Restaking Cloud Unveils A Full Featured Testnet for K2
Introduction
Restaking Cloud has moved its first protocol K2 to a fully operational testnet. This introduces opportunities to build and earn for the Ethereum ecosystem and beyond. Builders can start to create new protocols with bespoke slashing and liveness logic. Restakers can earn additional rewards in ETH and ERC20s. Those with a computer can start earning ETH as Reporters.
For the first time since the merge and introduction of MEV, solo stakers can get an increase in ETH yields through restaking.
Key Takeaways
- Native Delegation is entirely inclusive of all 880k+ Ethereum validators without changing withdrawal credentials or infrastructure.
- K2 mirrors Ethereum consensus enabling programmable slashing and liveness.
- This is just the beginning for Restaking Cloud with many more advancements coming over the coming months.
Get up to Speed on Restaking Cloud’s K2 Protocol
Native Delegation
At the heart of Restaking Cloud’s testnet is Native Delegation, which is a testament to the platform’s commitment to inclusivity and decentralization. This feature allows validators, including those who are solo stakers, DVT, and LST stakers, to engage in restaking without changing their withdrawal key management, infrastructure, or business logic. Complete autonomy in infrastructure and withdrawal keys means that Ethereum can continue to decentralize while additional rewards remain inclusive.
Native Delegation Tutorial — Testnet dApp
All deposits into K2 whether through Native Delegation or an LST are protected from slashing. This is possible because all slashing happens at the pool level and is more similar to a paid-for service by middleware to ETH stakers. The reasons for this design will become much more evident in the coming months as additional features are released.
The introduction of Native Delegation with restaking is similar to the introduction of MEV during the merge — Validators can maintain all current operations but access additional ETH yields.
Take a deep drive to learn about Native Delegation from the developers behind K2.
Exploring the Testnet
The Restaking Cloud Testnet: A window into the future of Ethereum restaking. Although this is just the beginning, developers can permissionlessly program slashing and liveness logic.
User Experience: The testnet showcases an intuitive dApp interface, simplifying the process of borrowing ETH security.
Yield Opportunities: A key feature of the testnet is its ability to provide validators with an additional stream of ETH rewards. Shortly, those using Native Delegation can earn more as Preferred Node Operators.
Community Engagement: The launch of the testnet is an open invitation to the Ethereum community for feedback, testing, and collaboration, ensuring that Restaking Cloud evolves in alignment with user needs and industry trends. If you have an idea please reach out to us on X.
Testing for Developers: There isn’t any requirement to start building on K2. Slashing logic can be programmed via simple typescript. If you’d like to share your idea, be featured, or looking for integration support please fill out this form.
Anybody Can Earn ETH: If you have an old laptop you can signup as a Reporter. This software is a super lightweight ZK gadget working in an ad-hoc network that automatically enforces slashing logic. You’ll get paid in ETH.
Testnet’s Broader Implications
Beyond its immediate functionalities, the testnet paves the way for a series of advanced applications and innovations in the Ethereum ecosystem. If you want to build or join our Ecosystem Design Partners, please reach out.
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DISCLAIMER: The text above is just a description of how Restaking Cloud works in theory. Any figures mentioned serve only as an illustration. Engaging in any blockchain activities with or without the necessary skills or experience can result in a loss of funds. This is a very experimental tool, so please treat it as such.
Before participating please read the disclaimer here.
