ARPA AVS Launches Season 1 Community Rewards Through EigenLayer Programmatic Incentives

ARPA Official
3 min readSep 17, 2024

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We are excited to announce the launch of ARPA AVS Season 1 (Sep.12–26) rewards, marking a significant milestone for both ARPA and the wider EigenLayer ecosystem. This initiative recognizes ARPA’s position as one of the top Attestation Verification Services (AVSs) in terms of total value staked and the number of stakers. To celebrate this achievement and give back to our loyal community, we are rolling out a rewards program powered by EigenLayer’s Programmatic Incentives system.

ARPA: Leading the Way in AVS Rewards Distribution

As a top 3 AVS by number of stakers, ARPA is not only committed to securing the network but also dedicated to driving ecosystem growth and long-term sustainability for our restaking community. This commitment takes shape in our decision to launch the first-ever AVS rewards program — outside of EigenDA — through EigenLayer’s Programmatic Incentives system. This achievement reflects ARPA’s focus on innovation and community growth, setting the stage for more AVSs to follow in our footsteps.

Season 1 Rewards: How It Works

Season 1 will serve as a trial phase for our restaking rewards program, ensuring smooth execution and community feedback. The distribution is designed to incentivize key stakeholders while maintaining fairness across the board.

ARPA Restaking Reward Breakdown for Season 1:

Duration: 14 days

Total rewards: 14,000 ARPA

Distribution:

  • 75% (10,500 ARPA) will be allocated to ETH/Liquid Staking Token (LST) restakers
  • 25% (3,500 ARPA) will be allocated to EIGEN restakers

This model rewards those who contribute to the security and stability of ARPA AVS, ensuring a robust and sustainable staking ecosystem.

What’s Next for ARPA AVS?

While Season 1 is just the beginning, we’re already preparing for an exciting Season 2. Here’s what you can expect next:

  1. Season 2 with Extended Duration and Higher Rewards: Season 2 will have a significantly longer duration and will offer increased incentives for stakers and operators. The specific details and launch date will be announced soon, so stay tuned!
  2. $ARPA Token Now Accepted for Staking on EigenLayer: In a groundbreaking development, $ARPA is now officially accepted as a staking asset on EigenLayer. This expansion further integrates ARPA within the EigenLayer ecosystem, and Season 2 will include rewards specifically for $ARPA token stakers, allowing our community to benefit even more from their participation.

At ARPA, we are deeply committed to building a strong and thriving restaking community, and the launch of this program marks an important step in that direction. As we move forward, we are eager to continue working with EigenLayer and the broader ecosystem to create more opportunities for our community.

Stay tuned for more updates on Season 2 and the future of ARPA AVS!

About ARPA

ARPA Network (ARPA) is a decentralized secure computation network built to improve the fairness, security, and privacy of blockchains. ARPA threshold BLS signature network serves as the infrastructure of verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge, and decentralized custody across multiple blockchains.

ARPA was previously known as ARPA Chain, a privacy-preserving Multi-party Computation (MPC) network founded in 2018. ARPA Mainnet has completed over 224,000 computation tasks in the past years. Our experience in MPC and other cryptography laid the foundation for our innovative threshold BLS signature schemes (TSS-BLS) system design and led us to today’s ARPA Network.

Randcast, a verifiable Random Number Generator (RNG), is the first application that leverages ARPA as infrastructure. Randcast offers a cryptographically generated random source with superior security and low cost compared to other solutions. Metaverse, game, lottery, NFT minting and whitelisting, key generation, and blockchain validator task distribution can benefit from Randcast’s tamper-proof randomness.

For more information about ARPA or to join our team, please contact us at contact@arpanetwork.io.

Learn about ARPA’s recent official news:

Twitter: @arpaofficial

Medium: https://medium.com/@arpa

Discord: https://dsc.gg/arpa-network

Telegram (English): https://t.me/arpa_community

Telegram (Turkish): https://t.me/Arpa_Turkey

Telegram (Korean): https://t.me/ARPA_Korea

Reddit: https://www.reddit.com/r/arpachain/

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ARPA Official
ARPA Official

Written by ARPA Official

ARPA is a privacy-preserving blockchain infrastructure enabled by MPC. Learn more at arpachain.io

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