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Semantics of Staking 3: Advanced Constructions — The price of agency

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Many thanks to Anders Elowsson for initial discussions prompting these series of posts and for his many helpful comments on the text. Thank you also to the many reviewers whom I have bothered too much with this, and who have provided comments on previous posts or parts of the current one. Photo by William Priess on Unsplash. We have now laid out the pieces which make up our current game of asset Legos. It is time to put them together and see what we can obtain! Part 1: Liquefaction Part 2: Re-staking Part 3: Advanced construction sets for ages 16+ The first construction considers an SSP re-staking the stake currently under its control. In this case, the node operators of the SSP set their withdrawal addresses to some EigenPod, which binds them to commitments entered into with AVS. This leads to the creation of an asset, L.[noETH], representing a claim on a re-staked Ethereum protocol collateral. In the following, we depict the creation of this asset, which we could first call L.avs.[no

Many thanks to Anders Elowsson for initial discussions prompting these series of posts and for his many helpful comments on the text. Thank you also to the many reviewers whom I have bothered too much with this, and who have provided comments on previous posts or parts of the current one. Photo by William Priess on Unsplash . We have now laid out the pieces which make up our current game of asset Legos. It is time to put them together and see what we can obtain! Part 1: Liquefaction Part 2: Re-staking Part 3: Advanced construction sets for ages 16+ L.[noETH]: Native SSP re-staking (“LRTs”) The

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