard**](https://www.eigenlayer.magpiexyz.io/dashboard) will be available on the official website to check both **S1 and S2** points.
* If discrepancies are found, users can submit a ticket through the [**Discord support system**.](https://discord.com/channels/970882188411297802/1287697105229713541)


# Referral

## [**Refer and Earn More**](https://blog.eigenpiexyz.io/eigenpies-point-system-and-low-fdv-ido-b75678bad213) <a href="#id-40aa" id="id-40aa"></a>

Early depositors on Eigenpie have the opportunity to participate in our early access campaign and refer their friends. **By referring others, depositors can earn additional points proportional to the points accumulated by their referees**. For each point a referee accumulates, the referrer will earn 0.1 points at the end of each hour.

Referrers and referees form a group that can be expanded by adding more referrals from the group participants.

## **Group constitution example:** <a href="#a953" id="a953"></a>

A refers B, A refers D

B refers C

**A, B, C, and D will be in the same group.**

E refers F

F refers G

**E, F, and G will be in the same group.**

If a group surpasses a certain amount of Liquid Staking ETH deposits (as specified below), a point multiplier will be activated for each group member based on their group bracket.

## **Here are the group point multiplier brackets:** <a href="#id-0639" id="id-0639"></a>

<figure><img src="/files/QXSPsbNlqfTdtcv4iQee" alt=""><figcaption></figcaption></figure>

Basically If a group surpasses 1000 ETH LSTs, then all users in this group will accumulate 1.6 points per hour per LST they deposit.

## **Example:** <a href="#id-8004" id="id-8004"></a>

**At 12 pm:**

User **A** deposits **20 ETH** to Eigenpie.

**At 5 pm:**

**User A**: Accumulates **20 \* 5 = 100** points

**User B:** Deposits **20 ETH**

**At 7 pm:**

**User B:** Accumulates **20 \* 2 = 40** points

**User A:** Accumulates **100 + 20 \* 2 = 140** points; also, **40 \* 0.1 = 4** points come from the **referral of User B**. In total, **140 + 4 = 144** points were accumulated by **User A.**

## Table of Accumulated Points for User A: <a href="#id-0376" id="id-0376"></a>

<figure><img src="/files/xlRXg1rw4NDeWrnh2XZB" alt=""><figcaption></figcaption></figure>


# Season 1

<figure><img src="/files/7egGfXKJ6Tu6Llgzhwn0" alt=""><figcaption></figcaption></figure>

## Eigenpie Points Season 1 Overview

### [ Campaign Timeline & Early Rewards](https://blog.eigenpiexyz.io/eigenpies-point-system-and-low-fdv-ido-b75678bad213)

* The exact start date of Season 1 was not announced, but the final snapshot was taken at **12:00 AM UTC on August 15**, marking the end of point accumulation for S1.
* During the **first 15 days** after the campaign launch, all LST deposits earned **double points (2x multiplier)**.

***

### [Points Mechanism & Utility](https://blog.eigenpiexyz.io/eigenpies-point-system-and-low-fdv-ido-b75678bad213)

* Users who deposited supported ETH LSTs (Liquid Staking Tokens) on Eigenpie accumulated points.
* **Earning rate:** 1 point per hour per 1 LST held.
* The **final snapshot** for S1 was taken at **12:00 AM UTC on August 15**. After that, any continued accumulation by LRT holders or LPs automatically counted toward **Season 2 (S2)**.

### **Points could be used for:**

* [**EGP Airdrop**](https://blog.eigenpiexyz.io/conclusion-of-eigenpie-points-season-1-and-commencement-of-season-2-3bfe46564647) (10% of total EGP supply)
* [**EGP IDO Allocation**](https://blog.eigenpiexyz.io/the-eigenpie-priority-access-b941821e3f46) (from the 34% private round, S1 users receive 24% of total EGP supply)

***

### [EGP Airdrop Distribution](https://blog.eigenpiexyz.io/conclusion-of-eigenpie-points-season-1-and-commencement-of-season-2-3bfe46564647) (Exclusive to S1 Participants)

* **Total airdrop allocation:** 10% of total EGP supply to S1 point holders

**Split into two phases:**

**Phase 1 (on TGE date)**

* Allocation: 6% of total EGP supply
* Basis: Proportional to each user’s share of Season 1 points

**Phase 2 (after S2 ends)**

* Allocation: 4% of total EGP supply
* Eligibility: Only users who earned points in Season 1
* Basis: Proportional to their **combined S1 + S2** point total

***

### [EGP IDO Allocation](https://blog.eigenpiexyz.io/the-eigenpie-priority-access-b941821e3f46)

* The 24% share of IDO allocation (from the 34% private round) is distributed **based solely on Season 1 points**.
* Season 1 point holders can use this allocation to purchase EGP at the launch price.

***


# Season 2

<figure><img src="/files/fvauW2bxoYRKCliFTpGH" alt=""><figcaption></figcaption></figure>

## Eigenpie Points Season 2 Overview

### [Program Duration and Allocation](https://blog.eigenpiexyz.io/conclusion-of-eigenpie-points-season-1-and-commencement-of-season-2-3bfe46564647)

* **Start Date:** August 15th, 12:00 AM UTC
* **Duration:** 6 months
* **Total Allocation:** 5% of total EGP supply will be distributed to participants
* **Earning rate:** 1 point per hour per 1 LST held

### Eigenpie Points for vlEGP holders

* vlEGP holders in a locked state will earn 1 Eigenpie Point per hour.&#x20;
* Points will be calculated retroactively from the launch of vlEGP.
* 1 vlEGP in locked state = 1 Eigenpie Point per hour.

### [EGP Airdrop Distribution (Exclusive to S2 Participants)](https://blog.eigenpiexyz.io/conclusion-of-eigenpie-points-season-2-and-commencement-of-season-3-e4f27b49faaa)

* **Total airdrop allocation:** 5% of total EGP supply to S2 point holders

**Split into two phases:**

**Phase 1**&#x20;

* Allocation: 3% of total EGP supply
* Basis: Proportional to each user’s share of Season 1 points

**Phase 2 (after S3 ends)**

* Allocation: 2% of total EGP supply
* Eligibility: Only users who earned points in Season 2
* Basis: Proportional to their **combined S2 + S3** point total


# Season 3

<figure><img src="/files/N9YUTLkJmile4SoTjMh7" alt=""><figcaption></figcaption></figure>

## Eigenpie Points Season 3 Overview

### [Program Duration and Allocation](https://blog.eigenpiexyz.io/conclusion-of-eigenpie-points-season-2-and-commencement-of-season-3-e4f27b49faaa)

* **Start Date:** February 15th, 00:00 UTC
* **Duration:** 6 months
* **Total Allocation:** 3.5% of total EGP supply will be distributed to participants
* **Earning rate:** \
  a.  1 point per hour per 1 LST held \
  b.  1 vlEGP in locked state = 1 Eigenpie Point per hour.

### Eigenpie Points for vlEGP holders

* vlEGP holders in a locked state will earn 1 Eigenpie Point per hour.&#x20;
* Points will be calculated retroactively from the launch of vlEGP.
* 1 vlEGP in locked state = 1 Eigenpie Point per hour.

### Key Adjustments for Season 3

#### 1. egETH Pool Boost Adjustment

* **New Boost Rate:** 1x
* **Purpose:** Standardizes reward distribution for egETH pool participants.

**2. DeFi Integration Pool Boost**

* **New Boost Rate:** 2x
* **Applies To:** All DeFi integration pools
* **Purpose:** Enhances incentives for providing liquidity to strategic partners.

#### 3. EIGEN Delegation Pool Removal

* **Change:** Point rewards for the EIGEN delegation pool are removed.
* **Purpose:** Streamlines reward structure.

#### 4. mEIGEN Pool Rewards

* **Earning Rate:** 0.01 points per hour per mEIGEN held
* **Purpose:** Provides consistent reward opportunity for mEIGEN holders.

### Vesting and Future Plans

* **Vesting Schedule:** To be announced at the end of Season 3
* **Goal:** Ensure fair and balanced reward distribution based on engagement
* **Final Airdrop Details:** Will be disclosed in future updates

### Important Notes

* Users maintaining existing LRT positions will continue to earn points.
* Active engagement and strategic participation are encouraged.


# Season 4

<figure><img src="/files/GiIK1mcElKoPQjgE8o1q" alt=""><figcaption></figcaption></figure>

## Eigenpie Points Season 4 Overview

### [Program Duration and Allocation](https://blog.eigenpiexyz.io/conclusion-of-eigenpie-points-season-3-and-commencement-of-season-4-6ce6b07c75ec)

* Start Date: August 15th, 12:00 AM UTC
* Duration: 6 months
* Allocation: 2% of total EGP supply distributed to S4 participants
* Reward Structure: mRED has been included in Season 4. Points accumulated through LRT positions, restaker boosts, and DeFi opportunities remain unchanged from Season 3.

### Eigenpie Points for vlEGP Holders

* vlEGP holders in a locked state will earn 1 Eigenpie Point per hour.
* 1 vlEGP in locked state = 1 Eigenpie Point per hour.

### Season 4 Details

1\. egETH Pool Boost Adjustment

* Boost Rate: 1x
* Purpose: Standardizes reward distribution for egETH pool participants.

2\. DeFi Integration Pool Boost

* Boost Rate: 2x
* Applies To: All DeFi integration pools
* Purpose: Enhances incentives for providing liquidity to strategic partners.

3\. EIGEN Delegation Pool Removal

* Change: Point rewards for the EIGEN delegation pool are removed.
* Purpose: Streamlines reward structure.

4\. mEIGEN Pool Rewards

* Earning Rate: 0.01 points per hour per mEIGEN held
* Purpose: Provides consistent reward opportunities for mEIGEN holders.

5\. mRED Pool Rewards

* Earning Rate: 0.005 points per hour per mRED held
* Purpose: Maximize reward opportunities for mRED holders.

### Season 4 Vesting and Next Steps

* Season 4 airdrop distribution will be finalized at the end of the season.
* Vesting schedule details will be announced closer to the distribution date.
* Points accumulation runs from August 15th, 00:00 UTC, for 6 months.
* Users maintaining LRT positions continue to earn points automatically.


# Tokens

{% content-ref url="/pages/RUxjtKPrsoPHHrHqQtAw" %}
[EGP](/tokens/egp)
{% endcontent-ref %}

{% content-ref url="/pages/P91dwfAGasJiNLJ4lfNE" %}
[mRED](/tokens/mred)
{% endcontent-ref %}

{% content-ref url="/pages/7hYkRX5LhuZWBDNbweWf" %}
[mEIGEN](/tokens/meigen)
{% endcontent-ref %}


# EGP

<figure><img src="/files/cH7jT0AlvIFDSyW0GY9N" alt=""><figcaption></figcaption></figure>

EGP is the governance and reward earning token of the Eigenpie ecosystem. By integrating with different protocols and fostering innovation, Eigenpie aligns the platform's growth with participants' prosperity through EGP, driving user engagement.


# EGP Tokenomics

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*tYkZOJK0Zl0BcNeU" alt="" height="394" width="700"><figcaption></figcaption></figure>

## **Token Information** <a href="#id-8bd2" id="id-8bd2"></a>

* **Name:** Eigenpie Token
* **Symbol:** EGP
* **Total Supply:** 10 Million
* **Token Type:** ERC-20

## **EGP Token Distribution** <a href="#id-33a8" id="id-33a8"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*Uzb51FdLgdRSBcsu" alt="" height="394" width="700"><figcaption></figcaption></figure>

The distribution of EGP tokens is designed to be fair and transparent, supporting the long-term growth and stability of Eigenpie.

## **Treasury Allocation Details** <a href="#id-4a2c" id="id-4a2c"></a>

The Magpie Treasury will receive 15% of the total EGP Tokens, which will be subject to a two-year vesting schedule. This allocation is part of our strategic initiative and underscores our commitment to valuing vlMGP holders. We appreciate the trust and support from our community and are focused on advancing vlMGP. Funds from this treasury allocation will be distributed to vlMGP holders as a token of our gratitude. Our ongoing goal is to enhance value for vlMGP holders, looking forward to a successful and collaborative future.


# Vote-Locked EGP

vlEGP

Vote-Locked EGP is the locked version of EGP.

<figure><img src="/files/13uPEIa6xVeSDhXpCn2B" alt=""><figcaption><p>Vote-Locked EGP is the locked version of EGP</p></figcaption></figure>

## Users must lock EGP as vlEGP to: <a href="#users-must-lock-ckp-as-vlckp-to" id="users-must-lock-ckp-as-vlckp-to"></a>

* Earn rewards on Eigenpie
  * EIGEN Tokens
  * Zircuit Tokens
  * Fee from restakers
  * Future AVS token reward (as AVSs launch their own token&#x20;
* 5% of the AVS active participation rewards derived from restaking actions will be distributed to vlEGP holders.
* Participate in the governance and decision-making of Eigenpie

## How can I get vlEGP? <a href="#how-can-i-get-vlmgp" id="how-can-i-get-vlmgp"></a>

Users can lock EGP on Eigenpie to get vlEGP at 1:1 ratio.

## How does lock / unlock work? <a href="#how-does-lock-unlock-work" id="how-does-lock-unlock-work"></a>

* Once EGP is locked, it is in lock state indefinitely.
* Users must "Start Unlock" to start a 60 day unlock period known as "Cool Down".
* Users can "Force Unlock" to unlock their vlEGP before 60 days by paying a penalty fee.
* To fully unlock vlEGP without penalty users must wait 60 days for the Cool Down period to end.
* vlEGP holders are not able to earn rewards or participate in voting during the Cool Down period for their tokens.
* At day 1, penalty cost is 80% of the total EGP tokens locked by the user and will decrease non-linearly over time.

<figure><img src="/files/6Wm1KE83a7XWqqSKlySK" alt=""><figcaption></figcaption></figure>

## There are three states of vlEGP:

**1. Lock state:** By default, vlEGP is in the locked state and has the ability to vote for Eigenpie governance and earn rewards on Eigenpie.

**2. Cooldown (or unlocking) state:** Once you "Start Unlock," your vlEGP will enter a cooldown state. At this point, you can select the amount of vlEGP to begin the unlocking process. While in the cooldown state, your vlEGP will not earn rewards and will not be able to vote for Eigenpie governance.

**3. Expired state:** After the "Cooldown" period concludes, your vlEGP will enter the expired state.

## What happens with tokens accumulated from penalty? <a href="#what-happens-with-tokens-accumulated-from-penalty" id="what-happens-with-tokens-accumulated-from-penalty"></a>

The community will determine the use of the accumulated penalty.


# EGP Airdrop for Web3 Wallet users from Binance and OKX

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*nhk3C40_NMpLMzkctm-OOw.jpeg" alt="" height="394" width="700"><figcaption></figcaption></figure>

Aligned with our commitment to fostering the growth of Eigenpie’s community and core supporters, 1% of the total EGP token supply from Eigenpie will be distributed as an airdrop to Web3 Wallet users from Binance and OKX. **This initiative will distribute EGP tokens among 100,000 active Web3 users from CEX**.

## **For Binance Web3 Wallet Users** <a href="#id-249a" id="id-249a"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*g-BEWpqbrD0iXEpt" alt="" height="394" width="700"><figcaption></figcaption></figure>

In essence, **the EGP tokens will be airdropped to the first 60,000** [**Web3 Wallet**](https://www.binance.com/en/web3wallet) **users on Binance who took part in the** [**BounceBit Binance Megadrop**](https://www.binance.com/en/support/announcement/bouncebit-bb-megadrop-is-now-open-subscribe-to-bnb-locked-products-or-complete-web3-quests-to-participate-a0a11e79467e4ee6a937348005f7c84f) **Web3 Quest**. This distribution accounts for 0.60% of the total EGP token supply, which is equivalent to 60% of the allocated 1% airdrop for this initiative.

## **For OKX Web3 Wallet Users** <a href="#id-5a3b" id="id-5a3b"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*5Wp15WGYcZzU5fI1" alt="" height="394" width="700"><figcaption></figcaption></figure>

**40% of the 1% airdrop has been designated for 40,000** [**OKX Web3 wallet**](https://www.okx.com/web3) **users** who conducted swaps over $10 in volume using the OKX DEX aggregator on Ethereum, BNB Chain, Arbitrum, Optimism, and Base prior to April 8, 2024, at 12 AM UTC.

## **EGP 1% Airdrop Claiming** <a href="#id-76c6" id="id-76c6"></a>

Eligible users will be able to claim their corresponding airdrops from CEX or L2s to avoid high claiming gas fees on Ethereum. **The airdrop will be claimable after the EGP token TGE is completed**.


# EGP Chart

Tools to track the price of EGP

[GeckoTerminal](https://www.geckoterminal.com/arbitrum/pools/0x02c12fd05cb0d26579789abcfdc58b07db755236?utm_campaign=contract_selector\&utm_medium=referral\&utm_source=coingecko)


# mRED

mRED is the Liquid Staking Token for RED tokens staked on EigenLayer through Eigenpie. It allows users to maintain asset liquidity while staking and earn additional rewards from EigenLayer.\
\
mRED Smart Contrats\
<https://etherscan.io/address/0xD48067f122AFC3a58f0F79611f5F1AfAe0d7f25B>

<figure><img src="/files/pjAcMGexgSw22uLgpqQx" alt=""><figcaption></figcaption></figure>


# mEIGEN

mEIGEN is the Liquid Restaking Token for EIGEN tokens restaked on EigenLayer through Eigenpie. It allows users to maintain asset liquidity while restaking and earn additional rewards from EigenLayer.

mEIGEN Smart Contrats\
<https://etherscan.io/token/0xa7e163b063E7B13A7E9a50c6977BE228D06870A1>

<figure><img src="/files/oTLoBJ4FaoK2ImpJs7ks" alt=""><figcaption></figcaption></figure>


# Eigenpie LRTs

List of Liquid Restaked Tokens created by Eigenpie

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*BqfK6ujPJS6zEJwCzohx3g.png" alt=""><figcaption></figcaption></figure>

Isolated Liquid Restaked Tokens are LSTs restaked by Eigenpie that can only be minted by depositing a specific LST, not a basket of different LSTs. Users can deposit their LSTs on Eigenpie to receive a liquid restaked version of their specific assets.


# egETH

<figure><img src="/files/4q5d9Sg61rmf2OcbGjPd" alt=""><figcaption><p>egETH Contract: <a href="https://etherscan.io/address/0x18f313Fc6Afc9b5FD6f0908c1b3D476E3feA1DD9">https://etherscan.io/address/0x18f313Fc6Afc9b5FD6f0908c1b3D476E3feA1DD9</a></p></figcaption></figure>

egETH - Eigenpie’s Liquid Restaking Token specifically designed for users who restake native ETH on our platform. egETH is exclusively backed by native ETH and is not associated with any Liquid Staking Tokens (LSTs).


# mstETH

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*3F_mY6l0qvxjKnoy" alt="" height="316" width="700"><figcaption><p><strong>mstETH Contract:</strong> <a href="https://etherscan.io/token/0x49446a0874197839d15395b908328a74ccc96bc0">https://etherscan.io/token/0x49446a0874197839d15395b908328a74ccc96bc0</a></p></figcaption></figure>

mstETH — An Isolated Liquid Restaked version of the stETH LST created by Eigenpie. mstETH can only be minted by restaking stETH from Lido via Eigenpie and is not related to any other asset.


# mrETH

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*BFgdYp2KfO1qa8pl" alt="" height="308" width="700"><figcaption><p><strong>mrETH Contract:</strong> <a href="https://etherscan.io/address/0xd05728038681bcc79b2d5aeb4d9b002e66c93a40">https://etherscan.io/address/0xd05728038681bcc79b2d5aeb4d9b002e66c93a40</a></p></figcaption></figure>

mrETH — An Isolated Liquid Restaked version of the rETH LST created by Eigenpie. mrETH can only be minted by restaking rETH from Rocket Pool via Eigenpie and is not related to any other asset.


# mwBETH

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*gJIj-bjMNXMeIx6hQE0FAw.png" alt="" height="307" width="700"><figcaption><p><strong>mwBETH Contract:</strong> <a href="https://etherscan.io/token/0xE46a5E19B19711332e33F33c2DB3eA143e86Bc10">https://etherscan.io/token/0xE46a5E19B19711332e33F33c2DB3eA143e86Bc10</a></p></figcaption></figure>

mwBETH — An Isolated Liquid Restaked version of the wBETH LST created by Eigenpie. mwBETH can only be minted by restaking wBETH from Binance via Eigenpie and is not related to any other asset.


# mmETH

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*YM0F-hbk9kVDqS7k" alt="" height="336" width="700"><figcaption><p><strong>mmETH Contract:</strong> <a href="https://etherscan.io/address/0x8a053350ca5f9352a16ded26ab333e2d251dad7c">https://etherscan.io/address/0x8a053350ca5f9352a16ded26ab333e2d251dad7c</a></p></figcaption></figure>

mmETH — An Isolated Liquid Restaked version of the mETH LST created by Eigenpie. mmETH can only be minted by restaking mETH from Mantle via Eigenpie and is not related to any other asset.


# msfrxETH

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*WwNm0D_bD9N-gBgE" alt="" height="325" width="700"><figcaption><p><strong>msfrxETH Contract:</strong> <a href="https://etherscan.io/address/0x879054273cb2dad631980fa4efe6d25eefe08aa4">https://etherscan.io/address/0x879054273cb2dad631980fa4efe6d25eefe08aa4</a></p></figcaption></figure>

msfrxETH — An Isolated Liquid Restaked version of the sfrxETH LST created by Eigenpie. msfrxETH can only be minted by restaking sfrxETH from Frax Finance via Eigenpie and is not related to any other asset.


# mcbETH

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*teTb3wIz6974kVxtv5ra2g.png" alt="" height="306" width="700"><figcaption><p><strong>mcbETH Contract:</strong> <a href="https://etherscan.io/token/0xD09124e8a1e3D620E8807aD1d968021A5495CEe8">https://etherscan.io/token/0xD09124e8a1e3D620E8807aD1d968021A5495CEe8</a></p></figcaption></figure>

mcbETH — An Isolated Liquid Restaked version of the cbETH LST created by Eigenpie. mcbETH can only be minted by restaking cbETH from Coinbase via Eigenpie and is not related to any other asset.


# mswETH

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*8pDhRQwTL1iZu-jKmo8WlQ.png" alt="" height="303" width="700"><figcaption><p><strong>mswETH Contract:</strong> <a href="https://etherscan.io/token/0x32bd822d615A3658A68b6fDD30c2fcb2C996D678">https://etherscan.io/token/0x32bd822d615A3658A68b6fDD30c2fcb2C996D678</a></p></figcaption></figure>

mswETH — An Isolated Liquid Restaked version of the swETH LST created by Eigenpie. mswETH can only be minted by restaking swETH from Swell via Eigenpie and is not related to any other asset.


# mETHx

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*Fq-Nnn_0Y5iITgMehbpIgw.png" alt="" height="304" width="700"><figcaption><p><strong>mETHx Contract:</strong> <a href="https://etherscan.io/token/0x9a1722b1f4A1BB2F271211ade8e851aFc54F77E5">https://etherscan.io/token/0x9a1722b1f4A1BB2F271211ade8e851aFc54F77E5</a></p></figcaption></figure>

mETHx — An Isolated Liquid Restaked version of the ETHx LST created by Eigenpie. mETHx can only be minted by restaking ETHx from Stader via Eigenpie and is not related to any other asset.


# mosETH

<figure><img src="/files/hTBvs2O9cDrcFZP9qzmg" alt=""><figcaption><p>mosETH Contract: <a href="https://etherscan.io/token/0x352a3144e88D23427993938cfd780291D95eF091">https://etherscan.io/token/0x352a3144e88D23427993938cfd780291D95eF091</a></p></figcaption></figure>

mosETH — An Isolated Liquid Restaked version of the osETH LST created by Eigenpie. mosETH can only be minted by restaking osETH from StakeWise via Eigenpie and is not related to any other asset.


# mankrETH

<figure><img src="/files/4miQKu9YIv2RCgCw5Yh6" alt=""><figcaption><p>mankrETH Contract: <a href="https://etherscan.io/token/0x5A4A503F4745c06A07E29D9a9DD88aB52f7a505B">https://etherscan.io/token/0x5A4A503F4745c06A07E29D9a9DD88aB52f7a505B</a></p></figcaption></figure>

mankrETH — An Isolated Liquid Restaked version of the ankrETH LST created by Eigenpie. mankrETH can only be minted by restaking ankrETH from Ankr via Eigenpie and is not related to any other asset.


# mOETH

<figure><img src="/files/49PcLUu6BDPuOPZwHFMq" alt=""><figcaption><p>mOETH Contract: <a href="https://etherscan.io/token/0x310718274509a38cc5559a1ff48c5eDbE75a382B">https://etherscan.io/token/0x310718274509a38cc5559a1ff48c5eDbE75a382B</a></p></figcaption></figure>

mOETH — An Isolated Liquid Restaked version of the OETH LST created by Eigenpie. mOETH can only be minted by restaking OETH from Origin via Eigenpie and is not related to any other asset.


# mLsETH

<figure><img src="/files/gqN7Fa3UNbY9OTgAYuII" alt=""><figcaption><p>mLsETH Contract: <a href="https://etherscan.io/token/0xa939C02DbA8F237b40d2A3E96AD4252b00Bb8a72">https://etherscan.io/token/0xa939C02DbA8F237b40d2A3E96AD4252b00Bb8a72</a></p></figcaption></figure>

mLsETH — An Isolated Liquid Restaked version of the LsETH LST created by Eigenpie. mLsETH can only be minted by restaking LsETH from Liquid Collective via Eigenpie and is not related to any other asset.


# DeFi Integrations

Leverage your Eigenpie LRTs to explore new yield opportunities within DeFi and boost your Eigenpie Points accumulation while still earning rewards from restaking.

* LRT holders from Eigenpie have the opportunity to accumulate more Eigenpie Points by participating across different platforms.
* By depositing LRTs into different integrations, users can potentially accumulate points/benefits from other protocols.

## Enter the Eigenpie [DeFi page](https://www.eigenlayer.magpiexyz.io/defi) and find different opportunities to use your LRTs.

### 1. Provide Liquidity on Curve

<figure><img src="/files/pjVH6Ug5kr6AT9SFCXvN" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/bwOYhPc8PmTGuxvgkzd2" alt=""><figcaption></figcaption></figure>

### 2. Provide Liquidity on PancakeSwap

<figure><img src="/files/J1pjJGd55Z68PgEIJzhd" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/7tVGYaquJnue70d90ek0" alt=""><figcaption></figcaption></figure>

### 3. Deposit your LRTs from Eigenpie in Zircuit

<figure><img src="/files/17npk9lX8Vq5cXSfSWIO" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/jExtH7UZALci3XHNxThE" alt=""><figcaption><p>mstETH, mswETH and mwBETH holders can get 2x Eigenpie Points and 2x Zircuit Points by depositing their LRTs on Zircuit</p></figcaption></figure>

### 4. Deposit your LRTs from Eigenpie in zk.Link Nova

<figure><img src="/files/Fc5suY8N8pfwZtkkaiuB" alt=""><figcaption><p>mmETH, mstETH and mswETH holders can get 2x Eigenpie Points and 2x zk.Link Nova Points by depositing their LRTs on zk.Link Nova</p></figcaption></figure>

<figure><img src="/files/o7X31Bo9BjWqHMSJkIeN" alt=""><figcaption><p>mwBETH holders can get 2x Eigenpie Points and 2x zk.Link Nova Points by depositing mwBETH on zk.Link Nova</p></figcaption></figure>

### 5. Deposit your LRTs from Eigenpie in Airpuff

<figure><img src="/files/GbwmsG4pzSud49NxuK4G" alt=""><figcaption></figcaption></figure>

### 6. Deposit your LRTs from Eigenpie in Swell L2

<figure><img src="/files/PfZWjImY67OVeGkrkhSy" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/XPSLuGE9vAukC9pb2K0W" alt=""><figcaption><p>mswETH holders can get 3x Eigenpie Points and 1.5x Pearls by depositing mswETH on Swell L2</p></figcaption></figure>

<figure><img src="/files/uqT6NP2HNIJCpRkUPXdj" alt=""><figcaption><p>mmETH, mstETH and mwBETH holders can get 2x Eigenpie Points by depositing their LRTs on Swell L2</p></figcaption></figure>

### 6. Deposit your LRTs from Eigenpie in SKarak Network

<figure><img src="/files/sAuembsPhaSJdrBb5bxK" alt=""><figcaption></figcaption></figure>


# Smart Contracts

## Platform

{% tabs %}
{% tab title="Ethereum" %}

<table><thead><tr><th width="184">Contract</th><th>Address</th></tr></thead><tbody><tr><td>eigenConfig</td><td><a href="https://etherscan.io/address/0x20b70E4A1883b81429533FeD944d7957121c7CAB				
">https://etherscan.io/address/0x20b70E4A1883b81429533FeD944d7957121c7CAB				<br></a></td></tr><tr><td>eigenStaking</td><td><a href="https://etherscan.io/address/0x24db6717db1c75b9db6ea47164d8730b63875db7">https://etherscan.io/address/0x24db6717db1c75b9db6ea47164d8730b63875db7</a></td></tr><tr><td>preDepositHelper</td><td><a href="https://etherscan.io/address/0xcc5460cf8f81caa790b87910364e67ddb50e242b">https://etherscan.io/address/0xcc5460cf8f81caa790b87910364e67ddb50e242b</a></td></tr><tr><td>withdrawManager</td><td><a href="https://etherscan.io/address/0x98083e22d12497c1516d3c49e7cc6cd2cd9dcba4
">https://etherscan.io/address/0x98083e22d12497c1516d3c49e7cc6cd2cd9dcba4</a><a href="https://etherscan.io/address/0x98083e22d12497c1516d3c49e7cc6cd2cd9dcba4
"><br></a></td></tr></tbody></table>
{% endtab %}

{% tab title="Arbitum" %}

<table><thead><tr><th width="184">Contract</th><th>Address</th></tr></thead><tbody><tr><td>Eigenpie Config</td><td><a href="https://arbiscan.io/address/0x92c93b90ed2b9cd2c10639cc48882ddefddfc748">https://arbiscan.io/address/0x92c93b90ed2b9cd2c10639cc48882ddefddfc748</a></td></tr><tr><td>CCIP Bridge</td><td><a href="https://arbiscan.io/address/0x42c614415cfb8c71bb28314f6d2a21d91c68f588">https://arbiscan.io/address/0x42c614415cfb8c71bb28314f6d2a21d91c68f588</a></td></tr><tr><td>Eigenpie Launchpad</td><td><a href="https://arbiscan.io/address/0x87dA68Ab9B307Bc5C510c5569ba3142b1e4e9a82">https://arbiscan.io/address/0x87dA68Ab9B307Bc5C510c5569ba3142b1e4e9a82</a></td></tr></tbody></table>
{% endtab %}

{% tab title="BNB Chain" %}

<table><thead><tr><th width="183">Contract</th><th>Address</th></tr></thead><tbody><tr><td>Eigenpie Config</td><td><a href="https://bscscan.com/address/0xd2080eF0fe7425E7e48FF20310035702D7AF7686">https://bscscan.com/address/0xd2080eF0fe7425E7e48FF20310035702D7AF7686</a></td></tr><tr><td>EGP Token</td><td><a href="https://bscscan.com/token/0x0cc7288A11c0c31d39d0e05EB59F24e506ad6aD5">https://bscscan.com/token/0x0cc7288A11c0c31d39d0e05EB59F24e506ad6aD5</a></td></tr><tr><td>CCIP Bridge</td><td><a href="https://bscscan.com/address/0xF4d384875C46179FBD3F59EDA2cE479A7333c91d">https://bscscan.com/address/0xF4d384875C46179FBD3F59EDA2cE479A7333c91d</a></td></tr></tbody></table>
{% endtab %}

{% tab title="Zircuit" %}

<table><thead><tr><th width="184">Contract</th><th>Address</th></tr></thead><tbody><tr><td>Eigenpie Config</td><td><a href="https://explorer.zircuit.com/address/0x83e817E1574e2201a005EC0f7e700ED5606F555E">https://explorer.zircuit.com/address/0x83e817E1574e2201a005EC0f7e700ED5606F555E</a></td></tr></tbody></table>
{% endtab %}
{% endtabs %}

## LRT Tokens

{% tabs %}
{% tab title="Ethereum" %}

<table><thead><tr><th width="185">LRT Tokens</th><th>Address</th></tr></thead><tbody><tr><td>egETH</td><td><a href="https://etherscan.io/address/0x18f313Fc6Afc9b5FD6f0908c1b3D476E3feA1DD9">https://etherscan.io/address/0x18f313Fc6Afc9b5FD6f0908c1b3D476E3feA1DD9</a></td></tr><tr><td>mstETH</td><td><a href="https://etherscan.io/token/0x49446a0874197839d15395b908328a74ccc96bc0">https://etherscan.io/token/0x49446a0874197839d15395b908328a74ccc96bc0</a></td></tr><tr><td>mrETH</td><td><a href="https://etherscan.io/address/0xd05728038681bcc79b2d5aeb4d9b002e66c93a40">https://etherscan.io/address/0xd05728038681bcc79b2d5aeb4d9b002e66c93a40</a></td></tr><tr><td>mwBETH</td><td><a href="https://etherscan.io/token/0xE46a5E19B19711332e33F33c2DB3eA143e86Bc10">https://etherscan.io/token/0xE46a5E19B19711332e33F33c2DB3eA143e86Bc10</a></td></tr><tr><td>mmETH</td><td><a href="https://etherscan.io/address/0x8a053350ca5f9352a16ded26ab333e2d251dad7c">https://etherscan.io/address/0x8a053350ca5f9352a16ded26ab333e2d251dad7c</a></td></tr><tr><td>msfrxETH</td><td><a href="https://etherscan.io/address/0x879054273cb2dad631980fa4efe6d25eefe08aa4">https://etherscan.io/address/0x879054273cb2dad631980fa4efe6d25eefe08aa4</a></td></tr><tr><td>mcbETH</td><td><a href="https://etherscan.io/token/0xD09124e8a1e3D620E8807aD1d968021A5495CEe8">https://etherscan.io/token/0xD09124e8a1e3D620E8807aD1d968021A5495CEe8</a></td></tr><tr><td>mswETH</td><td><a href="https://etherscan.io/token/0x32bd822d615A3658A68b6fDD30c2fcb2C996D678">https://etherscan.io/token/0x32bd822d615A3658A68b6fDD30c2fcb2C996D678</a></td></tr><tr><td>mETHx</td><td><a href="https://etherscan.io/token/0x9a1722b1f4A1BB2F271211ade8e851aFc54F77E5">https://etherscan.io/token/0x9a1722b1f4A1BB2F271211ade8e851aFc54F77E5</a></td></tr><tr><td>mosETH</td><td><a href="https://etherscan.io/token/0x352a3144e88D23427993938cfd780291D95eF091">https://etherscan.io/token/0x352a3144e88D23427993938cfd780291D95eF091</a></td></tr><tr><td>mankrETH</td><td><a href="https://etherscan.io/token/0x5A4A503F4745c06A07E29D9a9DD88aB52f7a505B">https://etherscan.io/token/0x5A4A503F4745c06A07E29D9a9DD88aB52f7a505B</a></td></tr><tr><td>mOETH</td><td><a href="https://etherscan.io/token/0x310718274509a38cc5559a1ff48c5eDbE75a382B">https://etherscan.io/token/0x310718274509a38cc5559a1ff48c5eDbE75a382B</a></td></tr><tr><td>mLsETH</td><td><a href="https://etherscan.io/token/0xa939C02DbA8F237b40d2A3E96AD4252b00Bb8a72">https://etherscan.io/token/0xa939C02DbA8F237b40d2A3E96AD4252b00Bb8a72</a></td></tr><tr><td>mEIGEN</td><td><a href="https://etherscan.io/token/0xa7e163b063E7B13A7E9a50c6977BE228D06870A1">https://etherscan.io/token/0xa7e163b063E7B13A7E9a50c6977BE228D06870A1</a></td></tr><tr><td>mRED</td><td><a href="https://etherscan.io/address/0xD48067f122AFC3a58f0F79611f5F1AfAe0d7f25B">https://etherscan.io/address/0xD48067f122AFC3a58f0F79611f5F1AfAe0d7f25B</a></td></tr></tbody></table>
{% endtab %}

{% tab title="Arbitrum" %}

<table><thead><tr><th width="184">Contract</th><th>Address</th></tr></thead><tbody><tr><td>EGP</td><td><a href="https://arbiscan.io/address/0x7e7a7c916c19a45769f6bdaf91087f93c6c12f78">https://arbiscan.io/address/0x7e7a7c916c19a45769f6bdaf91087f93c6c12f78</a></td></tr><tr><td>vlEGP</td><td><a href="https://arbiscan.io/address/0x08d639e1e3989de87324090c2efdd4049cbc92f2">https://arbiscan.io/address/0x08d639e1e3989de87324090c2efdd4049cbc92f2</a></td></tr><tr><td>egETH</td><td><a href="https://arbiscan.io/token/0x6c49a527bdd2e09d4337c8699aa7b44dd053eda8">https://arbiscan.io/token/0x6c49a527bdd2e09d4337c8699aa7b44dd053eda8</a></td></tr><tr><td>mstETH</td><td><a href="https://arbiscan.io/address/0xE367d4b1b9bB40e34aDCE448e1edb0141Fc6a8AC">https://arbiscan.io/address/0xE367d4b1b9bB40e34aDCE448e1edb0141Fc6a8AC</a></td></tr><tr><td>mswETH</td><td><a href="https://arbiscan.io/address/0xAbf9F7200D5337e50BF85748B7e780032BC5838e">https://arbiscan.io/address/0xAbf9F7200D5337e50BF85748B7e780032BC5838e</a></td></tr><tr><td>mmETH</td><td><a href="https://arbiscan.io/address/0x5d84E0f246E629E6AB29252ecBD9ab20e89aC845">https://arbiscan.io/address/0x5d84E0f246E629E6AB29252ecBD9ab20e89aC845</a></td></tr></tbody></table>
{% endtab %}

{% tab title="BNB Chain" %}

<table><thead><tr><th width="186">Contract</th><th>Address</th></tr></thead><tbody><tr><td>mwBETH</td><td><a href="https://bscscan.com/token/0x7dC91cBD6CB5A3E6A95EED713Aa6bF1d987146c8">https://bscscan.com/token/0x7dC91cBD6CB5A3E6A95EED713Aa6bF1d987146c8</a></td></tr></tbody></table>
{% endtab %}

{% tab title="Zircuit" %}

<table><thead><tr><th width="189">Contract</th><th>Address</th></tr></thead><tbody><tr><td>egETH</td><td><a href="https://explorer.zircuit.com/address/0x4bcc7c793534246BC18acD3737aA4897FF23B458">https://explorer.zircuit.com/address/0x4bcc7c793534246BC18acD3737aA4897FF23B458</a></td></tr><tr><td>mstETH</td><td><a href="https://explorer.zircuit.com/address/0x1C1Fb35334290b5ff1bF7B4c09130885b10Fc0f4">https://explorer.zircuit.com/address/0x1C1Fb35334290b5ff1bF7B4c09130885b10Fc0f4</a></td></tr><tr><td>mwBETH</td><td><a href="https://explorer.zircuit.com/address/0x7a7D161e387e80525678A3a5d8b91a2f6239175a">https://explorer.zircuit.com/address/0x7a7D161e387e80525678A3a5d8b91a2f6239175a</a></td></tr><tr><td>mswETH</td><td><a href="https://explorer.zircuit.com/address/0x6b6551B2D7cAA790F301197E4690836897A41900">https://explorer.zircuit.com/address/0x6b6551B2D7cAA790F301197E4690836897A41900</a></td></tr></tbody></table>
{% endtab %}
{% endtabs %}


# Official Links

Official Links

**Website:** [**https://www.eigenlayer.magpiexyz.io/restake**](https://www.eigenlayer.magpiexyz.io/restake)​

**Twitter:** [**https://x.com/Eigenpiexyz\_io**](https://x.com/Eigenpiexyz_io)​

**Telegram Discussion:** [**https://t.me/Official\_MagpieMegaDao/101124**](https://t.me/Official_MagpieMegaDao/101124)

​**Medium:** [**https://blog.eigenpiexyz.io/**](https://blog.eigenpiexyz.io/)​

**Discord:** [**https://discord.com/invite/magpiexyz**](https://discord.com/invite/magpiexyz)


# Bridge

Eigenpie has integrated advanced Chainlink CCIP technology.

<figure><img src="/files/GwD57QatowhhblPvxfV2" alt=""><figcaption><p><a href="https://www.eigenlayer.magpiexyz.io/bridge">Bridge Here</a></p></figcaption></figure>

## Chainlink CCIP

Chainlink CCIP (Cross-Chain Interoperability Protocol) is a decentralized protocol that facilitates secure, cross-chain communication between blockchain networks. It enables assets, data, and commands to move seamlessly across chains, providing interoperability for decentralized applications and supporting a unified Web3 ecosystem.

## What does this mean for Eigenpie's LRTs?

Chainlink CCIP enables seamless [cross-chain transfers of various Eigenpie LRTs](https://www.eigenlayer.magpiexyz.io/bridge) across Ethereum, Arbitrum, BNB Chain, and Zircuit, giving users the flexibility to utilize their assets on their chosen network.


# Media Kit

Eigenpie Brand Assets

{% hint style="info" %}
<https://drive.google.com/drive/folders/1RwwqdWMEMb1KjFF1zDmnVfpFyjk8C3bh?usp=drive_link>
{% endhint %}


# Governance

Decision-making on Eigenpie

## The Eigenpie Governance Forum <a href="#the-cakepie-governance-forum" id="the-cakepie-governance-forum"></a>

As part of the SubDAO Model from Magpie, Eigenpie utilizes Magpie's Governance Forum.

<figure><img src="/files/Ma1TLq06C3UTbBijffJ2" alt=""><figcaption></figcaption></figure>

Users can join our [**Governance Forum**](https://gov.magpiexyz.io/) to suggest changes to our platform and take part in the discussion with the community. The [**General Discussion**](https://gov.magpiexyz.io/c/eigenpie/2-general-discussion/33) channel and the [**Community Ideas**](https://gov.magpiexyz.io/c/eigenpie/community-ideas-category/34) channel are created with the goal of fostering user participation. The core contributors of Eigenpie will review users opinions and engagement within the forum to consider implementations moving forward.

In the [**Eigenpie Improvement Proposals**](https://gov.magpiexyz.io/c/eigenpie/4-eigenpie-improvement-proposals/35) category, core contributors from Eigenpie will post proposed changes to the platform. This allows the community to vote and decide whether to support the suggestions or not.

### vlEGP holders are able to support or vote against the EIPs via [Snapshot](https://snapshot.box/#/s:eigenpiexyz.eth). <a href="#vlckp-holders-are-able-to-support-or-vote-against-the-cips-via-snapshot" id="vlckp-holders-are-able-to-support-or-vote-against-the-cips-via-snapshot"></a>

Snapshot is an off-chain voting platform that allows DAOs, DeFi protocols, or NFT communities to participate in decentralized governance.


# Reference

Disclaimer

Eigenpie places a high priority on user safety and comfort. However, interacting with any decentralized finance smart contract is inherently risky. Prior to launching, our team conducted an extensive review of our smart contracts, and we also sought the expertise of skilled third-party auditors to pinpoint any potential system weaknesses or gaps.

It's important to recognize that there is still a possibility of losing all or a portion of your investment. We advise you to be cautious when using our platform and to operate within your personal risk tolerance limits.

Additionally, as Eigenpie directly integrates with EigenLayer, users should be aware of the risks associated with both platforms. We encourage you to thoroughly examine their documentation and fully understand the risks involved before engaging with Eigenpie or EigenLayer.


# Glossary

Tokens related to Eigenpie

### mLRTs <a href="#ckp" id="ckp"></a>

Eigenpie supports a diverse range of Liquid Staking Tokens (LSTs) for restaking on EigenLayer. Each LST accepted by Eigenpie is issued a corresponding Liquid Restaked Token (LRT) on our platform, referred to as mLRTs. The term "mLRTs" serves as a collective designation for all LRT tokens created by Eigenpie, each backed by an underlying LST. [Find more details here.](https://docs.eigenpiexyz.io/liquid-restaking/eigenpie-isolated-liquid-restaked-tokens)

### egETH

Eigenpie provides liquid restaking for native ETH. egETH is Eigenpie’s dedicated Liquid Restaking Token (LRT) designed for users who restake their native ETH through our platform. egETH is exclusively backed by native ETH and is not associated with any Liquid Staking Token (LST).

### CKP <a href="#ckp" id="ckp"></a>

Eigenpie's governance token. Users can lock EGP as vlEGP to participate in the governance of Eigenpie and earn rewards for active user engagement.

### vlEGP

Vote-Locked EGP. Locked version of EGP. Users can lock their EGP to receive vlEGP at 1:1 ratio. vlEGP holders can earn rewards for active user engagement on Eigenpie and also can participate in the governance of Eigenpie.


# Security

Safeguarding the platform's integrity and protecting user assets are top priorities for Eigenpie. You can access our audit reports here.

<figure><img src="/files/Hk5N0x3oCnLbh2yvpSnZ" alt=""><figcaption></figcaption></figure>


# Audit Reports

Eigenpie has been audited by BlockSec, PeckShield and Astrasec.

## BlockSec Audit <a href="#blocksec-audit" id="blocksec-audit"></a>

<figure><img src="/files/t2nFXBVn6ItktdBQm2r0" alt=""><figcaption></figcaption></figure>

<https://github.com/blocksecteam/audit-reports/blob/main/solidity/blocksec_eigenpie_1.0-signed.pdf>

## PeckShield Audit

<figure><img src="/files/swLqrWxl5c7ynmSB2QpK" alt=""><figcaption></figcaption></figure>

<https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-Eigenpie-v1.0.pdf>

## AstraSec Audit

<figure><img src="/files/Gz52TaZxoTsVhihPZSnH" alt=""><figcaption></figcaption></figure>

<https://github.com/astrasecai/audit-reports/blob/main/AstraSec-AuditReport-Magpie-Eigenpie.pdf>


# How to use Eigenpie

Eigenpie is an innovative SubDAO created by Magpie, focusing on the restaking of ETH LSTs via EigenLayer. As a liquid restaking platform for Ethereum, Eigenpie’s core mechanism enables users to convert their Liquid Staked ETH tokens into Isolated Liquid Restaked ETH tokens. These are restaked versions of ETH LSTs, created by Eigenpie. This process allows users to earn rewards for their active participation from Ethereum staking and EigenLayer rewards simultaneously, without requiring a lockup period.

## In this section you will learn:

* How to deposit LSTs into Eigenpie


# Restake your LSTs

## 1. Enter [Eigenpie](https://www.eigenlayer.magpiexyz.io/restake)

## 2. Connect your Wallet

* Hover to the top right corner of your page and connect your wallet

<figure><img src="/files/viVBgKfeELqHpIS7jjEm" alt=""><figcaption></figcaption></figure>

## 3. Navigate to the "Restake" tab

<figure><img src="/files/nKTj0TTlgLnI0LLwhM7R" alt=""><figcaption></figcaption></figure>

## 4. Select a pool to restake your ETH LSTs

<figure><img src="/files/jTkeIV8BNrBFwfcsOXGR" alt=""><figcaption></figcaption></figure>

## 5. Approve the Pre-Deposit of your LSTs into Eigenpie

* Select the amount of tokens to pre-deposit
* Approve (Approve infinity can be selected in case that users want to pre-deposit more tokens later)

<figure><img src="/files/jHUfVQdOALl5ksuCw0Vf" alt=""><figcaption></figcaption></figure>

## 6. Pre-Deposit your LSTs

* Pre-Deposit your LSTs into Eigenpie and automatically start accumulating Eigenpie Points
* LST depositors on Eigenpie accumulate 1 Eigenpie Point every hour

<figure><img src="/files/YGc9yJhwRNOIPLIXsNyr" alt=""><figcaption></figcaption></figure>


# Unstake your LSTs

Depositors can easily withdraw their assets from Eigenpie

### 1. Enter [Eigenpie](https://www.eigenlayer.magpiexyz.io/restake) <a href="#id-1.-enter-eigenpie" id="id-1.-enter-eigenpie"></a>

### 2. Connect your Wallet <a href="#id-2.-connect-your-wallet" id="id-2.-connect-your-wallet"></a>

* Hover to the top right corner of your page and connect your wallet

<figure><img src="https://docs.eigenpiexyz.io/~gitbook/image?url=https%3A%2F%2F195834907-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FHbLaOgcDyxDsNWuNgBMC%252Fuploads%252FqSDQGxSQvJFPEWlPNIbx%252FScreenshot%25202024-04-04%2520at%25204.46.33%2520PM.png%3Falt%3Dmedia%26token%3D7d863386-99ca-4398-a2f9-5724f63e81d1&#x26;width=768&#x26;dpr=4&#x26;quality=100&#x26;sign=1d4bae935d11bb684cc67071bad0a1853b69a83a86450c7578278b509c251852" alt=""><figcaption></figcaption></figure>

### 3. Navigate to the "Restake" tab <a href="#id-3.-navigate-to-the-restake-tab" id="id-3.-navigate-to-the-restake-tab"></a>

<figure><img src="https://docs.eigenpiexyz.io/~gitbook/image?url=https%3A%2F%2F195834907-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FHbLaOgcDyxDsNWuNgBMC%252Fuploads%252F1kuf3bHbTl2XVIJED5YX%252Fimage.png%3Falt%3Dmedia%26token%3Dc8ba0d61-02bb-4015-befb-f8e096fadf97&#x26;width=768&#x26;dpr=4&#x26;quality=100&#x26;sign=333613064160213b3fae2a2373947337cbca3972743979fd70b95e39f2b23a1d" alt=""><figcaption></figcaption></figure>

### 4. Select a pool to unstake your ETH LSTs <a href="#id-4.-select-a-pool-to-restake-your-eth-lsts" id="id-4.-select-a-pool-to-restake-your-eth-lsts"></a>

<figure><img src="/files/M3n9Sx1LZdKfqlTnhs4J" alt=""><figcaption></figcaption></figure>

## 5. Approve the unstaking of your LSTs from Eigenpie

<figure><img src="/files/2cwQkxBBNCSwBXf0QfaZ" alt=""><figcaption><p>Press "Approve"</p></figcaption></figure>

## 6. Unstake your LSTs from Eigenpie

* Users must request to unstake before being able to withdraw their assets, following an escrow period of 8 to 16 days.

<figure><img src="/files/H5VaOlYiGzbgCBQkBRcJ" alt=""><figcaption><p>Select the amount of assets to unstake and press "Unstake"</p></figcaption></figure>

## 7. Withdraw your LSTs from Eigenpie

* After the escrow period is completed, users can withdraw their LSTs to receive their corresponding assets
* Users can check the "Withdraw All" check box to withdraw all their assets

<figure><img src="/files/qpYa9QwjuukcVMzjU99y" alt=""><figcaption><p>Press "Withdraw" to receive your LSTs in your wallet</p></figcaption></figure>


