Summary
Chaos Labs presents this AVS onboarding template as an initial step in our strategic partnership with the ether.fi community. The form is meticulously designed to gather all pertinent information required for comprehensive risk analysis and reporting to the DAO on AVSs applying for an allocation from ether.fi. We encourage new AVS partners applying for an allocation from ether.fi to use this template when presenting themselves to the ether.fi community.
Motivation
As ether.fi and the restaking ecosystem continue to grow, it will be crucial to analyze the specific risks introduced when making effective AVS allocation decisions. This requires standardizing the onboarding process to ensure all relevant information is publicly available. Clear standardized disclosures will empower the community to appraise the specific risk and reward characteristics of each AVS applying for an allocation from ether.fi.
Template
Section 1: AVS Applicant Information
Project Name: [Enter Project Name]
Project Description: [Enter Project Description (1-3 sentences)]
Team Members and Qualifications: [List team members and their qualifications, roles, and responsibilities]
Project Links: [Enter Any Relevant Project Links (website, demo, github, twitter, etc.]
Contact Information
Contact Person: [Name]
TG: [Telegram]
Twitter: [Project Twitter Handle]
Section 2: AVS Commercial Terms
Tokens Accepted as Security: [Enter the tokens accepted as security on the AVS as well as any restrictions, etc.]
Minimum Security Requested from ether.fi: [Enter the minimum amount of security requested including the token/current denomination]
Maximum Security Requested from ether.fi: [Enter the maximum amount of security requested including the token/current denomination]
Attributed Security Required: [Enter the amount of security required solely staked to your AVS]
Details of Slashing Conditions: [Enter the proposed framework for slashing operators]
Fixed Compensation for security: [Enter the proposed fixed reward conditions in terms of APR or tokens and the token they will be paid in]
Variable Reward Component: [Enter the terms of any variable reward component (e.g. revenue share, etc.) if applicable]
Time Commitment: [What is the duration of this AVS security agreement]
Node Operator Restrictions: [Describe any restrictions on node operator behavior such as maximum AVS’s operated, minimum number of ether.fi operators, etc.]
Section 3: AVS Technical and Risk Details
Does your AVS support the usage of contract based operators: [Yes/No]
If so is your solution compatible with EIP-1271: [Yes/No]
Committed ether.fi Operators: [List the ether.fi operators that have committed to validate your AVS when live]
If your AVS involves operations on multiple chains, do you require the operator to have an identical address on each chain: [Yes/No]
Hardware Requirements: [Describe the requirements to run a fully validating node]
Section 4: AVS Compensation Token Details
When was the token issued: [Date/expected date of token launch]
What is the token vesting schedule: [Describe the token vesting schedule]
Special Considerations
The restaking landscape is in the early stages of its development. As this novel category evolves, this application form should be updated to ensure that the ether.fi community continues to have the appropriate information to make sound allocation decisions.