$EIGEN

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EigenLayer announced that its Rewards v2 protocol upgrade went live on the mainnet at 12:49 PM PST on January 21. This upgrade is an important milestone in the EigenLayer ecosystem, aiming to bring greater flexibility, efficiency, and customization to the reward mechanism.

The Rewards v2 protocol upgrade introduces the following enhancements:

1. Operator-oriented rewards: Allows AVS (Automated Validation Service) to reward operators based on performance or custom logic.

2. Variable operator fees: Operators can set their own rates for each AVS, providing economic flexibility and attracting more participants.

3. Batch reward claims: Stakers and operators can claim multiple rewards in a single transaction, reducing gas costs.

The introduction of these features makes EigenLayer's reward mechanism more dynamic and flexible, better meeting the needs of different participants within the ecosystem.

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